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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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Reuters: Norway Gives Go-Ahead to Disputed Arctic Copper Mine
Category: Business News
OSLO — Norway’s government approved on Thursday the building of a copper mine near Europe’s northernmost point despite years of opposition from indigenous Sami herders and fishermen. Norway’s decision on the copper mine has been viewed as a litmus test for the Arctic, where climate change and technology are enabling mineral and energy extraction, shipping […]
Source: Reuters
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World Oil: Wood awarded EPCI contract by Equinor in Norway
Category: Business News
HOUSTON – Wood has secured a new $13 million contract with Equinor to deliver engineering, procurement, construction, and installation (EPCI) services to the Vigdis boosting station increased oil recovery (IOR) project. Effective immediately, Wood will provide topside modifications to enable the tie-in of subsea equipment to offshore platforms Snorre A and Snorre B, which process […]
Source: Wood Oil
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Bloomberg: Richest Scandinavians Are in a Row Over How to Get $2.2 Billion
Category: Business News
The richest Scandinavians are having a budget dispute involving Norway’s worst terrorist and a capsized warship. The row started after Norwegian Prime Minister Erna Solberg proposed an “under the line” budget item to cover the estimated 19 billion kroner ($2.2 billion) it will cost to replace a navy frigate that collided with a tanker and […]
Source: Bloomberg
Published: February 2, 2019
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Bloomberg: A High-Stakes Fight Is Brewing in Norway Over EU Relations
Category: Business News
By Sveinung Sleire Kicking off the year in a T-shirt proclaiming that she “loves, loves the EEA,” Foreign Minister Ine Eriksen Soreide hinted at the high-stakes fight that’s brewing in Norway over its relationship with the European Union. Soreide’s show of passion comes 25 years after Norway linked itself to the EU in a free-trade […]
Source: Bloomberg
Published: February 5, 2019
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