The Ministry of Petroleum and Energy will soon send a proposal on hearing to open the area of Utsira Nord outside the coast of Rogaland for applications on floating offshore …
Oil & Gas
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The Norwegian Ministry of Petroleum and Energy announces this year’s licensing round in mature areas on the Norwegian continental shelf – Awards in Predefined Areas (APA) 2019. – I am …
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The United States will not grant any more waivers to any countries that would allow them to buy Iranian oil without facing U.S. sanctions, a senior U.S. diplomat said on …
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The Trump administration said Monday that it will no longer exempt any countries from U.S. sanctions if they continue to buy Iranian oil, stepping up pressure on Iran in a …
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Oil & Gas
Equinor proves public feedback process was sham, and lodges Bight oil drilling plan despite promises
Equinor takes just 13 comments into account out of 30,000 submissions on its draft plan Equinor lodges Environment Plan today to avoid government-regulated feedback process Over 10,000 protest across Australia …
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The Norwegian government has recommended that the country’s US$1 trillion wealth fund sell its holdings in a group of companies that focus on finding and producing oil and gas. The …
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Once completed in 2022, a gas link between Poland and Norway will hinder Russia’s Gazprom monopoly on gas supplies, putting an end to a phenomenon that has lasted for several …
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Norwegian oil and gas firm Equinor plans to drill more exploration wells internationally and more onshore wells in 2019 compared to this year, the company’s head of exploration said on …
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The State’s net cash flow from the petroleum industry in 2019 is estimated to about NOK 286 billion. – The petroleum sector is Norway’s biggest industry and our most important …
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Equinor has reduced the estimated investments for operated projects in the development phase on the Norwegian continental shelf by some NOK 30 billion ($3.6 billion) since the development plans were …
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Norway’s largest and longest pipeline, laid by the vessel Saipem Castorone, reached the Johan Sverdrup field in the North Sea. Late last week the last pipe of what is now …
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Leading Norwegian oil and gas operator DNO continues to ramped up its activity in the Kurdistan region of Iraq, where fast track development of the Peshkabir field is expected to …
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The operations to install Norway’s largest pipeline to the Johan Sverdrup field started outside Mongstad, north of Bergen, late last week onboard the vessel Saipem Castorone. Soon the tip of …
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Norwegian company Vard are planning to build in Romania the hull of the ‘world’s best ship’, which will cost of EUR 170 million to make. The cable laying ship, designed …
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Norwegian energy company DNO, which has focused on Iraq, said it paid nearly $100 million to take a stake in a petroleum company working in the North Sea. DNO stated …
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The Valhall field is in the southern part of the Norwegian North Sea, and has been the subject of several further development projects previously. VFW represents a further development of …
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A group of 79 Norwegian owners filed a civil complaint in Norway over Tesla’s horsepower claim for the Model SP85D. Tesla marketing materials claim the dual-motor Model S has 691 …
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Norway’s IKM Cleandrill company is interested to work in Azerbaijan, as it sees the country is a strong market with ongoing offshore drilling activities, the company’s Managing Director Tom Hasler …
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Statoil and Argentina’s leading energy company YPF have entered into an agreement to jointly explore hydrocarbons in the Bajo del Toro block in the Neuquén Basin onshore Argentina, the Norwegian …
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Norway’s government has won the latest battle in a long-running row over tariffs for transporting gas through offshore pipelines. The country’s Borgarting Court of Appeals ruled in favour of the …
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Norwegian DNO oil and gas operator announced on Thursday that the company expanded investments in the oil sector in the Kurdistan Region. The Norwegian company in a statement on its …
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MEPs have rejected a proposal saying that the EU should work for a total ban on oil drilling in the Arctic. The proposal was part of the European Parliament’s report …
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The Norwegian Petroleum Directorate (NPD) has granted permission to expand the capacity at Nyhamna gas facility in Møre og Romsdal County. The consent from the NPD will enable Ormen Lange …
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ABB has signed a project specific agreement for the safety and automation system with Statoil for the Johan Castberg offshore oil field development. Statoil has issued the first call-off from …
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Kuwait Foreign Petroleum Company (Kufpec) on December 21 completed its purchase of upstream interests offshore Norway in the Greater Sleipner Area from Total for a consideration of $300mn with effect …