Word: projectable
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...with Statoil, its beefier Norwegian rival, creating the world's largest offshore energy operator. Five days later, Reiten hosted his country's King and Queen in Nyhamna, a third of the way up Norway's west coast, at the official launch of a record-breaking gas-production and -processing project forged by Hydro to harness gas from 75 miles (120 km) away under the Norwegian...
...negotiating as two separate firms, the combined company reached a deal in late October with Gazprom, Russia's state-owned energy company, to help it develop Shtokman, a vast gas field in the Barents Sea. StatoilHydro secured a 24% share of a specially created company that will own the project's infrastructure. French rival Total earlier this year secured a similar stake...
...below the surface. In a couple of hours, extracted gas reaches the Nyhamna plant, where it's processed and sent to Britain via the world's longest underwater pipeline (it's a trip that can take as little as two days). In full swing, the $9.2 billion project will pump up to one-fifth of Britain's gas. More than that, though, StatoilHydro's technological muscle on show at Ormen Lange can give it an advantage when bidding for projects in places like the Arctic, says Kjetil Bakken, an analyst at investment bank Fondsfinans in Oslo...
...Project Runway Bravo; Wednesdays...
...switch over to another firm’. Just like that. That’s what drove me to be on the owner’s side.” Money talks, as the class of 1967 discovered (see sidebar), and for most careers, whoever controls the money controls the project to be accomplished. Chen connects the contract he just signed last week for Morgan Stanley’s real estate division with no feeling of duty but to his eventual dream to make buildings. “I see my two years at Morgan Stanley as a training ground...