World Expro
World Expro 2007 Issue One
The oil and gas industry is, perhaps more than most, accustomed to mergers and acquisitions, but few past consolidations have had quite the impact that the Statoil nad Norsk Hydro merger could. Essentially it will create another major global force in the energy market with a highly experienced offshore capability primed to tackle the difficult locations where much of our future oil reserves will probably be located in future.
The merger raises questions about further mergers and acquisitions activity. Is this the start of another raft of market consolidations designed to shore up the future of the industry and mitigate risk? In this edition of World Expro, we find out the answer from Statoil's CEO Helge Lund. And we examine the merger in detail with Hydro president and CEO, Eivind Reiten.
Expansion PlanThere are some exciting new pipe and joint expansion technologies that will ease the creating and sustaining of wells.
Our Future in the BalanceThe task of balancing conflicting global economic and environmental pressures is going to be a huge challenge.
Hot Topic: A European Perspective on Climate ChangeThe EU is a significant producer of the CO2 emissions causing global warming.
Cold Comfort in 2007The oil market was volatile and uncertain in 2006, says Lawrence Eagles, of the International Energy Agency.
New Force in the FieldThese are challenging times for the oil and gas industry. In response, Statoil and Norsk Hydro will form a new company.
No Let Up in Exploration and ProductionWith global economic growth and demand for oil and gas showing no signs of slackening.
On Song in NorwayThe merger between Norway's Statoil and Hydro promises to create the world's largest offshore operator.
Russian Revolution: Examining Sakhalin IIThe bad publicity surrounding the environmental impact of Sakhalin II has obscured its transparency and scale.
Tieback TimeSubsea tiebacks connecting new discoveries to existing facilities can extend the life of production infrastructure.
Vital SupportMajor oil and gas operations would scarcely get off the ground without a strong network of logistics professionals.
Copyright 2008 SPG Media Limited a subsidiary of SPG Media Group PLC
