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62 new production licenses offered in the APA 2023 licensing round

Category: Business News

The Norwegian Ministry of Energy offers 62 new production licenses on the Norwegian continental shelf in the APA 2023 licensing round. Last year, 47 licenses were awarded. – Awarding new licenses through the Awards in Predefined Areas is a pillar in the continued development of the Norwegian shelf. To see such great interest in further […]

Source: Regjeringen


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BlackRock to sell 365 MW of wind farms to Norwegian utility

Category: Business News

Bergen-based utility Eviny has sealed a deal to buy two operational wind farms with a combined capacity of 365 MW in Norway from US investment giant BlackRock Inc (NYSE:BLK) for EUR 537.5 million (USD 584.9m) in enterprise terms. The transaction concerns the 197-MW Guleslettene and the 168-MW Tellenes wind power generating facilities on the west […]

Source: RenewablesNow.com


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Norway’s Oil and Gas Companies to Step Up Exploration This Year

Category: Business News

Norwegian oil and gas companies will drill more exploration wells this year as the country seeks to maintain its position as a key supplier to Europe. Between 40 and 50 wells are expected to be completed, up from 34 last year, the Norwegian Offshore Directorate said Thursday. More than half of the 23 wildcat wells undertaken last year […]

Source: Bloomberg


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An industrial adventure spanning 200 years

Category: Business News

From 1814 to the present day, Kongsberg Gruppen has evolved from being a local weapons manufacturer to becoming a global collaborator, producer, and innovator in security and technology. It has simply been an industrial adventure, ant it’s far from over! Join us on a journey back in time and take a look at some of […]

Source: Kongsberg


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Empire Wind 2 offshore wind project announces reset, seeks new offtake opportunities

Category: Business News

Equinor and bp today announced an agreement with the New York State Energy Research and Development Authority (NYSERDA) to terminate the Offshore Wind Renewable Energy Certificate (OREC) Agreement for the Empire Wind 2 project, an offshore wind project in the US with potential generative capacity of 1,260 MW. This agreement reflects changed economic circumstances on […]

Source: Equinor


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