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Business Development Manager
Wärtsilä Norway AS
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.
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Commercial Manager
Thorvik International Consulting AS
Thorvik International Consulting AS provides services for European energy and environment industries, in recruitment, strategy and government affairs work.
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Geoscientist position with Maersk Oil Norway
Maersk Oil
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.
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Business Development Manager SEE
Thorvik International Consulting AS
Thorvik International Consulting AS provides services for European energy and environment industries, in recruitment, strategy and government affairs work.
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Sincor under royalty hike seige
By Upstream staff
Venezuela's foreign-financed Sincor project owes the government around $1 billion in royalties for boosting output above agreed levels, the country's Energy Minister Rafael Ramirez has claimed.
The claims follow a review of revenues from all foreign oil projects operating in the country.
When asked about the hefty sum, Ramirez told Reuters: "That's what we've found. We are not too pleased with what they owe us, we need this money."
Earlier this month, Ramirez said Sincor, which is in partnership with French giant Total with Norway's Statoil and Venezuelan state oil company PDVSA, was illegally pumping about 100,000 barrels per day of oil above the levels agreed in the contract.
Ramirez said Sincor will have to pay 30% royalties on the additional production, according to a hydrocarbons law passed in 2001 after the original Sincor deal was signed. The current royalty is 16.6% for projects in the Orinoco extra heavy oil region.
Total and Statoil have claimed that the government approved the project's production levels.
The increase is the latest move by President Hugo Chavez to increase governement control over the energy sector and hike revenues to fund social reforms.
Local oil sector sources said that while Sincor partners may have received government approval to hike output, they did not get direct permission from the National Assembly.
Sincor's royalty increase came after Chavez's announcement, made in March, that Total would start talks for a second deal to double output.
Tuesday, 31 May, 2005, 19:06 GMT | last updated: Wednesday, 01 June, 2005, 08:21 GMT
