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Bloomberg: Norway Oil Coffers About to Get Giant Boost From the North Sea
Category: Business News
Equinor ASA has started its Johan Sverdrup oil field, a rare mega-project in the North Sea that’s been a boon for Norway’s offshore industry and now promises to deliver a huge production boost for the country. Discovered in 2010 in an area that had been disregarded by most explorers, the site started production on Saturday […]
Source: Bloomberg
Published: October 5, 2019
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DN: Equinor når fornybarmålet raskere enn 2030
Category: Business News
Equinor ventet at 15–20 prosent av investeringene skulle gå til fornybar energi i 2030. Konsernsjef Eldar Sætre bekrefter nå at de ligger foran skjema. – Vi har hele tiden sagt at forutsetningen for økte investeringer i fornybar energi er tilgang til lønnsomme prosjekter. Vi har nå vunnet muligheten til å utvikle Dogger Bank og Empire […]
Source: DN
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Bloomberg: Big Oil CEOs Talk Climate Change, Methane and Why They Need Gas
Category: Business News
One of the opening events of Climate Week in New York offered a rare sight — nine bosses of some of the world’s largest oil and gas companies in one room. The occasion was the Oil and Gas Climate Initiative, an industry-supported organization whose members set targets to reduce methane emissions and gas flaring. Present […]
Source: Bloomberg
Published: April 19, 2024
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World Oil: Norwegian oil, gas production continues to miss forecast targets
Category: Business News
OSLO – The Norwegian Petroleum Directorate’s preliminary production figures for August 2019 show an average daily production of 1.647 MMbbl of oil, NGL and condensate, which is a decrease of 67,000 barrels per day compared to July. Average daily liquids production in August was 1.353 MMbbl of oil, 267,000 bbl of NGL and 27,000 bbl […]
Source: World Oil
Published: April 19, 2024
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Press Release: ExxonMobil to sell Norway upstream operations for $4.5 billion
Category: Business News
IRVING, Texas – ExxonMobil signed an agreement today with Vår Energi AS for the sale of its non-operated upstream assets in Norway for $4.5 billion as part of its previously announced plans to divest approximately $15 billion in non-strategic assets by 2021. Agreement includes ExxonMobil’s upstream portfolio in Norway Part of ExxonMobil’s previously announced […]
Source: ExxonMobil
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