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Western Europe’s Biggest Oil Producer Is Getting Another Fix
Category: Energy
A rally in the price of black gold is giving Norway another fix. With crude back at $70 a barrel, and a petroleum industry that cut costs to the bone after the oil crash, the stage is now set for another boom. But the good times could hamper Prime Minister Erna Solberg’s main aim of […]
Source: Bloomberg
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APA 2017 – Record number of licenses awarded for further exploration of the Norwegian continental shelf
Category: Energy
The Norwegian Ministry of Petroleum and Energy offers the industry 75 production licenses on the Norwegian continental shelf in the Award in Pre-Defined Areas 2017 (APA 2017) licensing round. – It is with great pleasure I can announce that we offer awards in 75 new production licenses in this year’s APA-round. The number of licenses […]
Source: Regjeringen
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Here’s What’s Ahead for Western Europe’s Biggest Oil Nation
Category: Energy
After suffering through the worst crisis in a generation, Norway’s oil industry is now back on its feet. Here are five charts that tell the story of how Norway’s biggest industry tackled the crisis, from the surprising windfalls to the challenges ahead. Most are based on new data from the Norwegian Petroleum Directorate. 1. Recovering […]
Source: Bloomberg
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AmCham Member Company Profile: Air Products Norway – Climate Cleaning Technology
Category: AmCham Norway
Pioneering nitrogen membrane technology worldwide, Kristiansand-based Air Products was the world’s first company to commercialize nitrogen separation on board ships and offshore installations. Developing the existing technology, they are now piloting carbon dioxide capturing, as their installations — that enable CO2 separation from coal-fired power plants and the cement industry —literally purify the air. Air […]
Source: AmCham
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Norway Petroleum output may reach new peak in 2023, NPD says
Category: Energy
After a disappointing year for drillers, Norwegian authorities are reviewing their hopes for the Nordic country’s hottest exploration area. “In the part of the Barents Sea that’s currently open, you’ve sort of tried the elephants — the big opportunities,” Bente Nyland, the head of the Norwegian Petroleum Directorate, said in an interview. “You’re now down to the […]
Source: Bloomberg
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