Tag Archives: Norway

Europe’s Gas Supply Tightens as Norway Begins Field Maintenance

Europe is facing a tighter gas market as Norwegian field operators enter scheduled maintenance season. Any unplanned extension of the maintenance period would cause an imbalance on gas markets on the continent and leas to price rises, Bloomberg reported. “Europe is already struggling,” Florence Schmit, a European energy strategist at …

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Equinor Shuts down North Sea Platform

Norway’s Equinor has shut down its Gullfaks C platform in the North Sea following a well control problem that also prompted the evacuation of some workers, Reuters has reported, citing a company spokesman. The spokesman added that production from the field was stable. Even so, the Norwegian gas system operator …

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Norway to Consider Developing Nuclear Energy

Norway’s government appointed on Friday a committee tasked with considering whether the country should develop nuclear energy as an electricity source. Kristin Halvorsen, a former finance minister and currently director of the Center for International Climate and Environmental Research in Oslo, will lead the committee, which is set to deliver …

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Equinor Bags 2 CO2 Storage Licenses in North Sea

Equinor ASA has been awarded licenses for the development of two new carbon dioxide (CO2) storage areas in the North Sea by the Norwegian Ministry of Energy. Equinor was awarded 100 percent share in each of the two licenses, referred to as Albondigas and Kinno. The new licenses are important …

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Norway Oil and Gas Output up in March

Norway produced 2.1 million barrels of petroleum, natural gas liquids (NGLs) and condensate per day last month, up from the prior month and the corresponding period a year ago, the Norwegian Offshore Directorate has reported. The figure exceeded the forecast by 2.4 percent, the report showed. Daily oil output averaged …

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