Ambassador eyes offshore wind team-ups between UK and Norway
Just as oil and gas has borne decades of partnerships between the UK and Norway, Britain's ambassador wants to see similar team-ups as offshore wind booms.
norway
Norway has strategic value to Europe beyond oil and gas
In September 2014 and in the face of mounting uncertainty over Russian gas supplies continuing to be available because of the then conflict over Ukraine, then European Energy Commissioner, Guenther Oettinger, suggested that Norway could play a fundamental role in shoring up EU energy supplies then and into the future.
Back after four years, trust the ONS conference to go the extra mile
“Trust” is the theme of this year’s ONS conference, Stavanger’s biennial mecca for the offshore energy industry.
From little acorns: ScotWind, Norway, and a Scottish sovereign wealth fund
The Norwegian sovereign wealth fund; the envy of governments the world over.
Refining drives doubling of TotalEnergies’ second quarter income
TotalEnergies has reported net income of $5.69 billion, up more than two and a half times from the first quarter, driven largely by its downstream and chemicals operations.
Neptune Energy gets after Ofelia exploration prize
Neptune Energy has kicked off drilling on the Ofelia exploration well in the North Sea.
Equinor deploys huge profits to mount $6 billion share buyback scheme
Equinor (OSE, NYSE: EQNR) the majority state-owned Norwegian oil firm, has unveiled a whopping set of profits and upped its share buyback plan to $6 billion for 2022.
Var Energi to pay out $1bn in dividends in 2022
Norwegian exploration and production firm Var Energi (OSLO: VAR) expects to dish out a minimum of $1 billion in dividends this year.
ConocoPhillips gets approval for £1bn UK-Norway North Sea project
ConocoPhillips (NYSE: COP) has received approval from UK and Norwegian authorities for a £1 billion cross-border field in the North Sea.
Neptune Energy picks TechnipFMC to carry out technical services
North Sea operator Neptune Energy has handed a contract to TechnipFMC to carry out work in Norway.
European gas rally shows no signs of easing on supply concerns
European natural gas prices rose to the highest level in almost four months on persistent supply concerns amid the worst energy crunch in decades.
Safety watchdog investigating fire at Equinor operated oil refinery
Norway’s oil and gas safety watchdog has launched an investigation into a fire at an Equinor-operated refinery over the weekend.
VIDEO: Aibel takes receipt of first topside for huge Dogger Bank wind farm
Aibel has shared footage of the first offshore platform for the Dogger Bank wind farm arriving at its Haugesund yard.
Norway well slot – Five exploration wells spudded with varying success
As of 23 June, Westwood Global Energy reports that there are four exploration wells active, two in the Northern North Sea and two in the Norwegian Sea. Since the last report, five exploration well programs have completed, with three of the wells being successful. The Slagugle appraisal well was P&A in April, with no results released until May when it was reported as a dry well.
EU to import more gas from Norway as Russia cuts its flows
The European Union reached an agreement with Norway to source more natural gas from the Nordic nation as the bloc tries to lower surging prices and boost security of supplies after Russia, its biggest provider, cut flows to almost half of member states.
Aker BP, Lundin merger expected to complete on June 30
A planned takeover of Lundin Energy’s exploration and production business by Aker BP is forecast to complete at the end of the month.
Hundreds of Norway offshore oil workers threaten strikes
Around 11% of the 7,500 offshore oil and gas workers in Norway are threatening strikes if mediation talks fail this week.
Equinor makes oil discovery in Norway of up to 50 million barrels
Equinor has announced an oil discovery in Norway of 37 – 50 million recoverable barrels.
ConocoPhillips developing new North Sea project targeting 90 million barrels
ConocoPhillips and its partners are targeting 90 million barrels of oil from a new North Sea development.
Equinor to transfer operatorship of North Sea field to AkerBP
Norwegian energy giant Equinor has reached an agreement to transfer the operatorship of the Krafla field to AkerBP.
Gallery: FPSO ‘nearly there’ for Shell Pierce redevelopment in UK North Sea
The FPSO for the Shell Pierce gas expansion project in the UK North Sea is “nearly there” with its refurbishment work.
ConocoPhillips eyes 80 years of production from North Sea oilfield
ConocoPhillips has been granted licence extensions to one of its major North Sea oil hubs – which could see its production life reach nearly 80 years.
New Norwegian tax proposals will help spur offshore investment
In February, the Norwegian Ministry of Finance announced a consultation on the proposal that Norway extend its taxing rights. This would include non-resident companies undertaking certain offshore activities in renewable energy.
‘Significant discovery’ uncovered at Equinor operated Kveikje exploration well
Longboat Energy has confirmed oil has been uncovered at the hotly tipped Kveikje exploration well, operated by Norwegian energy giant Equinor (OSLO: EQNR).
Norway Well Slot- Time to Rokke n’Roll
As of 25 March, Westwood Global Energy reports that there is one appraisal well and four exploration wells active. Three exploration wells are in the Northern North Sea and one in the Norwegian Sea. The appraisal well is in the Norwegian Sea. One exploration well programme has completed since the last report, with the Statfjord Kile well P&A dry. A total of four exploration wells have completed to date in 2022 and none have been successful.