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.
Venezuela will impose a 30% royalty on production from its Sincor heavy oil project, according to Energy Minister Rafael Ramirez.
The project, which partners state oil firm PDVSA with France's Total and Norway's Statoil, produces 210,000 barrels of oil per day, surpassing the authorised 114,000 bopd output in heavy crude upgrading.
The current royalty is 16.6% for heavy crude projects in the country's Orinoco oil belt. "We will start by charging this association a royalty of 30% for every barrel in excess of the authorised 114,000 barrels per day. We are preparing to do that," Ramirez said.
The increase is the latest move in a campaign by President Hugo Chavez to gain more control over the energy sector and increase revenues to fund social reforms.
In March Chavez said the Sincor project would double its output this year. He also said he had tentatively approved a second heavy oil deal with Total, Reuters reported.
The four Orinoco projects produce around 617,000 bopd of crude. A Sincor spokesman could not immediately be reached for comment.