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Energy

World Oil: Staale Gjervik on New ExxonMobil / Microsoft Digital Partnership

Category: Business News

IRVING, Texas — ExxonMobil has announced that a new partnership with Microsoft will make its Permian basin operations the largest-ever oil and gas acreage to use cloud technology and is expected to generate billions in net cash flow over the next decade through improvements in analyses and enhancements to operational efficiencies. “The combination of Microsoft’s technologies […]

Source: World Oil


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Reuters: Norway oil sector lowers 2019 investment forecast

Category: Business News

Oil and gas companies working in Norway have lowered their investment forecasts for 2019 to 172.7 billion crowns ($20.1 billion) from 175.3 billion crowns seen in November, a survey by the country’s statistics agency (SSB) showed on Thursday. In 2020 investments are expected to fall to 158.5 billion crowns, according to initial forecasts, though the […]

Source: Reuters


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Aftenposten: Norsk gass kan bli utkonkurrert lenge før det går tomt på norsk sokkel

Category: Business News

Equinor ser lyst på fremtiden for norsk gass, særlig fordi Tyskland skal fase ut kullkraft. Men selv europeiske energiselskaper sår nå tvil om det er gass som blir vinneren. Energiselskaper tror på batteri og sol. Ifølge lekkasjer til nyhetsbyrået Bloomberg News kan gassindustrien være for optimistisk. Kull kan fremover bli erstattet av vind og sol kombinert med […]

Source: Aftenposten


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Næringsforeningen: Ren energi lokker gigantene

Category: Business News

IT-gigantene er på vei inn i regionen. Jakten på ren energi er drivkraften. Det kan på sikt få svært positive følger både for næringsetablering og omstilling i regionen. Det handler i bunn og grunn om behov for strøm, og i høy grad fornybar energi.  I løpet av året skal Microsoft sitt nye dataanlegg være i […]

Source: Næringsforeningen


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World Oil: NPD reports production figures for January 2019

Category: Business News

Chart: Norwegian Petroleum Directorate. STAVANGER — Preliminary production figures for January 2019 show an average daily production of 1,8 MMbbl of oil, NGL and condensate, which is a decrease of 30 Mbp day compared to December 2018. Total gas sales were 11.2 billion Sm3 (GSm3), which is an increase of 0.5 GSm3 from the previous month. Average daily […]

Source: World Oil


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