Kistos (Holdings) plc said that the upgraded Jotun floating production storage and offloading vessel is undergoing tests ahead of installation in the Balder area in the Norwegian central North Sea. PROLIFIC The FPSO will be towed from the quayside at Worley Rosenberg yard in Stavanger to Åmøyfjorden for inshore sea trials and anchor installation work […]
Tag: Balder X – Balder Future and Ringhorne phase IV
Kistos turns from ‘difficult’ UK to Norway
Kistos Holdings plc plans to expand into the Norwegian Continental Shelf with a conditional agreement to acquire Mime Petroleum A.S. BALDER – RINGHORNE Executive chairman Andrew Austin said that commodity price volatility and fiscal uncertainty had made it difficult to agree deals in the UK and the Netherlands. “I expect Mime to be a platform […]