Exploration & Production companies operating on the Norwegian Continental Shelf are demanding 20-30% price reductions from service and equipment suppliers to current and future contracts, because of the drop in energy commodity prices.
DN:Aldri vært med på lignende
Other news
Rowan cancels and suspends jackup construction
Schlumberger cuts
Baker Hughes cuts
Showing posts with label NCS. Show all posts
Showing posts with label NCS. Show all posts
Tuesday, January 27, 2009
Thursday, September 11, 2008
Norwegian hydrocarbon production up
The total amount of hydrocarbons(crude oil, condensate, NGL, natural gas) produced from the Norwegian portion of Atlantic increased from 137.8 million cubic meters to 142.5 in the first six months of 2008. An increase of 3.4 percentage. However crude oil production from the Norwegian continental shelf decreased by 4.4 million cubic meters(5.8%) in the same period.
Links: Norwegian Petroleum Directorate
Links: Norwegian Petroleum Directorate
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