Gro Brækken in the Norwegian oil and gas oil industry believes must accept the government’s austerity measures and that it has now reached a historic high.
Brækken residing in Houston along with much of the management of the Norwegian oil industry. As director of the Norwegian oil and gas, she was awakened by messages from Norway that the government notifies tighter Norwegian oil economy.
– I do not dramatize this, but it is a violation of the policy we had. Our concern is now how this will affect the government’s desire to increase the recovery and development of new fields. This is difficult and costly projects and the industry is completely dependent on predictable conditions.
– Were you warned about this in advance?
– No, this was quite a surprise to us. And when I was awakened this morning U.S. time, the first phone to NHO director Kristin Skogen Lund.
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40 years of OTC
Brækken to Monday morning attend the opening of the Offshore Technology Conference (OTC) in conjunction with the Norwegian Crown Prince and Princess. A record Norwegian delegation is in place in Houston to mark the 40 year anniversary of the Norwegian pavilion at OTC.
Brækken is not worried that the Norwegian economy has become too dependent on the Norwegian oil industry.
– It’s good for the Norwegian economy that we have an industry that holds up employment and provide good value. Large parts of the mainland industry relies on to work closely with the industry. Therefore, it is not that we have two competing economies. Both the offshore and on the mainland are closely linked in terms of technology.
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Brækken believe government measures to strengthen mainland industry is positive and will help to strengthen all of the companies that currently supply products to the Norwegian oil and gas production.
– We are lucky in Norway that has the oil and gas industry as the foundation. We are privileged compared to many other countries.
She is, however, very concerned about the cost and that an increasing proportion of major development projects on the Norwegian continental shelf to happen abroad.
– This is also the reason why there are now appointed a committee under the auspices of Konkraft, liaison between the Norwegian government and the oil industry.
– We have to look at the economy at Norwegian yards and consider measures to improve our competitiveness in relation to foreign competitors.
Read also: – Activity level is so high that we wonder if we have enough competent people to do the job properly
Historical top
Director Jan Listing Land in Greater Chicago with a delegation of 270 representatives from 130 companies in Rogaland region. The delegation’s record and Land Listing think this is the expression of a historical peak in the Norwegian oil industry.
Gro Brækken agree with Mushrooms Country:
– I think we have reached a peak now and it’s not going to last. The major activity is related to a number of projects have been mature now and will be implemented simultaneously. In addition, major new discoveries of oil and gas sparked new development plans.
Monday morning to crown prince couple attend the 40 year anniversary of the Norwegian pavilion. They will also mark the opening of FMC Technologies to unveil its all-new design organized by Snøhetta.
Three Norwegian companies have the technology years prices. It has never happened before. Statoil awarded a prize for its hot tap technology that makes it possible to connect the new manifold on existing oil and gasstrømmingsrør without production shutdown.
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Enterprises for the fifth time
The most amazing is yet Reelwell that for the fifth consecutive year, “OTC Spotlight Reward” for its unique drilling technology.
When Reelwell searched Research Council for funding through PETROMAKS program in 2004, the business consisted of one person. The company has since had great growth and success with different products. Net price they get for their RDM Riserless System, a solution that allows deepwater drilling without a riser.
– This is immensely impressive. Reelwell represents a unique achievement since they compete with the mega-sized companies, said the opportunity for developing energy and infrastructure in Greater Stavanger, Birger Haraldseidvågen.
See also: Increases the tax on the oil industry – other industries get tax relief
The third Norwegian company that makes technology prize, the West Group, which has developed a technology for continuous drilling. Their innovative technology has been developed with the support of such ConocoPhillips and Statoil and support from the Norwegian Research Council through the program Demo 2000.
– We will now build pilot rig in Stavanger 200 million. The oil industry is so conservative that it needs to see how this works before it goes to a whole new technology, says founder Odd B. Skjærseth West Group.
technology is a revolutionary method that makes it possible to drill and pull up the drill string continuously, without stopping.
method may prove to provide time savings in the range of 40 to 45% of the time one drilling vessel arrives at the destination it leaves the location.
This means a corresponding reduction in energy consumption compared with conventional drilling technology.
See also:
Statoil has spent 6 million on this stand
– It is indeed possible to produce equipment in Norway
– We need more extreme technology
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