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Statoil launches new subsea concept

During the Barents Sea Conference in Hammerfest today, Statoil presented a new subsea concept that is designed to reduce cost and increase efficiency. This concept is called Cap-X.

Cap-X was today presented by Margareth Øvrum, Statoils’, Vice President for Technology, Projects and Drilling.

"Once again we aim to drive subsea technology development on the Norwegian continental shelf together with our industry partners. The potential for increased efficiency and reduced costs can make this the next standard within subsea templates," says Margareth Øvrum.

"With Cap-X, Statoil is one step closer to a “plug and play” solution on the seabed."

This technology increases the efficiency of horizontal drilling in shallow reservoirs.

To read the full article, go here.


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LNG-powered vessel first for Australia

Woodside today signed a five-year charter contract with Norwegian company Siem Offshore Australia Pty Ltd.

This agreement delivers Australia its first LNG-powered (Liquified Natural Gas) marine support vessel in 2017.

Woodside is Australia’s most experienced LNG operator and largest independent oil and gas company.

The company is currently working towards a greener future by reducing vessel greenhouse gas and pollutant emissions among other areas.

Visit the Woodside website to view the full media press release.


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Norwegian shipping company Siem Offshore is coming to Australia!

Siem Offshore has been awarded a contract through their wholly owned subsidiary Siem Offshore Australia for the Anchor Handling Tug Supply (AHTS) vessel “Siem Topas” of Woodside Energy, according to a statement on Friday.

- This is a very good day for us. It is a tough market and we are not ensuring eighteen months of work every day, says Siem Offshore CEO Idar Hillersøy to

The vessel will operate in Australia, and the contract is expected to begin in May 2016. The duration is 18 months plus options, the statement said.

Siem Offshore has five AHTS vessels and two supply ships laid up at the buoys, according to Sysla.

Read the article here.

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Launching the first ever Norwegian Australian Chamber of Commerce in Sydney

March 31, 2015

On the 31st of March, 30 CEO's from some of Norways most reputable companies with a presence in Australia met at Baker & McKenzie offices to consult on their needs and wants for a Norwegian Australian Chamber of Commerce. The group agreed around a desire for few and high-level events, with a focus on member promotion.

The founding board membersincluded; Sophia Demetriades Toftdahl (President), Danielle Mathiesen (Events), Sarah Chopping (Treasurer), and Ulf Varding (Memberships). The volunteer board laid out a strategic plan to reach membership numbers of 50 companies and 50 individuals by 2017. Their strategy to reach these numbers include hosting business networking events, collaborating with the Norwegian Embassy and including members and prospect members in cultural social events and online communities.

The annual event plan includes 2 sponsored board room breakfasts, 17. May national day event, Scandinavian film festival, Annual General Meeting, 4 Euromix events, Cruise for the Europeans, The Norwegian Embassy's Annual Business Seminar, and Christmas drinks.

"We are grateful that someone is finally starting a Chamber for the Norwegian companies in Australia", says Andrew McKean and Andrew Leighton from  Norske Skog.

"We are please to see such a positive response forn the Norwegian business community, especially considering we lost our culture house in Balgowlah late last year", says founding president Sophia Demetriades Toftdahl.

Attendees included representatives from;  Wilh. Wilhelpmsen Investment, DNV Global, Norske Skog, Scandi Media, The Norwegian Consulate, Imatis and Vision Stream, Interrock, Deloitte, Lighthouse8, Q-Free, SBS Norwegian, Switzer, Baker & McKenzie, Alfa Laval, and Dream Internship. Many additional companies were interested but not able to attend, and the Chamber is positive the interest will increase over time.

Sponsor: Baker and McKenzie

Speaker: James Halliday, Partner Baker and McKenzie


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Welcome to our Blog

Welcome to Norwegian Australian Chamber of Commerce!

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