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Asset swap between Wintershall and Statoil completed

Oil and gas production in Norway rises from around 3,000 barrels to almost 40,000 barrels of oil equivalent (boe) per day


Wintershall is increasing its production in Norway with financial closing of the asset swap with Statoil ASA. With the transfer of shares in the fields Brage, Vega and Gj ø a (Brage: 32.7%, Vega: 30% and Gj ø a: 15%), Wintershall raises its production in Norway from approximately 3,000 boe to ...


Yara signs LoI for construction of Burrup TAN plant


Yara International ASA has signed a Letter of Intent (LoI) for the construction of a 330,000 ton p.a. technical ammonium nitrate (TAN) plant at Burrup, Australia. The total cost of the project is estimated at approximately USD 700 million.Yara International ASA has signed a LoI with Técnicas ...


Wacker Finalizes Acquisition of Silicon-Metal Production Site in Norway


Wacker Chemie AG has successfully concluded its acquisition of the silicon-metal production site in Holla from FESIL Group (Norway). The transaction announced early last month has now been cleared by the relevant antitrust authorities and approved by Wacker’s and FESIL’s supervisory bodies. Under ...


Norwegian Sea: Production Start-up of Tyrihans Oil and Gas Field


Total announces that the Tyrihans oil and gas field in the Norwegian Sea started production. This field, in which Total owns a 23.18% interest, is the largest field to be brought on stream in Norway in 2009. Development drilling operations will continue over the next two years. Total's share of ...


Yara prolongs maintenance stops for NPK production


Yara International ASA will during second quarter prolong the planned maintenance stops for its Nordic NPK production. The prolongations will reduce NPK production with approximately 200,000 tons and production of co-product Calcium Nitrate with approximately 50,000 tons. The planned maintenance ...


INEOS and Puralube announce a new plant at Bamble Norway


INEOS Bamble AS and Puralube Nordic AS (a joint venture between Norsk Spesialolje AS (NSO) and Puralube GmbH) have announced an agreement to locate a new environmentally friendly lubricant oil production plant on the INEOS site at Rønningen, Bamble, Norway. The new plant, which is to be built, ...


Modernization of Hydro Polymers Chlorine Plant in Rafnes


Hydro Polymers, the petrochemical sector of Hydro, is planning a NOK 700 million (EUR 85 million) conversion of its existing diaphragm chlorine plant at Rafnes, Norway, to membrane technology. The German company Uhde GmbH will have responsibility for the major part of the conversion work, which ...


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