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.
The company has agreed to the broad terms and conditions of a farm-in on the ATP 732 permit, whereby Avery may earn a 35% working interest in return for spending A$3 million ($2.1 million) on exploration. Avery would be required to access additional capital to meet the financial requirements of the farm-in.
Avery chief executive David Little said: "The Cooper-Eromanga basin is highly prospective. This large permit is not only underexplored, but what little exploration has occurred is several decades old."
Existing 2D seismic shot on the 1 million-plus acre permit is generally sparse. Eight wells have been drilled on ATP 732, which is less than one well per 80,000 acres. Significant hydrocarbon occurrences, primarily light gravity crude oil, lie on trend to most of the permit to the north-east and south-west.
The initial exploration phase of the project is anticipated to start once the Queensland authorities give the official green light.