Norway/NCS
News
December 15, 2020
The funding decision demonstrates the Norwegian government's support for the development of a Carbon Capture and Storage value chain, which is essential if Europe is to achieve its carbon neutrality targets.
News
December 11, 2020
Espen Barth Eide, a lawmaker for the Labor Party, says there’s “room for a more explicit form of corporate governance” in the way Norway uses its Equinor stake.
News
December 09, 2020
A survey of Norwegians in November showed that only 36% were favorable about onshore wind as an energy source, down from as much as 84% in 2011. Oil’s popularity has increased to 29% from just 16% five years ago.
News
December 07, 2020
Over the past several weeks, Asian refineries have snapped up crude oil from the Middle East, the U.S. and Russia as buyers received more government allowances to boost imports after the start of next year. Demand for North Sea barrels was slow to pick up, but even that’s now started to change.
News
December 04, 2020
Denmark, the European Union’s biggest oil producer, will stop offering new licenses in the North Sea and phase out production altogether in 2050 as it takes an historic step toward a fossil-fuel free future.
News
November 19, 2020
The 25th licensing round covers nine areas, eight of which are located in the Barents Sea and one further south in the Norwegian Sea. Offering licenses so far north is controversial, with environmental organizations contesting similar awards in the courts.
News
November 18, 2020
The companies will work together towards summer 2021 to assess the market for lithium-ion batteries in Europe and mature the business case for a green battery business located in Norway.
News
November 13, 2020
Norway opened itself up to climate suits after amending its constitution in 2014, to reflect its support of the Paris Climate Agreement. The case against Norway tests its new law, which states that “everyone has the right to an environment that secures health, and to a nature where productivity and diversity are preserved.”
News
November 11, 2020
“We have built a strong position on the Norwegian shelf since the discovery of the Ekofisk Field in 1969 and we are a very active industry operator and partner across the North Sea and the Norwegian Sea,” said Matt Fox, ConocoPhillips executive VP and CEO.
News
October 07, 2020
Equinor’s Johan Sverdrup offshore platform will have to close production until further notice if an ongoing labor strike continues into next week, the Norwegian supermajor said in a statement.
News
September 17, 2020
Wood has secured a new $42m contract from international energy company Equinor, on behalf of operator Gassco, to provide engineering, procurement, construction and installation services at the Kollsnes gas processing plant in Norway.
News
September 08, 2020
In four gas wells that were drilled at Martin Linge before Equinor took ownership in 2018, well barrier deficiencies that are considered to make them inappropriate for safe production have been identified.
News
September 01, 2020
The Johan Sverdrup is one of Norway’s largest oilfields and will, at peak production, supply 25% of the Norwegian oil supply. Production started in October 2019 where Clariant was awarded the production chemical supply contract in 2017 and has been part of the project phase supporting Equinor in the development of this giant new oil field.
News
January 09, 2020
Equinor and its partners in Norway’s Statfjord area have identified and approved plans to extend production from the field towards 2040.
News
January 08, 2020
TGS announced the purchase of all U.S. onshore petrophysical log database and associated intellectual property from Petrophysical Solutions, Inc.
News
January 06, 2020
In 2050, Equinor expects Norwegian oil and gas production to be less than half of current levels, assuming development of defined projects and substantial efforts to increase production from existing fields and continued exploration.
News
December 17, 2019
The agreement will be managed from DNV GL’s office in Stavanger, Norway and supported with a global network of 2,000 technical experts, with global services ranging from verification and environmental to due diligence studies.
News
December 16, 2019
A new compensation format will help improve efficiency as Equinor awards new framework agreements for safety and automation systems with five suppliers.
News
December 13, 2019
Morten Baltzersen, the head of the Financial Supervisory Authority in Norway, says the rush to plow funds into investments that fulfill environmental, social and governance (ESG) standards has opened the door to a new risk.
News
December 12, 2019
Norway’s oil lobby raised the investment forecast for the country’s offshore industry for the coming years, even if it still sees a sharp drop in 2021 amid a lack of big new projects.
News
December 10, 2019
Equinor performed rigorous testing of the Stauper technology at the Grane Field in the North Sea, and the results showed that up to 99.5% of oil was removed from the produced water.
