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NEWS |
Energean To Sell Edison E&P UK, Norway Assets For USD280 Million
Energean Oil & Gas PLC said Monday it has agreed to sell Edison Exploration & Production SpA's UK and Norwegian assets to Neptune Energy Group Holdings Ltd for USD280 million in total.
NEWS |
Investing in Hywind Tampen development
Equinor and the Snorre and Gullfaks partners have made a final investment decision for the Hywind Tampen offshore wind farm development. Today, two updated plans for development and operation will be (...)
NEWS |
Cost changes in projects on the Norwegian continental shelf
Equinor is the operator for 21 projects in the implementation phase, with a total investment of around 210 billion kroner. 20 of these are on the Norwegian shelf or at Norwegian onshore facilities.
NEWS |
Norway greenlights Valhall facility startup
The Norwegian Petroleum Directorate has granted consent to start up the Valhall West Flank facility in the North Sea. Start-up will take place this autumn. The reserves are estimated at 60 MMboe. The (...)
NEWS |
BHGE and Ocean Installer Awarded Balder X Subsea Contract by Vår Energicc
Baker Hughes, a GE company and Ocean Installer AS announced today that Vår Energi AS has awarded BHGE and Norwegian subsea contractor Ocean Installer a subsea contract for the engineering, procurement (...)
NEWS |
ExxonMobil to sell Norwegian upstream assets to Vår Energi for £3.6bn
US oil and gas giant ExxonMobil has agreed to offload its non-operated upstream assets in Norway, comprising more than 20 producing fields, to Vår Energi for $4.5bn (£3.65bn).
NEWS |
Sonardyne instruments chosen by A/S Norske Shell for long-term reservoir monitoring
A/S Norske Shell is launching a 10-year seabed subsidence monitoring campaign at its Ormen Lange field in the Norwegian Sea, using long-endurance sensors from subsea monitoring specialist Sonardyne In (...)
NEWS |
Norway sees Sovereign Wealth Pension Fund boom
The Bank of Norway has announced that their sovereign wealth fund has returned 256 billion kroner (£30.4bn) in the second quarter of this year, despite the volatility of the world market.
NEWS |
Gas discovery in the Norwegian Sea
Equinor and its partners AkerBP and Wellesley Petroleum have found gas in the Ørn exploration well south-west of the Marulk field in the Norwegian Sea. Recoverable resources are estimated at 8–14 mill (...)
NEWS |
Utgard field on stream
On 16 September, Equinor and its partners started production from the Utgard gas and condensate field, spanning the Norwegian-UK border in the North Sea.
NEWS |
North Sea Assets to Run 34 Years Longer than Presumed
The Norwegian Petroleum Directorate (NPD) revealed Thursday that it has granted Equinor consent to use the facilities on the Tordis and Vigdis fields until December 31, 2036, and December 31, 2040, re (...)
NEWS |
Norway's Equinor sells two new crude grades from North Sea fields
Norway’s Equinor has started selling crude from two new oilfields in the North Sea, one in British waters and the other in Norwegian territory, with combined production expected to reach nearly half a (...)
NEWS |
Snefrid Nord on stream
On 1 September Equinor and its partners started production from the Snefrid Nord gas field, the first discovery tied back to the Norwegian Sea Aasta Hansteen field. It also sets a new depth record on (...)
NEWS |
Ten companies selected for Equinor’s Techstars Energy Accelerator 2019
Equinor today announced the second class of global start-up companies selected to participate in the Techstars Energy Accelerator. Three Norwegian companies participate in the programme.
NEWS |
Equinor secures drilling permit for well 32/4-2 in production licence 921
The Norwegian Petroleum Directorate has granted Equinor Energy AS a drilling permit for well 32/4-2, cf. Section 15 of the Resource Management Regulations.
NEWS |
Aker BP drills dry well northeast of Norne field in Norwegian Sea
Aker BP ASA, operator of production licence 762, has concluded the drilling of wildcat well 6608/6-1.
NEWS |
Well Conveyor Announces Investments from Chevron Technology Ventures, ProVenture and Investinor
Well Conveyor AS, a Norwegian downhole technology company, has received equity investment from Chevron Technology Ventures (CTV), a division of Chevron U.S.A. Inc. Combined with additional investments (...)
NEWS |
Selected high-end diesel car model sales down 95% in Norway as EVs gain momentum
Sales of certain diesel models are in free-fall as Norwegians turn to Tesla and other makers of premium electric vehicles (EV), Rystad Energy finds.
NEWS |
Offshore safety body looks at West Mira rig ahead of AoC award
Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), has found irregularities during two audits of the West Mira drilling rig.
NEWS |
Oil discovery at the Goddo prospect, on the Utsira High, Norwegian North Sea
Lundin Petroleum AB (Lundin Petroleum) announces that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has made an oil discovery at exploration well 16/5-8s, targeting the Goddo prospect i (...)
NEWS |
Wintershall commences production drilling on the Dvalin Field in Norway
Wintershall Dea has begun drilling four production wells on the Dvalin gas field in the Norwegian Sea, getting ready for the start of production in 2020.
NEWS |
Norway's Trillion Dollar Fund Isn't Ditching Oil After All
Norway’s US$1-trillion fund - the world’s biggest sovereign wealth fund - sent shockwaves through global markets nearly two years ago when it said in November 2017 that it recommended the removal of o (...)
NEWS |
Aker BP secures drilling permit for well 30/12-2 in production licence 986
The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for well 30/12-2, cf. Section 15 of the Resource Management Regulations.
NEWS |
Equinor enters Argentina's wind-power market
Norwegian oil and gas company Equinor, has entered the Argentine wind-power market by acquiring a 50% stake in a the 120MW Cañadón León wind farm project, which is owned and being built by local power (...)
NEWS |
Oil & Gas Norway
Western Europe’s largest oil and gas producer, Norway, celebrates 50 years as a petroleum producer this year.
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