Wärtsilä Norway AS is a wholly owned subsidiary of Wärtsilä Corporation in Finland. Wärtsilä enhances the business of its customers by providing them with complete lifecycle power solutions. When creating better and environmentally compatible technologies, Wärtsilä focuses on the marine and energy markets with products and solutions as well as services. Through innovative products and services, Wärtsilä sets out to be the most valued business partner of all its customers. This is achieved by the dedication of more than 18,000 professionals manning 160 Wärtsilä locations in 70 countries around the world.
Thorvik International Consulting AS provides services for European energy and environment industries, in recruitment, strategy and government affairs work.
Maersk Oil is aiming to grow by exploration and new business activities in Norway and is looking for a skilled and committed geoscientist (5 to 12 years of experience) for the office in Stavanger, Norway.
Thorvik International Consulting AS provides services for European energy and environment industries, in recruitment, strategy and government affairs work.
PetroChina's Nanpu find in Bohai Bay holds an estimated 3 billion barrels of oil, making it one of the world's biggest discoveries this decade, the company's parent, China National Petroleum Corporation (CNPC) claimed today.
In March, PetroChina flagged the Nanpu find as China's biggest in a decade.
Today, CNPC said that the Jidong-Nanpu field held proven reserves of 405.07 million tonnes of oil equivalent (3 billion barrels).
It said the find had total oil and gas reserves of 1 billion tonnes (7.3 billion barrels) of oil equivalent. However, sources have told Upstream that only 50% of the field's resources are recoverable.
"The discovery is significant in keeping up steady growth of oil production and sustainable development, and in enhancing security of oil supply for the country," CNPC said in a statement.
Hong Kong-based spokesman Mao Zefeng said today that PetroChina, which will operate the oilfield, will issue its own announcement soon.
Officials have said the Nanpu Block was an extension into shallow waters from PetroChina's existing onshore field, which has posted rapid production growth.
Production has more than doubled in the past few years to the current rate of around 34,000 barrels per day, and is expected to increase by another 20% or more this year, thanks to more exploration and new drilling technology, such as more horizontal wells, officials have said.