Stoichevski, William

Stoichevski, William

After honing the media campaign of Norwegian green group Bellona (current fuels advisors to the European Commission), William 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. He has written thousands of offshore-focused reports from his North Sea vantage point. Hard-to-match access has granted him interviews with hundreds of industry captains and policy makers across the globe. William lives and works in Oslo. He started writing for Maritime Reporter in 2014.
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Equinor E&P: Testing Frontier Resolve

May 13, 2019

The stately Norwegian operator’s foray into South Australian offshore and Norway’s remote areas is being contested by increasingly successful green groups.A first installment of Norwegian operator Equinor’s plans to drill and develop oil reserves…

Survey Survival in the Balance

May 07, 2019

A seismic survey segment which has seen its fortunes slashed heavily since 2015 and which isn’t expected to recover fully for at least another five years is starting to make waves as it navigates a still bumpy road marked by green shoots.First to feel the pinch when exploration slows…

FSRUs, Floating Power Figure in Gas Markets Revival

Apr 30, 2019

With oil prices pushing toward USD 80 dollar on geo-political strife, there’s the expectation of a concurrent rise in world gas prices and regional liquefied natural gas (LNG) projects, judging by some frenetic dealmaking of late.Few things…

Three IMR Trends

Apr 24, 2019

For years, “maintenance and modifications” were catchwords for nearly everything that wasn’t greenfield activity offshore. Two economic slowdowns later, subsea “M&M” might be seen as inspection, maintenance and repair (IMR), a segment that includes light well intervention…

In Norway, a Jobs Heyday

Apr 23, 2019

It’s official. The North Sea rim is hiring again — in numbers.The independents, the supermajors, Oslo’s national oil champion and the supply chain are hiring 20-something’s looking for “dream jobs”. The oil minnows (super-experienced oil players with skeleton staffs) are also hiring all they need…

Saving Older Rigs a Sign of Hotter Markets

Apr 15, 2019

Rising oil prices are proving the fountain of youth for aging rig fleets, and the resultant surge in rig relevance is stirring financiers to find new ways of hanging on to rig revenues.There’s no better example of the new finance fondness for…

In Norway, Miixed Signs of Offshore Earnings

Apr 09, 2019

A recent industry survey suggests Norway’s offshore fleet, the world’s second-largest, may have passed the worst of the painful, post-2014 slowdown, although ship owners contemplating market moves also say financial markets may be looking away…

MHI Turbine Win Starts Rovuma LNG Surge

Apr 01, 2019

A 10-year build-up of supermajor, offshore-heavyweight and expert onshore hydrocarbon players in Tanzania and Mozambique’s Rovuma Basin is starting to produce a trickle of large supplier orders that’s expected to become a torrent, as liquefied natural gas (LNG) trains line up…

Wintershall Hopes to Free Stuck Norway Reserves

Mar 25, 2019

Plan to double Norwegian fortunes held up by field fix, remedial drilling campaignGerman offshore player Wintershall spent this week affirming plans to spend $2.23 billion offshore Norway toward doubling production, as Continental Europe’s “largest…

Shelf Drilling Stands Tall in Shallow Water

Mar 18, 2019

In a sign that national oil companies aren’t giving up their nation-building efforts anytime soon, the near-shore, jack-up rig market is experiencing a swell of business that’s lifting fortunes and impressing seasoned rig hands.The global number…

BW Offshore: FPSOs and a Big New Oilfield

Mar 11, 2019

When BW Offshore agreed at the weekend to pay Brazilian oil company Petrobras $90 million for 70 percent of the Maromba field offshore Brazil, the company was launching in earnest a strategy to buffer itself from lulls in spending on floating production storage and offloading vessels (FPSO)…

Oil-gas Optimism Reigns, Study Finds

Feb 18, 2019

The worldwide oil and gas industry is “resilient, confident and ready to spend” but is at risk of reverting to overspending, just as an increase in large-project approvals loom.That’s the gist of a new report from Oslo-based, all-in-one classification society…

The “Disruption” in AUV Trends

Feb 15, 2019

Missions—it’s all a question of missions. The mission decides the payload, battery capacity, size and processing power of an autonomous underwater vehicle, or AUV. King among these is payload, from which market disruption is just waiting to happen…

EU Takes Aim at Offshore Pipelines

Feb 11, 2019

Nord Stream 2 — the Gazprom company building a pipeline from Russia to Germany — said Monday it was too early to tell what effects, if any, proposed new EU rules for offshore pipelines might have on their project or those of others aiming to bring gas to Europe…

Seismic Uptick Suggests New Wave of Recovery

Feb 05, 2019

Amid mixed reports on the health of the offshore supply chain, the underreported seismic services segment — a bellwether of eventual market growth or decline — is showing signs that another wave of market recovery is just a year away.Oslo-based…

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