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Reuters: Exxon Mobil seeks bids for Norwegian offshore assets
Category: Business News
OSLO (Reuters) – Exxon Mobil is considering selling all of the stakes it holds in oil and gas fields off the Norwegian coast, a spokeswoman said. Two years ago the U.S. major – the world’s largest oil company – sold its operated assets in the area. But it has retained stakes in more than 20 […]
Source: Reuters
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World Oil: NPD releases production figures for May 2019
Category: Business News
STAVANGER — Preliminary production figures for May 2019 show an average daily production of 1,599,000 bbl of oil, NGL and condensate, which is a decrease of 120,000 bpd compared to April. Total gas sales were 9.9 Bscm (Gsm3), which is a decrease of 0.1 Gsm3 from the previous month. Average daily liquids production in May was: […]
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Government: Announcement of Awards in Predefined Areas (APA) 2019
Category: Energy
The Norwegian Ministry of Petroleum and Energy announces this year’s licensing round in mature areas on the Norwegian continental shelf – Awards in Predefined Areas (APA) 2019. – I am delighted to announce this year’s APA round. We are continuing our practice of offering regular concessions on the NCS to provide the industry access to […]
Source: regjeringen.no
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Bloomberg: Here’s What Lawmakers Want to Do With Norway’s $1 Trillion Fund
Category: Business News
Key lawmakers gave a nod to a range of changes for Norway’s $1 trillion sovereign wealth fund — from divesting some of its oil stocks, to an overhaul of its fixed-income holdings and tighter restrictions on coal investments. But even after one of the most eventful years in the fund’s history, more change could be […]
Source: Bloomberg
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Equinor: Awarding contracts worth NOK 2.5 billion
Category: Business News
Equinor has awarded drilling service contracts at a total value of about NOK 2.5 billion, exclusive of options, to several suppliers. The services will be delivered to both new and existing fields on the Norwegian continental shelf. Contracts for services related to liner hangers were signed in Equinor’s digital laboratory at Forus, Stavanger, on 14 […]
Source: Equinor
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