Category: Energy
Norway has announced a new licensing round for its offshore oil and gas fields in predefined areas (APA). Licenses in areas in the North Sea, the Norwegian Sea and the Barents Sea are expected to be awarded in 2019. The latest licensing round has been expanded by 103 blocks compared to last year, 47 of […]
Source: Maritime Executive
Category: Energy
Statoil CEO Eldar Saetre discusses the production of oil and gas, and talks about expanding into renewable energy. He speaks on “Bloomberg Markets.” (Source: Bloomberg) See the video HERE
Source: Bloomberg
Category: Energy
Up to 2,400 men and women have started to mobilize for the hook-up and completion of Johan Sverdrup field in the North Sea. Photo: Anette Westgård – Woldcam / Statoil. Approximately 150 people, plus crew from the flotel-operator ProSafe, set sail aboard the floating accommodation vessel Safe Zephyrus from Mekjarvik outside Stavanger, bound for the North Sea. […]
Source: World Oil
Category: AmCham Norway
“The big danger in incentivizing [renewable] energy market development is that government money can become the market.” So stated New York state’s visiting “energy czar” during an illuminating recent roundtable discussion with senior Stavanger-region leaders. Prior to his role as Chairman of Energy & Finance for New York, Richard Kauffman worked in energy and finance […]
Source: Amcham
Category: Energy
Statoil ASA, Norway’s biggest petroleum company, will change its name to Equinor as it seeks to broaden its energy reach beyond oil and gas production. “The world is changing, and so is Statoil,” said Chairman Jon Erik Reinhardsen in a statement. “The biggest transition our modern-day energy systems have ever seen is underway, and we […]
Source: Bloomberg