NEWS

Energy

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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The World’s First Full Scale Hydrogen-Based Propulsion System Launched by KONGSBERG – Kongsberg Maritime

Category: Business News

KONGSBERG has celebrated a world first by testing and verifying a full-scale, full-size, zero-emissions drivetrain powered by hydrogen fuel cells designed for ships and ferries. The project demonstrates that the technology is now mature for using hydrogen (H2) as an energy carrier. The program is the third and final part of the EU funded project […]

Source: KONGSBERG


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ConocoPhillips Plans $1.5 Bln Norway Gas and Condensate Development

Category: Business News

OSLO, Nov 8 (Reuters) – ConocoPhillips (COP.N) presented on Monday plans for the development of Norway’s Tommeliten A gas and condensate discovery, with total investments expected to amount to 12.5 billion crowns ($1.46 billion), the U.S. oil firm said. Located in the southern sector of Norway’s North Sea, Tommeliten A is estimated to hold reserves […]

Source: Reuters


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