Geologists in Norway are using flying drones with cameras to hunt for oil

16-05-2013

Geologists have long used seismology on the bottom of the ocean or have been throwing dynamite from snowmobiles when they look for oil. But now researchers at Centre for integrated petroleum research (CIPR), a joint venture between the University of Bergen (UiB) and Uni Research, have found a ...

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04-02-2013

BASF has completed the acquisition of Pronova BioPharma ASA which closed with the payment of the offer price to Pronova shareholders. At the same time, the tendered shares were transferred to BASF. The company now holds 98.19% of Pronova. In accordance with the Norwegian Public Limited ...

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23-01-2013

The extended offer period for BASF’s voluntary cash offer to shareholders of Pronova BioPharma ASA (Pron) ended on January 18, 2013, 16:30 CET. During the offer period, a total of 293,975,655 Pronova shares have been tendered to BASF. This corresponds to 97.7% of all Pronova shares. Based on ...

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Companies swap stakes in the North Sea oil and gas fields Brage, Vega, Gjøa and Edvard Grieg - Wintershall substantially expands production in Norway

24-10-2012

BASF Group company Wintershall is substantially expanding its production and reserves of oil and gas in the North Sea. Through an asset swap, Wintershall will receive from the Norwegian Statoil ASA shares in the three producing fields Brage (32.7 percent), Gjøa (15 percent) and Vega (30 ...

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08-10-2012

Boosted by growth in all segments, Jotun Group announces strong tertiary and year to date numbers in a financial report released today 2nd October 2012.Total net sales in the first eight months of 2012 were NOK 7 686 million for the paints and coatings company, while earnings before interest, ...

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29-08-2012

ABB has won an order from Statoil to install high voltage subsea cables to supply power to the Troll A gas platform on the western coast of Norway. The Troll A concrete deep water structure is the world’s largest natural gas production platform, 473 meters tall and weighs 1.2 million tons; it ...

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22-05-2012

Torgeir Kvidal is appointed acting Yara CFO and Jan Duerloo is appointed acting Head of Yara Upstream. Hallgeir Storvik and Tor Holba are at their own request stepping out of their executive management positions with immediate effect, until the situation is resolved with regard to the Økokrim ...

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03-02-2012

Yara acquired 16% of Burrup Holdings Limited (BHL) for USD 143 million, increasing its ownership share in the company to 51%. Concurrently, Apache Energy has acquired the remaining 49% of the shares in BHL, and signed a new shareholders' agreement with Yara."We are pleased to secure majority ...

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13-01-2012

ABB has won an order worth around $25 million from Statoil to supply AC subsea power cables to the world’s largest offshore gas platform, Troll A, about 70 kilometers off the west coast of Norway. The order was booked in the fourth quarter of 2011. ABB’s scope of supply includes 69 kilometers ...

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03-11-2011

ABB signed a three-year frame agreement worth $33 million with BP Norway for maintenance, modification and service of the safety and automation systems of all of its oil field operations on the Norwegian continental shelf. The agreement signed in the third quarter includes the option to ...

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