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Energy

IEA says Norway has opportunities to advance transition and help lead world on clean energy

Category: Business News

IEA says Norway has opportunities to advance transition and help lead world on clean energy   (IEA) — As a resource-rich country on the leading edge of many clean energy technologies, Norway is uniquely well placed for the clean energy transition and now needs to advance strategies to tackle emissions in sectors where they are […]

Source: WorldOil


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Equinor signs deal with 3D print start-up from the Equinor and Techstars Energy Accelerator

Category: Business News

Equinor has signed a Letter of Intent (LOI) with the 3D print start-up Korall Engineering based in Bergen, Norway. This is a result of this year’s Equinor & Techstars Energy Accelerator programme. Equinor believes the solution proposed by Korall Engineering is needed in the changes the industry is facing, where 3D print and digital inventories […]

Source: Equinor


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Empire Wind selects Edison Chouest Offshore to provide plug-in hybrid service operations vessel

Category: Business News

Empire Offshore Wind, a joint venture between Equinor and bp, has awarded a long-term service operations vessel charter agreement to US marine transportation provider, Edison Chouest Offshore (ECO). The plug-in hybrid service operations vessel (SOV) will be the first in the US offshore wind sector capable of sailing partly on battery power. The vessel will […]

Source: Equinor


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ConocoPhillips plans $1.1 billion investments as Norway oil sector heats up

Category: Business News

SANDEFJORD, Norway, May 9 (Reuters) – ConocoPhillips (COP.N) submitted on Monday a plan to develop an oil discovery in the Norwegian North Sea for 10.5 billion Norwegian crowns, the first of an expected rush of new petroleum projects to be launched in Norway this year. Read full article.

Source: Reuters


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OTC 2022: Department of Energy to boost investment in U.S. offshore wind development

Category: Business News

HOUSTON (WO) — The offshore wind sector has made huge strides over the last year, putting the industry on track to achieve President Joe Biden’s goal of reaching 30 gigawatts of offshore wind generation by 2030. To ensure its success, the U.S. Department of Energy (DOE) is allocating funds and programs to the development of […]

Source: World Oil


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