NEWS

Bloomberg: Norwegian Voters Deliver Warning to Country’s Oil Industry

Category: Business News

Norwegian voters have fired a warning shot at the country’s oil industry. Parties that want to rein in the country’s golden goose made significant gains in Monday’s local elections. That raises the prospect of more advances for those forces that want to limit drilling in the Nordic nation, which supplies 25% of the European Union’s […]

Source: Bloomberg

Published: September 10, 2019

Equinor: Ten companies selected for Equinor’s Techstars Energy Accelerator 2019

Category: Business News

Equinor today announced the second class of global start-up companies selected to participate in the Techstars Energy Accelerator. Three Norwegian companies participate in the programme. The ten start-up companies have been selected from hundreds of applicants across 42 countries. Through an intensive 13-week programme they will seek to accelerate their solution by tapping into a […]

Source: Equinor

Bloomberg: North Sea Oil Poised for Last Hurrah With Giant Norway Field

Category: Business News

The rise of a huge new Norwegian oil field is poised to give North Sea output one of its biggest boosts in years. The surge won’t last.   Johan Sverdrup, one of the five largest offshore oil fields ever discovered in Norway, has been given the green light to begin production, with operator Equinor ASA scheduled to start loading […]

Source: Bloomberg

Published: September 4, 2019

Sysla: Halliburton med stort underskudd i Norge i fjor

Category: Business News

Oljeservicegiganten Halliburton hadde et svakt økonomisk år i Norge i 2018. Til tross for at inntektene økte med 15 prosent til 5,5 milliarder kroner, endte driftsresultatet på minus 517 millioner kroner. På bunnlinjen ble det et underskudd før skatt på 772 millioner. Året før var tilsvarende tall 147 millioner i pluss. “Gjennom 2018 var markedsforholdene […]

Source: Sysla

Published: September 2, 2019

Reuters: Norway’s CO2 seabed storage project gets boost from industry, EU

Category: Business News

OSLO (Reuters) – Norway’s Equinor signed preliminary agreements on Thursday with seven potential industrial customers for its project to develop carbon dioxide storage under the North Sea, a crucial step toward securing state funding. The project, called Northern Lights and led by Equinor in partnership with Shell and Total, is part of the country’s efforts […]

Source: Reuters

Published: September 5, 2019