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.
Australian junior Otto Energy said its farm-in partner Canadian player Vital Resources has arranged $5 million in financing which will be used to develop the Calauit oilfield, in the Philippines.
Vital's agreement with PetroNext Energy Development Fund is subject to final documentation with PetroNext, Otto said.
Vital agreed to a farm-in to Otto's three licences off the Philippines - SC 50, in the north-west Palawan basin, which holds Calauit,, SC 51 in the Visayas basin and SC 55, an ultra deep-water block in the south-west Palawan basin.
The Canadian outfit will earn a 35% stake in Calauit by paying for 60% of the estimated $20 million it will cost to get the field on stream.
Calauit holds an estimated 39.4 million barrels of oil in place, of which 6.44 million barrels are believed to be recoverable.