Oil & Gas

Finland’s Gasum halted all liquefied gas purchases from Russia on July 26, as it previously announced, replacing it with Norwegian gas, the company said in a press release. Sanctions issued …

President of the EU Commission Ursula von der Leyen and NATO Secretary General Jens Stoltenberg visited the Troll A natural gas platform in Norway and called for increasing joint efforts …

The price of gas in Europe will remain high in the coming years after the reduction of supplies from Russia, the head of Norway’s company Equinor Anders Opedal said, RIA …

Norway said on Thursday that sky-high gas prices were not in its interest and it would work with the EU to steady the market, although Europe’s biggest supplier of piped …

At an industrial yard in southwestern Norway, decommissioned oil platforms are slowly being dismantled for a second life in the circular economy. Three gigantic disused platforms stand on the docks …

Norway plans to maintain its current high gas production level until the end of the decade as Europe plans to ditch Russian imports over Moscow’s invasion of Ukraine, its energy …

The Norwegian government is proposing to revise the special petroleum tax system as of 2022, replacing the rules on depreciation and uplift with immediate investment expensing (cash-flow tax). The government …

Poland’s oil and gas giant PGNiG obtained four production licences on the Norwegian continental shelf, while Poland’s second biggest fuel company Lotos gained three during the annual licensing round held …

Solstad has secured work for three of its platform supply vessels (PSVs) in a tough market for support services. When combined, the contracts’ firm periods represent work for more than …

Italian energy player Edison has sold its wholly-owned Norwegian subsidiary Edison Norge, the company that controls the group’s hydrocarbon exploration and production activities in Norway, to Sval Energi. Edison said …

The Norwegian company DNV GL, which was supposed to certify the Nord Stream 2 gas pipeline upon completion of its construction, refused to provide this service after new US sanctions on the …

Two new LNG tankers, chartered from the Norwegian firm Knutsen OAS Shipping, will transport liquefied natural gas contracted by Polish Oil and Gas Company (PGNiG) from the US to Poland. …

Norwegian oil and gas operator DNO has said the Peshkabir Gas Capture and Injection Project in its Tawke license in the Kurdistan region of Iraq is onstream and has reached …

Norway is planning to expand oil drilling in previously untouched areas of the Arctic, a move campaigners say threatens the fragile ecosystem and could spark a military standoff with Russia. …

OMV is the process of concluding the drilling of an appraisal well on the Hades gas/condensate discovery in the Norwegian Sea as part of its efforts to delineate the discovery …

Today, by royal decree, the areas “Utsira Nord” and “Sørlige Nordsjø II” are opened for offshore renewables, including offshore wind power. This means it will be possible to submit license …

The decommissioning of Norway’s shut down research reactors at Halden and Kjeller will cost around NOK20 billion (USD1.96 billion) and take 20-25 years, according to a report commissioned by the …

Norway’s Minister for Transport Knut Arild Hareide has celebrated on Wednesday the completion of a long-awaited construction project by cutting the ceremonial ribbon via videoconference. Speaking from his office in Oslo over …

It was March 27th, 1980. The Alexander Kielland offshore accommodation unit was linked to the Edda platform in the Ekofisk area of the North Sea, offshore Norway. Workers aboard were …

DNO ASA, the Norwegian oil and gas operator, today announced a 30 per cent or $300 million reduction in its 2020 budget to shore up its balance sheet in the …

The global pandemic, coronavirus (Covid-19), will lead to an 11% decline in jet fuel demand in 2020 hitting this sector the hardest with the real possibility of suspended flights in …

US officials accused the Rosneft subsidiary of propping up the Venezuelan oil sector and engaging in “tricks” and ship-to-ship transfers to actively evade American sanctions. “I think this is a …

Politicians and environmental groups in growing numbers are calling for a shut down of oil production in Norway, western Europe’s biggest producer. “We’re one of two European countries that have …

The Norwegian State’s net cash flow from the petroleum industry in 2020 is estimated to about NOK 245 billion. The fields on the Norwegian continental shelf cover around two per …

Audit must be run independently from NOPSEMA Audit must consult with stakeholders Equinor refuses to consult with Audit must consult with experts who compared Equinor’s overconfidence to BP’s The Chief …