Norway sees oil and gas activity picking up after the market turmoil and the health crisis earlier this year, the Norwegian Petroleum Directorate (NPD) said in its first-half activity report last Friday. [Read more…] about Norway’s oil industry is beginning to recover
Scarabeo 8 resumes drilling activities in Norway
The drilling activities of the Scarabeo 8 will restart in Norwegian waters following the slowdown in activity due to the Covid-19 pandemic. [Read more…] about Scarabeo 8 resumes drilling activities in Norway
Great day for offshore wind industry in Norway
The Norwegian government opens up for development of the Utsira Nord and Sørlige Nordsjø II areas. [Read more…] about Great day for offshore wind industry in Norway
Norway launches Green Transition package and hydrogen strategy
On 29 May 2020, the Norwegian government put forward a ‘Green transition package’ of NOK 3.6 billion. The investment objective is to underpin the green transition and use this as the motor of accelerating out of the COVID-19 impacts on energy and industry. Solutions such as hydrogen, building renovation, batteries, offshore wind, circular economy, green shipping and other forms of green energy are mentioned specifically. [Read more…] about Norway launches Green Transition package and hydrogen strategy
Hywind Tampen approved by Norwegian authorities
The Ministry of Petroleum and Industry has approved the plans for development and operation of the Hywind Tampen wind farm. [Read more…] about Hywind Tampen approved by Norwegian authorities
NEL and Kværner have entered into a strategic collaboration agreement.
The companies will collaborate on specific green hydrogen projects and standardisation of solutions for large scale hydrogen production plants. [Read more…] about NEL and Kværner have entered into a strategic collaboration agreement.
Norway’s daily oil production to spike 6.7% by 2020 end
According to a forecast published by the Norwegian Petroleum Directorate (NPD) on Wednesday, Norway’s daily oil production is expected to be 6.7% higher at the end of this year than at the end of 2019. [Read more…] about Norway’s daily oil production to spike 6.7% by 2020 end
Russian and Norwegian companies to drive oil and gas industry in the Arctic
The Arctic continental shelf is estimated to hold vast deposits of hydrocarbons and rare earth minerals. [Read more…] about Russian and Norwegian companies to drive oil and gas industry in the Arctic
Equinor eyes zero emissions in Norway by 2050
Norway’s Equinor launches new climate ambitions to reduce the absolute greenhouse gas emissions from its operated offshore fields and onshore plants in Norway with 40 percent by 2030, 70 percent by 2040 and to near zero by 2050. [Read more…] about Equinor eyes zero emissions in Norway by 2050
Impact of diminishing fossil fuel revenues in a time of global warming in Norway
Long-term low oil prices and competition from other countries and technologies have driven the Norwegian government, heavily dependent on its large state-owned oil and gas producer, to acknowledge a permanent profit squeeze. [Read more…] about Impact of diminishing fossil fuel revenues in a time of global warming in Norway
