Tag Archives: Norway

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.

Norway’s leading industry has been on the mend for the past two years after a 2014-2016 downturn.

This consortium has the backing of major Japanese energy firms Marubeni Corp and JERA. which is the world’s largest buyer of LNG.

The discovery has been made at well 15 3-11 on the 15 3-4 (Sigrun) located in production license 025. following drilling.

Once completed. Nordlink will have a total capacity of 1.4GW.

The threat of further supply disruptions hasn'.t totally evaporated.

Libya’s national oil production fell to 527.000 barrels per day from a high of 1.28 million bpd in February following recent oil port closures.

The project is Masdar'.s second offshore wind partnership with Equinor.