For the last few decades the ONS conference in Stavanger has focused on the energy industry’s direction from the perspective of North Sea exploration and production business – this year, ONS 2022 will focus mainly on energy transition.
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.
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.
“Trust” is the theme of this year’s ONS conference, Stavanger’s biennial mecca for the offshore energy industry.
The Norwegian sovereign wealth fund; the envy of governments the world over.
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 has kicked off drilling on the Ofelia exploration well in the North Sea.
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.
Norwegian exploration and production firm Var Energi (OSLO: VAR) expects to dish out a minimum of $1 billion in dividends this year.
ConocoPhillips (NYSE: COP) has received approval from UK and Norwegian authorities for a £1 billion cross-border field in the North Sea.
North Sea operator Neptune Energy has handed a contract to TechnipFMC to carry out work in Norway.
European natural gas prices rose to the highest level in almost four months on persistent supply concerns amid the worst energy crunch in decades.
Norway’s oil and gas safety watchdog has launched an investigation into a fire at an Equinor-operated refinery over the weekend.
Aibel has shared footage of the first offshore platform for the Dogger Bank wind farm arriving at its Haugesund yard.
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.
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.
A planned takeover of Lundin Energy’s exploration and production business by Aker BP is forecast to complete at the end of the month.
Around 11% of the 7,500 offshore oil and gas workers in Norway are threatening strikes if mediation talks fail this week.
Equinor has announced an oil discovery in Norway of 37 – 50 million recoverable barrels.
ConocoPhillips and its partners are targeting 90 million barrels of oil from a new North Sea development.
Norwegian energy giant Equinor has reached an agreement to transfer the operatorship of the Krafla field to AkerBP.
The FPSO for the Shell Pierce gas expansion project in the UK North Sea is “nearly there” with its refurbishment work.
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.
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.
Longboat Energy has confirmed oil has been uncovered at the hotly tipped Kveikje exploration well, operated by Norwegian energy giant Equinor (OSLO: EQNR).