In the race to meet climate targets and secure a resilient energy supply, the UK and Norway have emerged as pivotal partners, leveraging their shared North Sea resources to drive innovation and economic growth.
The developers of the major Northern Lights carbon capture and storage (CCS) project in Norway have completed the CO2 receiving and storage facilities.
Plans to open a vast area of the Arctic seabed to mining will cause “irreversible harm” to unique and vulnerable wildlife and habitats, Greenpeace International has warned.
Norwegian oil and gas firm Equinor has completed a project to partly power its Troll B and C platforms in the North Sea from shore, significantly reducing emissions.
Aberdeen-based Wood (LON: WG) has successfully assessed the technical feasibility of three carbon capture and storage (CCS) projects on the Norwegian Continental Shelf.
Norway's role supporting Europe through its energy crisis and cutting emissions in Africa and India was credited to its positive support for its oil and gas industry.
Norway must make more area available for hydrocarbon exploration and scale up the country’s nascent renewable sector in order to protect domestic suppliers of parts and services, according to the head of the country’s second biggest oil and gas company.
Norway’s $1.7 trillion sovereign wealth fund committed to invest €900 million ($1 billion) in Copenhagen Infrastructure Partners’ fifth flagship fund, the first time it will take an indirect stake for its unlisted renewable energy infrastructure portfolio.
Anyone in Scotland looking at Norway’s achievements in the energy technology sector couldn’t help but wonder how another small country of around 5.5 million people has managed to create so many high value, high skill companies.
As the world’s leaders in floating offshore wind, Scotland and Norway are well-positioned to learn from each other to bolster their respective industries.
A strike by Norwegian offshore oil workers has been averted after reaching a deal with employers, the country’s IE&FLT and Safe labour unions have said.
European natural gas prices surged to the highest this year after flows from Norway slumped, highlighting the risk of relying too much on one major supplier.
Oil and gas firms in Norway reached agreement on a new wage deal with offshore unions on Wednesday, averting the risk of strike action later this year.