The $20billion contest to join the ranks of Norway’s oil elite
The race is on to become Norway’s biggest non-state oil company.
The race is on to become Norway’s biggest non-state oil company.
Aberdeen-headquartered Faroe Petroleum has been granted permission to drill an exploration well at the Rungne prospect.
After supplying Europe’s biggest economy with natural gas for more than four decades, Norway is preparing to defend its share as the world’s biggest producers all vie for a larger slice of the $21 billion market.
Norway’s longest oil pipeline has now been installed at the huge Johan Sverdrup field in the North Sea.
Equinor has been granted consent to start-up its massive Aasta Hansteen gas field by the Norwegian Petroleum Directorate (NPD).
Norwegian Petroleum and Energy Minister Terje Soviknes, an ardent supporter of expanding oil drilling in the Arctic and to protected areas such as Lofoten, is leaving the Cabinet amid a broader reshuffle by Prime Minister Erna Solberg.
The “risky situation” of Sikorsky S-92 helicopters dominating oil and gas travel in Norway is not sustainable, according to an industry expert.
Norway’s $1 trillion sovereign wealth fund is meeting resistance on its plan to dump more than $40 billion in oil and gas stocks.
Right before Norway’s biggest oil project in decades got the go-ahead in 2015, crude prices fell off a cliff. That turned out to be perfect timing.
Equinor has joined forces with other leading firms in Norway to establish a “national powerhouse” for artificial intelligence.
Norwegian drilling workers have ended their strike action after a deal was reached with employers.
Equinor has been granted drilling permits for three wells in the Norwegian North Sea.
A Norwegian oil and gas union is stepping up a six-day strike today after employers did not respond to demands, according to Reuters.
Equinor has released a video of the huge topsides for the Martin Linge field heading for the North Sea.
Lloyds Register (LR) has started work on a test project to help deliver major cost reductions on AkerBP’s Skarv floating production, storage and offloading vessel (FPSO).
Equinor has been announced as the biggest winner in Norway’s 24th offshore licensing round.
The development plan for Equinor’s huge Johan Castberg field has been granted approval by Norway’s Ministry of Petroleum and Energy.
Shell has been granted consent to drill an exploration well in the Norwegian section of the North Sea.
The offshore installation campaign for the Dvalin gas field in the Norwegian Sea has got underway.
Cyprus-headquartered Prosafe has submitted a counter-appeal in a £31million legal spat with Westcon.
Subsea 7 has won an inspection maintenance and repair contract with Statoil for 560 subsea wells in Norway.
Technology giant ABB has received an £18million contract to provide automation and safety systems for Statoil’s Johan Castberg development.
Installation work has started for Norway’s largest pipeline to the Johan Sverdrup field.
Energy giant Statoil has released images of work being carried out on three major projects set for the Norwegian Sea.
Baker Hughes, a GE Company (BHGE), has won a contract with Statoil to provide turbomachinery equipment for the Johan Castberg development.