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.
South Africa will not impose a windfall tax on synthetic fuel producers such as Sasol and PetroSA, the National Treasury said today.
"(The) government has also decided not to proceed with a tax on the windfall profits earned by existing synthetic fuel producers in the interest of a conducive environment for additional investments in domestic fuel security," Reuters quoted the National Treasury as saying in a statement.
A government taskforce proposed a possible tax on windfall profits and an incentive arrangement for new investment in liquifuel production capacity.
Finance Minister Trevor Manuel, who said in February he would consult the oil industry on the proposed windfall tax, told reporters in Pretoria that the government wanted to be fair.
"We want to be fair, we want to avoid (a) retrogressive tax law," Manuel said.
The taskforce had proposed that a further tax on existing synthetic fuel production volumes would kick in from a level for international oil prices of about $45 to $55 per barrel of crude.
The team also recommended a progressive incentive scheme for investments in new synthetic fuel and biofuel plants, including tax credits at low oil prices and tax at high prices.