It was purely a coincidence but, simultaneously on Monday, Providence Resources announced progress with its latest bid to develop its Barryroe oil discovery off the south coast while the EU Commission approved the latest price support scheme for renewable energy. Alan Linn, Providence’s new chief executive, pointed out that Barryroe, …
Read More »Equinor to Build the World’s Largest Floating Offshore Wind Farm
Equinor plans to build the world’s largest floating offshore wind farm in South Korea with up to 100 turbines. We have a plan for construction start in 2023, which can give a possible start of production in 2026, confirms press spokesman Erik Haaland in Equinor to Teknisk Ukeblad (TU). It …
Read More »World-Leading Clean Hydrogen Plant Planned for UK
Norway-based Equinor is leading a project to develop one of the UK’s – and the world’s – first at-scale facilities to produce hydrogen from natural gas in combination with carbon capture and storage (CCS). The project, called Hydrogen to Humber Saltend (H2H Saltend), provides the beginnings of a decarbonised industrial …
Read More »Jaguar Land Rover Launches World’s First Wireless Charged Taxis in Oslo
The vehicle manufacturer will help develop wireless, high-powered charging infrastructure in the Norwegian capital.
Read More »Norway Sets Oil Export Records as OPEC+ Cuts Leave a Void in the Market
As OPEC and its allies make their deepest cuts yet to crude production, Norway’s giant Johan Sverdrup oil field is exporting more than ever before. Crude loadings from the field are set at a record 4.4 million barrels, or 465,000 barrels a day, in August, according to a loading program …
Read More »Norway not Planning Further Production Cuts
As reported by Reuters, Norway is not planning to deepen its oil output cuts after a decision by the OPEC+ group to prolong its own production cut, the Nordic country’s energy minister said on Thursday. Norway, which is not part of the OPEC+ group, has said it would cut its …
Read More »Hydrogen Strategy Part of Green Transformation
A hydrogen economy is being contemplated in many parts of the world.
Read More »Norway Plans €37.6bn Investment to Weather Covid-19 Downturn
Norway plans to spend a record 420 billion kroner (€37.6 billion) of its oil wealth to weather the brutal Covid-19 downturn. The richest Nordic economy and western Europe’s biggest oil and gas producer has been hit on two fronts as the coronavirus pandemic shut down mainland activity and led to …
Read More »Norway Revises Sea Management Plans to Protect Marine Life from Oil and Gas Activity
The new plans propose a boundary shift of oil and gas activities southwardly in the Barents Sea, away from the biologically rich ocean areas in the Arctic.
Read More »Carbon Capture and Storage Technology Gets Green Light in Norway
DNV GL says the post-combustion technology will capture and liquefy 400,000 metric tonnes of the carbon dioxide produced each year at a cement plant.
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