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 …
Oil & Gas
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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. …
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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 …
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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. …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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Oil & Gas
Chief scientist’s audit of Equinor Bight oil drilling can’t start until company finalises plan
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 …