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Energy

Norway to launch 1.5 gigawatt offshore wind tender

Category: Business News

  OSLO, Feb 9 (Reuters) – Norway will launch later this year its first tender for bottom-fixed offshore wind turbines in the southern North Sea, planning to develop 1.5 gigawatt of electricity that will supply the Norwegian mainland, the country’s government said on Wednesday. Offshore wind is seen as a key new industry offering a […]

Source: Reuters


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Honeywell and FREYR collaborate to deploy Energy Storage Solutions via Next-Generation battery cells

Category: Business News

Houston, TX. and Oslo, NORW., January 19, 2021 – Honeywell (NASDAQ: HON) and FREYR Battery (NYSE: FREY) today announced they have signed an agreement pursuant to which FREYR will, subject to viability, leverage Honeywell’s leading technology offerings, including integrated automation, field instrumentation and security integration solutions in their manufacturing process. As part of the collaboration, Honeywell will purchase 19 GWh of battery […]

Source: FREYR


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Great Interest in Further Exploration Activity on the Norwegian Shelf

Category: Business News

The Ministry of Petroleum and Energy offers 53 new production licenses on the Norwegian continental shelf in the licensing round APA 2021. — The petroleum industry contributes with large revenues, value creation and jobs across the country. I am therefore happy to offer 53 new production licenses in the predefined areas. Further exploration activity and […]

Source: Regjeringen


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U.S. Claims Title of World’s Largest LNG Exporter

Category: Business News

(Bloomberg) –The U.S. became the world’s No. 1 exporter of liquefied natural gas for the first time ever last month, as deliveries surged to energy-starved Europe. Output from American facilities edged above Qatar in December after a jump in exports from the Sabine Pass and Freeport facilities, according to ship-tracking data compiled by Bloomberg. Cheniere […]

Source: World Oil


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Norway’s Oil Regulator Seeks Value Creation Through Better Use of Data

Category: Business News

OSLO – The Norwegian Petroleum Directorate (NPD) has taken an initiative to discuss with the industry which steps can be taken to increase value creation through better use of data. The initiative is being taken in an effort to improve the NPD’s role as data manager. “Having the right data available at the right time […]

Source: World Oil


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