Category: Business News
TANANGER, Norway – ConocoPhillips Norge has commemorated 50 years of production from the Ekofisk field in the southern Norwegian North Sea. At the same time, the company has started production from the re-developed Tor field satellite, 13 km (8 mi) northeast of the Ekofisk Complex. Tor began producing in 1978 and was shut in 2015: the new development is based on […]
Source: Offshore
Category: Business News
OSLO (Reuters) -Norway will identify additional offshore areas to build wind parks amid strong interest from energy firms, the government said on Tuesday, as the oil-producing country seeks to build a domestic offshore wind industry. Norway is now opening two offshore areas to build wind farms, called Utsira Nord and Soerlige Nordsjoe II, expected to […]
Source: Reuters
Category: Automobile / Transport
Director, Invest in Norway, North America at Innovation Norway, bridging the gap for large tech companies expanding into the Nordic Region. The viral Super Bowl ad featuring Will Ferrell was more than a light-hearted promotion of GM’s electric vehicles (EVs). Rather, it foretold America’s imminent recommitment to sustainability. It’s in the interest of all nations to pursue a […]
Source: Forbes
Category: Automobile / Transport
OSLO (Reuters) -Ford Motor Co’s electric Mustang Mach-E topped Norway’s car sales in May, the first full month of registrations for the crossover vehicle in the small but influential Nordic market, national data showed on Tuesday. Battery electric vehicles made up 60.4% of all new cars sold in Norway last month, the Norwegian Road Federation […]
Source: US News
Category: Business News
(Bloomberg) — The global gas industry is in an existential race: either find a way to be part of the next generation of energy or risk getting supplanted by alternatives. BP Plc, Sinopec, Equinor ASA and Royal Dutch Shell Plc are among the producers looking to hydrogen to help secure demand that otherwise may falter […]
Source: Bloomberg