Tag Archives: Norway

Norwegian energy giant Equinor has announced that it has bought up interest in a Brazilian oil discovery for more than £300 million.

Norway’s oil and gas companies plan to spend 17 percent more this year. at about US$21.11 billion as they step up their exploration.

The oil business will be a major and important industry in Norway for many years to come.

MAN Cryo is a wholly owned subsidiary of MAN Energy Solutions.

Chevron is investing billions of dollars in a new reinjection system that will put the sour gas back into the reservoir.

The combined order figure accounts for 79 percent of the three firms'. order target of $13.2 billion for this year.

Over the last year Equinor has actively participated in new offshore licensing rounds.

The oil industry went through a lot of restructuring and consolidation after the oil prices crashed in 2014.

Norway continues to lead the European rankings with the highest number of plug-in sales.

The EU has given the go-ahead for a deal between Norway’s KLP and Swedish pension fund AMF to buy the biggest wind power company in Sweden.