NEWS

World Oil: Norway greenlights new wind farm to power offshore production platforms

Category: Business News

OSLO – The Ministry of Petroleum and Industry has approved the plans for development and operation of the Hywind Tampen wind farm. The Snorre and Gullfaks platforms will be the first platforms in the world to receive power from a floating offshore wind farm. On 11 October 2019, Equinor and the Snorre and Gullfaks partners […]

Source: World Oil

Published: January 12, 2025

AWS Public Sector Blog: From research sharing to collaborative communications – addressing the needs of our public sector customers during unprecedented times

Category: Business News

In support of governments and educational institutions around the world, Amazon Web Services (AWS) is quickly deploying people and technology to enable remote learning and home working. Our services can help address our customer’s most pressing challenges during this unprecedented time, including making sure citizens are productive with remote working solutions, that students can access online […]

Source: AWS

Equinor: Oil discovery in the US Gulf of Mexico

Category: Business News

Equinor and co-venturers Progress Resources USA Ltd and Repsol E&P USA Inc. have encountered oil in the Monument exploration well in the US Gulf of Mexico. The Monument exploration well found approximately 200 feet (c. 60 metres) of net oil pay with good reservoir characteristics in Paleogene sandstone. This provides an early indication of the […]

Source: Equinor

Published: April 6, 2020

New York Times: U.S. Is Nowhere Close to Reopening the Economy, Experts Say

Category: Business News

WASHINGTON — How long can we keep this up? It is still very early in the U.S. effort to snuff a lethal pandemic by shutting down much of the economy. But there is a growing question — from workers, the White House, corporate boardrooms and small businesses on the brink — that hangs over what is essentially […]

Source: New York Times

Published: April 6, 2020

Fish Farmer: Norwegian exports defy coronavirus onslaught

Category: Business News

Remarkably, Norway saw its salmon exports increase last month despite the ravages to trade caused by the coronavirus pandemic. Its fish farmers exported 85,800 tonnes of salmon worth NOK 6.1 billion (£473 million) in March. This is an increase in volume of four per cent, while the value increased by NOK 103 million, or two per cent, on March last year. […]

Source: Fish Farmer

Published: March 4, 2020