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
ExxonMobil to sell Norway upstream operations for $4.5 billion
ExxonMobil signed an agreement with Vår Energi AS for the sale of its non-operated upstream assets in Norway for $4.5 billion as part of its previously announced plans to divest approximately $15 billion in non-strategic assets by 2021. [Read more…] about ExxonMobil to sell Norway upstream operations for $4.5 billion
Norway’s official marketplace for green technology opens for Dutch companies
The Explorer is a digital marketplace for green solutions, centred around achieving the UN Sustainable Development Goals. [Read more…] about Norway’s official marketplace for green technology opens for Dutch companies
Nova subsea pipelines installed in Norway
Wintershall Dea has completed the installation of the subsea pipelines and umbilicals for the operated Nova project in the Norwegian North Sea. [Read more…] about Nova subsea pipelines installed in Norway
Lundin picked NKT to connect two oil and gas platforms in Norway
Denmark based turnkey AC/DC cable solutions provider ‘NKT’ wins high-voltage power cable order to connect Edvard Grieg platform to Johan Sverdrup with power cables. [Read more…] about Lundin picked NKT to connect two oil and gas platforms in Norway
Ampelmann enters Norway with first Walk to Work contract
Ampelmann has secured a contract with DeepOcean to support the hook-up and commissioning of the Valhall Flank West (VFW) project, operated by Aker BP. [Read more…] about Ampelmann enters Norway with first Walk to Work contract
New contracts for Saipem in offshore drilling
Saipem has been awarded new contracts in offshore drilling in Norway and the Middle East totalling over 100 million USD. [Read more…] about New contracts for Saipem in offshore drilling
TechnipFMC bagged significant contract from ConocoPhillips TOR II Development
TechnipFMC has been awarded a significant integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract from ConocoPhillips for the TOR II development. [Read more…] about TechnipFMC bagged significant contract from ConocoPhillips TOR II Development
