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.

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…

New 'Rig Baby' Takes Shape

Dec 05, 2019

Norwegian rig and shipping magnate John Fredriksen is pooling harsh environment rig assets and putting his money into new venture, Northern Ocean Ltd., now a business of Seadrill subsidiary, Northern Drilling.Fredriksen’s investment vehicle…

Offshore Wind Finance Blows into Oil and Gas

Dec 02, 2019

The years-old trend that has seen offshore suppliers vie for work in wind by leveraging their offshore oil and gas credentials and development finance is being countered these days by wind players in search of oil and gas jobs, judging by some recent fleet owner moves…

Spike in Floater Orders, as Demands Ease

Nov 28, 2019

For a range of reasons not all related to costs, offshore operators have stated their preference for floating production with a recent slew of orders, a report by dedicated floating production watchers said this week.The world’s floating production…

November: Month of Wind and Climate

Nov 26, 2019

You might remember the Paris Climate Agreement entered into force in November 2016, and each country’s “green transition” experts on November 25, 2019, began preparing for the UN Climate Change Conference on December 2, 2019.Solar powerhouse…

Oil Price Adds to Drill Mix

Nov 21, 2019

With the oil price tracking a course that’s keeping nearly every oilfield viable, operators in the second half of 2019 are drilling a bevy of exploration and production wells that’s just lifting rig futures.Paradoxically, oil companies drill…

Angola Lifting All Boats

Nov 19, 2019

Suppliers of drilling and subsea services and equipment may already be feeling the partial lift offered by West African nation Angola clearing offshore investment bottlenecks.On Monday, Bergen-based subsea cable layer, Oceanteam, announced its vessel…

Digitization as Life Extension

Nov 18, 2019

Operators are on digitization journeys linked to life extension projects that aim to make the most of older infrastructure. Proposed tiebacks at ConocoPhillips’ Tor II and on Aker BP’s Ivar Aasen projects look set to reveal a special benefit to “freeing data”…

Bit Effects off Norway

Nov 12, 2019

It’s been quite a week offshore Norway, with Equinor notching a commercial-looking find and ConocoPhillips finding oil and gas, as drill bits turn and investments get the nod.While OE Digital reported Equinor’s find, ConocoPhillips’ discovery…

Five-year Floater Forecast Buoyant: Report

Nov 05, 2019

Orders for floating production vessels, their variants and, by default, a lot of “EPCI” are expected to be higher over the next four years than believed at the end of 2018, says an analysis of business drivers done in November by numbers cruncher…

Comment: Never a Dull Day

Oct 29, 2019

What do Colombia and Norway have in common? They both led the world in hydrocarbon discoveries in the third quarter of 2019.That GlobalData finding signals but one of many currents shaping an oil-and-gas industry that’s vital to keeping the largest nations on earth clothed…

Noreco Signals Danish Revival

Oct 21, 2019

A temporary tax incentive regime, low oilfield breakeven pricing and a chance to profit on modifications alone rather than via drill bit appear to be factors lifting prospects and getting banks behind a stalled Danish offshore revival.On Monday…

A Fire in the Battery Room

Oct 15, 2019

A fire in the battery room of a passenger ferry this week has given Norwegian offshore safety officials — and firemen — a taste of the dreaded toxic, hard-to-control chemical explosions and fumes that marine energy storage was feared to have been theoretically capable of creating…

In Norway, Cost Overruns Are Good Times

Oct 08, 2019

Order delays, cancellations and decision-gate debates have been hampering Norwegian oilfield owners grappling with a vastly weakened currency and projects — like the not-on-time and not-on-budget, Martin Linge — that have burst budgets.While several fields have been made scaled back (Bauge…

Climate Stakes for Suppliers

Oct 03, 2019

After a week that saw Norway announce a record number of oilfields in operation and support for the UN Climate Change Committee’s new report, there’s a paradoxical window of opportunity for offshore suppliers offering increments of “green” savings…

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Eni Buys Exmar's Tango FLNG for Use in the Congo

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Russia Ups Stakes in Sakhalin Energy Standoff in Sanctions Retaliation

SBM Orders Seventh Fast4Ward Hull

SBM Orders Seventh Fast4Ward Hull

Equinor Makes Move on Rosebank

Equinor Makes Move on Rosebank

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