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.
Land rig contractor Nabors Industries said today it expects continued weakness in pricing in North American markets in the near-term.
"We won't have pricing power in the US and Canada over the short term," Gene Isenberg, the company's chief executive, told investors at the Howard Weil Energy Conference, Reuters reported.
Last week, Nabors said first-quarter earnings would fall well short of Wall Street estimates after weather disrupted its North American rig activity.
Still, Isenberg said he was "pretty optimistic" about his company's outlook as it continues the process of upgrading its fleet of rigs.
Warmer temperatures in Canada forced producers to halt operations there earlier than usual, while ice storms in Texas, Oklahoma and California reduced well-servicing rig hours, Nabors said at the time.
Oilfield services group Halliburton warned in March that its quarterly profit would lag analysts' expectations because of decreased drilling operations in North America.
A warm start to the winter in key consumption areas in North America boosted supplies of natural gas in storage and sparked fears that exploration companies would cut back on drilling in 2007.
However, Schlumberger chief executive Andrew Gould told the same conference a late cold snap in the same areas earlier this year could instead stir demand for natural gas later this year or in early 2008.
"We believe that fundamentals are in place for reinforced natural gas activity later this year or early the next," Gould said.
Gould also said that Schlumberger is seeing "fairly strong growth" across all the company's technologies and repeated his previous forecast for revenue growth in the high teens for the rest of the decade.