Oil & Gas

The Petroleum Safety Authority (PSA) has given notice of an order to Eni Norge, asking the company to reassess its current plans, priorities, and use of resources for the Goliat …

Norwegian oil companies have scaled back their 2017 investment plans, according to the latest Statistics Norway survey. Economic analysts say that this increases the chances of a central-bank interest-rate cut …

The man overseeing energy policy in western Europe’s biggest oil-producing nation says the worst downturn in the history of Norway’s offshore industry appears to have bottomed out as Opec’s historic …

Western Europe’s biggest crude oil producer is likely to benefit from the deal between OPEC and Russia to cut output. Norway has refused to cut production and expects to see …

Production was shut down due to a fire alarm on Statoil’s Heimdal gas platform in the North Sea on Friday morning, Norwegian press reported. The platform’s fire safety system indicated …

The Norwegian government has declined to meet with Opec and some non-Opec producers in Vienna on 29 October. “Norway has received an invitation, but is not attending the meeting,” the …

A Norwegian-US joint venture firm will carry out a two-dimensional (2D) multi-client seismic survey in offshore areas of Bangladesh from December this year, according to sources concerned A proposal of …

A Norwegian oil company on Saturday revealed that it had received USD $24 million from the Kurdistan Regional Government (KRG). In a statement on its website, the Norwegian oil and …

Today the Ministry of Petroleum and Energy presents the feasibility study report on full-scale carbon capture, transport and storage (CCS) in Norway. – We have chosen a step by step …

Norway’s Statkraft is launching a process to sell its partly built Çetin hydropower plant in Turkey, with the deal expected by the end of this year, the state-owned power producer …

A phase-out of coal has long been on the cards. Now, a study by Norwegian energy giant Statoil has shown that it needs to be done quickly if climate targets …

The Norwegian Petroleum Directorate (NPD) has granted Gullfaks field licence holders consent to begin producing from the Rutil deposit on Gullfaks South. Rutil is a gas-filled structure on Statoil-operated Gullfaks …

Shell’s chief executive officer, Ben van Beurden, says the company is ‘reshaping itself’ with an emphasis on stronger returns and free cash flow in order to create “a world class …

CHC say the decision is based on “customer demand” with the move coming in the wake of the crash in Norway in April that killed a Scottish oil worker OPERATOR …

Norwegian gas accounts for about a quarter of the gas consumption in the EU. New projections show that Norway will be able to supply flexible and reliable gas for many …

In the late 1950s, very few people believed that the Norwegian continental shelf (NCS) might conceal rich oil and gas deposits. However, the discovery of gas at Groningen in the …

The contract will be a joint venture between Hemla Vantage and the Kharg Petrochemical Company, a quasi-privately-owned company, to produce and export liquefied national gas and liquefied petroleum gas by …

Companies come together to develop new hydrogen stations in Norwegian cities. Uno-X Hydrogen AS has announced that it has partnered with Norway’s Praxair, a leading producer of industrial gases, in …

A new facility in Germany for receiving gas exports from Norway was officially inaugurated in Emden on 24 May 2016. A new facility in Germany for receiving gas exports from …

THE largest North Sea-class production platform topsides to be delivered from Sembcorp Marine (SembMarine) in Singapore is ready to sail away for Norwegian oil exploration and development company Det Norske’s …

Norway’s greenhouse gas emissions rose by 1.5 percent last year, lifted by the oil and gas sector and industry, making it harder for Oslo to keep promises of deep cuts …

Lithuania cut its imports from Russia by 63.2% in the first quarter of 2016, year on year, as the new supply contracts with Norway’s Statoil came into effect. Most of …

Norwegian preliminary production figures for April 2016 increased 20,000 barrels a day more then the previous month. Average daily production was approximately 2,029,000 barrels of oil, NGL and condensate, one …

Stian Hasle has been appointed head of Investor Relations in Norsk Hydro  ASA and will, effective June 1, be responsible for Hydro’s contact with investors and financial markets. He will …

Norway awarded on Wednesday 10 new licenses for offshore oil and gas exploration in the Barents Sea, including three in previously untouched waters near the Russian border. The Oil Ministry …