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Government Publishes White Paper on Long Term Value Creation from Norway’s Energy Resources

Category: Business News

Today, the government published its Report to the Storting (White Paper) Putting Energy to Work, exploring the long-term value creation from Norwegian energy resources. The White Paper sets out how Norway can use its energy resources to create continued economic growth and new jobs. Norway’s position as an energy nation will be further developed through […]

Source: Regjeringen


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ConocoPhillips Norge has Commemorated 50 Years of Production from the Ekofisk Field in the Southern Norwegian North Sea.

Category: Business News

TANANGER, Norway – ConocoPhillips Norge has commemorated 50 years of production from the Ekofisk field in the southern Norwegian North Sea. At the same time, the company has started production from the re-developed Tor field satellite, 13 km (8 mi) northeast of the Ekofisk Complex. Tor began producing in 1978 and was shut in 2015: the new development is based on […]

Source: Offshore


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U.S. to Buy Hundreds of Millions of Doses of Pfizer Coronavirus Vaccine to Donate to the World

Category: Business News

The Biden administration is buying 500 million doses of Pfizer’s coronavirus vaccine to donate to the world as the United States dramatically increases its efforts to help vaccinate more of the global population, three people familiar with the plans said Wednesday. The first 200 million doses will be distributed this year, with the subsequent 300 million shared in the […]

Source: The Washington Post


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Norway Rates Seen Rising in September, GDP to Accelerate in 2022, Agency Says

Category: Business News

OSLO, June 4 (Reuters) – The Norwegian economy will grow less than expected this year but at a faster pace in 2022 than previously anticipated, Statistics Norway (SSB) said in updated projections on Friday. “The vaccination of the population is progressing well, and the reopening of society will give a significant boost to economic activity […]

Source: Reuters


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Norway to Identify More Offshore Areas for Wind Power Parks

Category: Business News

OSLO (Reuters) -Norway will identify additional offshore areas to build wind parks amid strong interest from energy firms, the government said on Tuesday, as the oil-producing country seeks to build a domestic offshore wind industry. Norway is now opening two offshore areas to build wind farms, called Utsira Nord and Soerlige Nordsjoe II, expected to […]

Source: Reuters


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