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Norway Takes Lead in Race to Build Autonomous Cargo Ships

Business

Category: Shipping & Offshore

The Yara Birkeland, slated for launch late in 2018, will make short trips delivering fertilizer OSLO—Two Norwegian companies are taking the lead in the race to build the world’s first crewless, autonomously operated ship, an advance that could mark a turning point in seaborne trade. Dubbed by shipping executives the “Tesla of the Seas,” the […]

Source: Wall Street Journal

Published: July 22, 2017


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Norway Acts to Boost National Shipping

Business

Category: Government

The Norwegian Government implemented a new salary scheme for seafarers from July 1 which means that companies employing Norwegian seafarers on Norwegian International Ship Register (NIS) vessels will be reimbursed all added salary taxes. Two years ago, the government implemented a new regime for Norwegian cadets, and in combination with the net salary scheme, this […]

Source: Maritime Executive

Published: July 27, 2017


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Statoil to develop Snefrid Nord gas discovery, near Aasta Hansteen field

Business

Category: Energy

Statoil and partners have decided to develop the Snefrid Nord gas discovery near the Aasta Hansteen field in the Norwegian Sea. The discovery, scheduled to come on stream in late 2019, will be tied back to Aasta Hansteen. The authorities therefore today received a supplement to the Plan for Development and Operation (PDO) of the […]

Source: World Oil

Published: July 27, 2017


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Oil and gas industry lags new trend of chief digital officers

Business

Category: Energy

Companies from around the world are starting to establish new executive-level positions, as in “chief digital officers (CDOs),” to navigate the open sea of the digital transformation, according to a recent survey by PricewaterhouseCoopers. There is one notable laggard, however—the oil and gas industry, as indicated by PwC’s findings. The results suggest that of the 2,500 largest […]

Source: World Oil

Published: July 27, 2017


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Amid new CEO, Baker Hughes deal, GE continues progress on digital work

Business

Category: Energy

As new players continue to pour into the oilfield services sector, each fighting for a piece of the Big Data pie, one large player that can’t be missed amid the landscape of digital competitors is General Electric.   Despite the company’s ongoing leadership transition, as Chairman and CEO Jeffery Immelt prepares to hand over the company’s […]

Source: World Oil

Published: July 27, 2017


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