Norway has replaced Russia as the biggest gas supplier of Europe, said the EU Commissioner Kadri Simson, as she was addressing a committee meeting and a press conference in the European Parliament, Trend reports via the European Commission. “Since September 2022, Russian gas is about 8 percent of all pipeline …
Read More »Norway and Germany Team up for Pursuit of Offshore Wind
Norwegian energy company Equinor on Friday said it joined Germany’s EnBW to develop wind farms off the German coast, part of a growing regional energy shift. The German government increased its target for offshore wind energy capacity from 20 gigawatts to 30 GW by 2030, with eyes set on 70 …
Read More »Equinor to Strengthen Europe’s Energy Security by Increasing Oil Production at Norway’s Largest Oil Field
Amid a wall of screens in the control room of Equinor ASA’s Johan Sverdrup oil field in the North Sea ticks a tally of the day’s oil production — and a measure of Norway’s growing importance to Europe’s energy security. On Feb. 13, that figure hovered around 720,000 bpd. “By …
Read More »Equinor all Set to Deploy Transocean Rig at North Sea Field
Norwegian state-owned energy giant Equinor has received consent from the country’s offshore safety regulator to use one of Transocean’s semi-submersible rigs for plugging, drilling and completion activities at a field in the North Sea off Norway. The Petroleum Safety Authority Norway (PSA) revealed on Thursday that it had given Equinor …
Read More »Equinor and Partners Make Gas Discovery in Norwegian Sea
Equinor and its partners have made a commercial gas discovery in the Norwegian Sea, following the drilling of wildcat well 6605/1-2 S and appraisal well 6605/1-2 A. Located approximately 23km south of the Irpa oil field and 350km west of Sandnessjøen, the new discovery, named Obelix Upflank, is estimated to …
Read More »Equinor Makes Norway Gas Discovery
Equinor has made a commercially viable gas discovery in the Norwegian Sea believed to contain between 2 billion and 11 billion cubic metres of recoverable gas, the company said on Wednesday. The find is located 23 kilometres south of the Irpa gas discovery and also close to the Aasta Hansteen …
Read More »$30 Billion Investment will Keep Norwegian Gas Output High for Years
Norway will continue to pump the current high volumes of natural gas for at least another five years as operators have pledged $30.3 billion (300 billion Norwegian crowns) to develop new fields and extend the lifetimes of producing fields, the Norwegian Petroleum Directorate said on Monday. “These are remarkable investments …
Read More »Germany and Norway will Build a Big Hydrogen Pipeline
Germany just took a step closer to finding a long-term, greener replacement for Russian natural gas and coal. German power producer RWE and Norwegian state-owned energy firm Equinor on Thursday announced plans to build hydrogen-fueled power plants in Germany over the next few years, as well as a major pipeline …
Read More »Norway’s Oil Profits Soared to New Heights in 2022
Following several previous successful years, Norway once again saw record oil and gas profits in 2022, as well as progressing its renewable energy operations. With energy prices soaring last year, in response to the Russian invasion of Ukraine and the subsequent scarcity of oil and gas in Europe, Norway recorded …
Read More »Norway Replaces Russia as Germany’s Top Gas Supplier
Norway became Germany’s single-largest natural gas supplier in 2022, overtaking Russia, as total German gas imports dropped by 12.3% compared to 2021, the German Federal Network Agency, Bundesnetzagentur, said on Friday. Norway provided 33% of the gas Germany imported last year, followed by Russia, whose share fell to 22% for …
Read More »