Talisman Energy Norge says it requires more time to map out its future plans for the Norwegian Yme field after the decision to scrap the platform.
Subsea 7 is to consider giving all Norwegian Continental Shelf employees sickness pay following social dumping criticism. Nevertheless, managing director Stuart Fitzgerald says Norwegian wage levels for everyone will affect the company’s competitiveness.
The average annual Statoil wage was £135,000 in 2012, with chief executive Helge Lund earning £1.55million up 13.5% on 2011.
A major oil find in the Arctic made by Norway's Statoil could contain 350million barrels more than previously thought, it was reported today.