General – Production Licenses
Equinor has been awarded 35 new production licenses by the Ministry of Energy in this year’s APA, Awards in Predefined Areas.
[Read more…] about Equinor awarded 35 new production licensesNorway braces for Oil and Gas slowdown as investment falls
Fossil Energy – Norway
Norway’s offshore oil and gas production is expected to remain broadly stable in 2026, but a sharp decline in investment is signalling a slowdown in activity and a gradual fall in output later this decade, the country’s energy regulator said on Thursday.
[Read more…] about Norway braces for Oil and Gas slowdown as investment fallsNorway backs concrete foundation production
General – Funding
AF Gruppen, Multiconsult, DOF, Semar, and NTNU have received NOK 11 million in funding to further develop their concrete foundation technology.
[Read more…] about Norway backs concrete foundation productionMajor contract awards to Norwegian supplier industry
Fossil Energy – Norway
Equinor signs framework agreements with seven suppliers worth approximately NOK 100 billion.
[Read more…] about Major contract awards to Norwegian supplier industryAker Solutions cuts costs and adjusts workforce
General – Aker Solutions
Following several years of record-high workload, Aker Solutions expects activity levels to decrease in 2026 compared to 2025.
[Read more…] about Aker Solutions cuts costs and adjusts workforceTransocean nets $168M in two rig contracts
Fossil Energy – Drilling Contracts
Transocean has secured a new contract and an extension for two of its rigs, adding approximately $168 million to its firm backlog.
[Read more…] about Transocean nets $168M in two rig contractsSubsea7 awarded contract offshore Norway
Fossil Energy – IMR Contract
Subsea7 announced the award of an extension of an existing frame agreement by Equinor for subsea inspection, maintenance and repair services (IMR), for vessel Seven Viking.
[Read more…] about Subsea7 awarded contract offshore NorwayNorway awards two leases in Utsira Nord floating wind tender
Wind Energy – Norway
Equinor and its partner Vargronn, and EDF and partner Deep Wind Offshore, each won a site of around 500 megawatt capacity in the qualitative first phase of Norway’s floating wind tender for the Utsira Nord (North) area.
[Read more…] about Norway awards two leases in Utsira Nord floating wind tenderAker Solutions awarded M&M contract by ConocoPhillips
Fossil Energy – Maintenance & Modification
Aker Solutions has signed a six-year frame agreement with ConocoPhillips, which includes an option to extend the contract for up to two additional three-year periods.
[Read more…] about Aker Solutions awarded M&M contract by ConocoPhillipsEquinor plans 250 exploration wells in Norway by 2035
Fossil Energy – Equinor
Equinor plans to drill 250 oil and gas exploration wells in Norwegian waters over the next 10 years to achieve a goal of sustaining output in 2035 at 2020 levels, driven by expectations of prolonged fossil fuel demand.
[Read more…] about Equinor plans 250 exploration wells in Norway by 2035