Category: Business News
Meet Spot, the first robot to get its own employee number at Norwegian oil producer Aker BP ASA. Developed by Boston Dynamics Inc., the robot is set to start patrolling Aker BP’s oil and gas production vessel at the Skarv field in the Norwegian Sea this year, testing its ability to run inspections, detect hydrocarbon […]
Source: Bloomberg
Published: February 11, 2020
Category: Business News
Citigroup Inc. slashed its price forecasts for commodities from oil to copper and iron ore as it said the impact of the coronavirus looks much worse than it initially thought. Oil came in for the most severe downgrades, with the bank cutting estimates for the first three quarters. Citi also reduced its first-quarter copper projection, […]
Source: Bloomberg
Published: February 3, 2020
Category: Business 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
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
Category: Business 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