Oil & Gas

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …