Stoichevski, William

Stoichevski, William

A veteran journalist based in Oslo, William Stoichevski has written thousands of offshore-focused reports from his North Sea vantage point. After honing the media campaign of Norwegian green group Bellona (current fuels advisors to the European Commission), Stoichevski began working for the Associated Press in Oslo. In 2003, he left the AP to oversee and write for a number of print and electronic energy industry publications in the Norwegian capital. Hard-to-match access has granted him interviews with hundreds of industry captains and policy makers across the globe.
• Email: [email protected]

In Norway, Signs of Industry-wide Health

Jan 20, 2020

A range of oil companies and their suppliers saw their market value enrichened Monday for reasons that included oil skipping its usual end-of-month dip in December, as WTI and Brent in 2020 still looking like 2019.With oil stable, even “minor”…

GE Wins Scottish Substation Frame Deal

Jan 16, 2020

A flurry of North Sea and North American offshore substation awards culminated Thursday in a contract award to GE Renewable Energy’s Grid Solutions business from EDF Renewables and ESB for their Neart na Gaoithe offshore wind project.GE said…

Subsea Robots in the Splash Zone

Jan 16, 2020

From their base deep within a former World War II U-boat pen, Norwegian outfit, OceanTech, is developing a set of robot tools that cling to offshore structures in order to effect inspection, maintenance and repair, or IMR. Old submarine anchorages are now subsea testing and training sites…

Zama a Giant Plus for Mexico

Jan 13, 2020

At 670 million barrels of recoverable oil, Mexico’s Zama field would be a nation-building giant in any prolific oil-bearing basin.That reserves estimate — made this week by Netherland, Sewell & Associates for Talos Energy, the Houston-based…

Oil, New Investors Keeping FPSO Market Buoyant

Jan 09, 2020

Rising oil prices are bolstering the numbers of floating production systems on-order or in the planning stage, with fresh orders from Northern Europe and Brazil merely adding to a buoyant market, a new report says.In the doldrums just a few years ago…

Equinor Targets Zero Emissions by 2050

Jan 06, 2020

Norwegian offshore operator Equinor said Monday it will invest 50 billion kroner ($5.67 billion) over 10 years on a path toward reducing company-wide emissions by 40% through to 2030.Using the EU’s 2005, rather the UN’s 1990 as a benchmark year…

New Year’s Lift for Rig Owners

Jan 02, 2020

Norway’s bevy of oilfield supplier had a terrific day on the stock market Thursday, the first day back from holiday riding a buoyant oil price and news Chinese and Norwegian orders for oilfield items was on-again.Drilling contractor Seadrill led the pack…

Comment: Hydrogen—Europe’s Pipe Dream

Dec 30, 2019

Europe — okay, Brussels — is keenly anticipating the day hydrogen begins supplanting the natural as in its pipeline net, as more explosive H could mean energy storage, motive power and, perhaps, heating.It wants more hydrogen from offshore platforms…

In Norway, Balder Signals Party Still On

Dec 26, 2019

Norway at years’ end is marking “50 years of oil” and ushering in decades more oil wealth with the go-ahead of the Balder-Ringhorn life extension project along with dozens of other life-extenders.The North Sea oilfield was the first discovered off Norway in 1967…

Decommissioning Hard to Nail Down

Dec 23, 2019

The North Sea decommissioning picture is murky at best, and its constantly evolving timetable is proving difficult to plan for, judging by the qualifying comments of a number of operators and regulators, of late.While the technology of offshore…

SNC-Lavalin to Pay Over $210 Mln for Libyan Affair

Dec 19, 2019

Canadian offshore contractor, SNC-Lavalin, will pay a CAD 280 million (USD 213 million) fine after pleading guilty to fraud and an influence-peddling charges involving the son of former Libyan leader, Moammar Gadhafi.On Thursday, the Quebec…

From Marginal to Major

Dec 19, 2019

It’s not your typical marginal field — centered on a concrete gravity-based structure (GBS) that once boasted production records — but Draugen in the Norwegian Sea had become “immaterial” to Shell. When it first delivered oil in 1993, Norwegians looked forward to the spoils in 1…

In Norway, Salaries, Investment Move North

Dec 17, 2019

A slew of reports out of Norway over the past month point to rising oil industry salaries (and therefore costs) after two years that saw heavy investments offshore.For the 225,000 Norwegians who work in oil and gas, both hikes are good news…

Comment: Equinor’s New E&P El Dorado

Dec 12, 2019

It’s been quite a month for Equinor — new stakes in European wind; new Gulf of Mexico deepwater acreage; new frame contracts for major suppliers plus an endorsement from the International Energy Agency for its energy mix.Not bad — oh, and an…

Comment: In Romania, the Sun Also Rises

Dec 09, 2019

Depending on who you talk to, the Romanian offshore either has two projects worthy of mention and an aging supplier base, or it’s the most up-and-coming and accessible oil and gas province in all the world.The truth, as usual, is somewhere in the middle…

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