NEWS

Energy

Reuters: Norway’s PM to appoint lawmaker Bru as oil minister

Category: Business and Investment News

OSLO (Reuters) – Norwegian Prime Minister Erna Solberg will appoint Conservative lawmaker Tina Bru as oil and energy minister, business daily Dagens Naeringsliv and public broadcaster NRK reported on Thursday, citing unnamed sources. The office of the prime minister declined to comment. Bru was not available for immediate comment. If confirmed, 33-year-old Bru will oversee […]

Source: Reuters


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The Explorer: Enormous potential in floating solar

Business

Category: Energy

Floating solar is on the rise. With Norway’s extensive experience and history from the maritime, offshore and energy industries, the country is well equipped to lead technological development in this segment. The world’s demand for electricity will double by 2050. At the same time, the share of fossil energy in the energy mix must be […]

Source: The Explorer

Published: May 9, 2019


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Government: APA 2019: New High Award Secures Further Exploration of the Norwegian Continental Shelf

Category: Business and Investment News

The Norwegian Ministry of Petroleum and Energy offers 69 production licenses on the Norwegian continental shelf in the Award in Pre-Defined Areas 2019 (APA 2019). – I am proud to offer 69 new production licenses in this year’s APA round. The companies show great interest in further access to new exploration acreage. This means that […]

Source: Regjeringen.no


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Offshore: Equinor ties up offshore Norway automation, safety needs

Category: Business and Investment News

STAVANGER, Norway – Equinor has awarded new framework agreements to five suppliers for safety and automation systems for its facilities across the Norwegian continental shelf. The agreements may also be extended to the company’s international E&P activities and for new development projects. Total value of the five-year fixed periods is just above NOK5 billion ($554 million), with three […]

Source: Offshore


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World Oil: Equinor hopes for a dry well near Troll, for potential CO₂ storage

Category: Business and Investment News

OSLO – For the first time, an exploration well is being drilled in the North Sea where the objective is not to find oil or gas. The well is being drilled south of the Troll field in the North Sea, and the objective is to investigate whether the reservoir in the deep Johansen Formation is […]

Source: World Oil


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