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Energy

Reuters: Five companies, including Equinor, bid to supply New York with offshore wind power

Category: Business and Investment News

Reporting by Nerijus Adomaitis; editing by Susan Thomas and Lisa Shumaker OSLO (Reuters) – Five companies, including Norway’s Equinor, Denmark’s Orsted and France’s EDF have submitted bids to supply offshore wind power to the New York state, the companies said on Thursday. New York state closed bidding on.ny.gov/2E54m5q on Thursday to provide 800-megawatts of offshore wind energy, […]

Source: Reuters

Published: February 1, 2019


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World Oil: Equinor increases 2018 earnings, eyes offshore U.S.

Category: Business and Investment News

STAVANGER — “Strong operational performance and high production gave solid results and cash flow in a quarter with significant market volatility. We delivered growing returns for the full year and expect continued earnings growth. Following strong improvements in recent years, the board proposes an increase in quarterly dividend of 13% to $0.26 per share,” says […]

Source: World Oil

Published: February 10, 2019


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World Oil: CGG, TGS to conduct Greater Castburg survey

Category: Business and Investment News

PARIS, France — CGG and TGS announce the Greater Castberg TopSeis survey in the Barents Sea. The survey is 5,000 km2, and will be acquired and processed with the latest developments of CGG’s TopSeis acquisition and imaging technology. The survey will include the highly prospective Castberg area, and cover existing and newly awarded licenses in addition […]

Source: World Oil

Published: February 11, 2019


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Bloomberg: The Curious Case of Norway’s 60 Million Barrels of Missing Oil

Category: Business and Investment News

 Forecast slashed after production rose during market slump  Maintenance, technical issues, delays, among explanations Norway has built a reputation as one of the calmest and most predictable corners of the global oil industry, but lately it’s been full of surprises. During the worst downturn in a generation, from 2014 to 2016, companies would regularly exceed official forecasts […]

Source: Bloomberg

Published: March 2, 2019


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Bloomberg: Norway Labor Lawmaker Says He’s Open to Debate on Oil Policy

Category: Business and Investment News

By Mikael Holter For establishment politicians in Norway, discussing changes to the country’s oil policies is akin to swearing in church. That’s what happened this week, when the Labor Party’s top energy lawmaker, said he was open to debating taxes and incentives for oil companies, including a lucrative exploration cash refund. Labor is the biggest […]

Source: Bloomberg

Published: February 17, 2019


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