Tag Archives: Norway

Norway’s national oil company Equinor has announced that it has sold its shares in two Azerbaijani oil fields and the Baku Tbilisi Ceyhan oil pipeline to Azerbaijan’s state oil company SOCAR and will exit from Azerbaijan after 30 years in the country. “Equinor is in the process of reshaping its …

Energy major Equinor has made an oil and gas discovery near Oseberg, one of the top fields offshore Norway, which could add additional resources to the field, the Norwegian Petroleum Directorate said on Friday. Equinor and its partners in the license, Petoro, TotalEnergies, and ConocoPhillips, made the discovery about four …

Norwegian energy firm Equinor will submit a proposal to pre-qualify for Norway’s first offshore wind auction, the company’s CEO Anders Opedal told Reuters on Friday. Equinor has formed a consortium with Germany’s RWE for Soerlige Nordsjoe II, an area in shallower waters close to the maritime border with Denmark, where …

Nasdaq-listed oilfield services major Baker Hughes has been awarded two contracts by Norwegian operator Vår Energi, expanding its North Sea footprint in exploration logging, well intervention technology and subsea production systems. The first contract is a nine-year engagement for well intervention and exploration logging solutions to assist Vår Energi in …

Equinor, an oil and gas company, has signed long-term gas supply deal with Austrian energy company OMV. Starting 1 October 2023, the five-year agreement will see Norway’s Equinor supply 12 terawatt-hour (TWh) of gas annually. Equinor said it will deliver the gas at the Trading Hub Europe in Germany. The …

European natural gas declined as recovering fuel flows from Norway eased supply concerns, with investors becoming more bearish again. Benchmark Dutch futures fell as much as 6.2% with Norwegian supplies rising back to April levels early on Thursday, according to grid data. Shipments from the Nordic country, Europe’s top gas …

DNO ASA, the Norwegian oil and gas operator, today announced a significant gas and condensate discovery on the Carmen prospect in the Norwegian North Sea license PL1148 in which the Company holds a 30 percent interest. Preliminary evaluation of comprehensive data, including cores and fluid samples, acquired from the discovery …

The Norwegian government announced Tuesday it intends to allow seabed extraction for minerals on the country’s continental shelf saying Norway needs minerals “to succeed in the green transition”. Made a day after the United Nations adopted a historic pact to protect the high seas, the announcement drew condemnation from environmental …

Equinor has selected the family-owned industrial group Wergeland as its preferred supplier for the fabrication of foundations and the assembly of turbines for floating offshore wind projects. The Norwegian energy giant said the agreement is aimed at ensuring industrial capacity to develop offshore wind in Norway, where activities are gathered …

Norway has handed over more than 240 tonnes of humanitarian aid to the Ukrainian energy sector. Ukraine’s Deputy Minister of Energy Yaroslav Demchenkov stated this at a meeting with representatives of the Norwegian Embassy in Ukraine, Ukrinform reports, referring to the ministry’s press service. It is noted that Demchenkov told …