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Norway: Maritime Outlook 2016

The Norwegian Shipowners' Association issued 'Maritime Outlook Report' for 2016 presenting developments in the industry during last year as well as expectations for the current year. The outlook indicates that 2016 will be an extremely difficult year for many segments of the maritime industry. Following five uninterrupted years of growing income, turnover fell in 2015. The prognosis is for this decline to continue into 2016.

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Giant oil field off Norway approved

 The Norwenian Ministry of Petroleum and Energy approved the plan for the development and operation for Johan Sverdrup field in the North Sea as well as the associated plans for installation and operation of pipelines and power supply from shore.The Johan Sverdrup oil field will be developed in several phases. Phase one consists of four bridge-linked platforms, in addition to three subsea water injection templates. The ambition is a recovery rate of 70%, allowing for advanced technology for increased oil recovery (IOR) in future phases. The phase one development has a production capacity in the range of 315,000-380,000 barrels per day. First oil is planned for late 2019.“We are on schedule in the Johan Sverdrup development. The project activities will now be stepped up, and more contracts will be awarded in the autumn. Last week the first piece of the Johan Sverdrup development, the pre-drilling template, was installed on the field in the North Sea.  In addition the construction of the first jacket has started at Kværner Verdal. Contracts worth more than NOK 40 billion have been awarded so far in the development, 75 percent of which have been landed by suppliers with Norwegian invoice addresses,” says Øivind Reinertsen, senior vice ...

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New NOx treatment plant opens in Norway

ECOUREA successfully commenced operations at a brand new state-of-the-art urea blending facility in Bergen. The plant conforms to the latest ISO standard for Marine Urea 40 % ISO 18611-1: 2014. The new hi-Tech manufacturing facility in Bergen has now officially started production of Marine Urea 40% and AdBlue 32.5%. It is a great investment for ECOUREA, the local environment and Scandanavia’s air quality. The facility has been designed to meet the growing demand for Urea for both the Marine industry and for land based and transportation sectors, enabling companies to comply with ever-tightening emissions regulations. Source & Image Credit: ECOUREAIn the starting, I was frank with you propecia before and after has changed my existence. It has become much more fun, and now I have to run. Just as it is incredible to sit.

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