NEWS

Shipping & Offshore

Norway – US Business Summit

Category: Business News

Norway – US Business Summit on the occasion of the Royal Visit by H.R.H. Crown Prince Haakon of Norway to California and the state of Washington    Norwegian and American businesses are invited to take part in exclusive business events during the Royal Visit. For the Business Program, H.R.H. will be accompanied by Norway’s Minister […]

Source: Business Norway Delegations


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How We Grew In 2023: StormGeo Shipping Product Updates – StormGeo

Category: Business News

Taking a look back at 2023, it has been a year filled with growth for the StormGeo community. As we rush into leading innovation in maritime technology for 2024, let’s reflect on our 2023 milestones and sneak a peek at what is coming in the new year. Where StormGeo focused on innovation in 2023: We […]

Source: StormGeo


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Equinor to take full ownership in Empire Wind through a swap transaction with bp in the US

Category: Business News

Under the agreement, Equinor will take 100% ownership of Empire Offshore Wind Holdings LLC. Subject to certain conditions, Equinor will also take over bp’s 50% share of the South Brooklyn Marine Terminal (SBMT) lease. Bp will take over Beacon Wind Holdings LLC and the associated project company that holds the Astoria Gateway for Renewable Energy […]

Source: Equinor


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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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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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