The Danish Parliament’s Finance Committee approved the final implementation of the investment agreement between the Danish State, DONG Energy, Goldman Sachs, Arbejdsmarkedets Tillægspension, PFA as well as existing minority stakeholders. “I would like to welcome the new investors and am delighted that the company will have the finances to realise its ambitious strategy,” says Fritz […]
The Parliament of the Republic of Ghana has ratified the Petroleum Agreement among the Government of Ghana, Ghana National Petroleum Corporation (GNPC), GNPC Exploration and Production Company Limited (Explorco) and AGM Petroleum Ghana Limited (AGM), to explore and operate the South Deepwater Tano Block (SDWT), offshore Ghana. AGM is owned by a Consortium comprising Minexco […]
January 27, 2014 | Posted in
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Today, after almost two years of negotiations the European Parliament has taken positive steps in the vote on the European Maritime and Fisheries Fund (EMFF). Members of Parliament wisely rejected subsidies for new boats, which could have disastrous effects on the marine environment, doubled funding for data and control, and reassuringly stood strong on issues […]
October 23, 2013 | Posted in
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The development of the Åsgard subsea gas compression was approved in the Storting (Norwegian parliament) on 27 March 2012. This signals the start for implementation of one of Statoil’s most demanding technology projects aimed at improving recovery. Åsgard subsea gas compression will increase recovery from Mikkel and Midgard by around 280 million barrels of oil […]
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