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.
Swedish explorer Lundin Petroleum said it expects to book a net profit of Skr1.3 billion ($170 million) this year.
The company estimated that its earnings before interest tax and depreciation would come in at Skr3.5 billion this year, with operating cashflow reaching Skr2.3 billion.
Lundin said its 2006 estimates were based on an average spot Brent price assumption of $55 per barrel and average production of 36,000 barrels of oil equivalent per day.
Lundin president Ashley Heppenstall said: "The improvements in financial performance will continue into 2007 with production forecast to increase to over 50,000 boepd from our development projects in Norway and Tunisia."
The company also said that it has decided to write off all of the costs related to Nigerian OML 113 exploration/appraisal in its 2005 financial statements.
Lundin and its partners in Nigeria will decide later in the year whether to drill another delineation well to further appraise the Aje field, off Nigeria.