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.
Dominion Resources said today it has agreed to sell most of its gas and oil exploration and production operations for about $6.5 billion, as part of its plan to focus on its power business.
Loews will pay about $4.03 billion for Dominion's gas operations in the Permian basin in Texas as well as properties in Michigan and Alabama, while XTO Energy will pay about $2.5 billion for the operations in the Rocky Mountains, Gulf coast, San Juan basin and Louisiana.
These operations include 3.51 trillion cubic feet equivalent of proven natural gas and oil reserve as of 31 December 2006.
Dominion said proceeds from the widely expected sales are being earmarked for about $3.2 billion to $3.5 billion in debt reduction, with the remainder planned to go to repurchasing common stock.
Dominion also said it now expects 2008 operating earnings of $6 or more per share, Reuters reported.