Singapore's Sembcorp Marine has delivered the Norwegian Barents Sea-bound Johan Castberg FPSO to Equinor. The FPSO has set off for Norway, loaded aboard Boskalis' Boka Vanguard semi-submersible heavy transportation vessel.Johan Castberg is Sembcorp Marine’s first EPC newbuild FPSO…
Norway will launch later this year its first tender for bottom-fixed offshore wind turbines in the southern North Sea, planning to develop 1.5 gigawatt of electricity that will supply the Norwegian mainland, the country's government said on Wednesday…
Swedish utility Vattenfall will join the growing list of firms competing for licenses to build offshore wind farms off the coast of Norway, it said on Tuesday.Vattenfall is partnering with the Seagust joint venture formed by Norwegian investment…
Norway's trade surplus rose to a new record in December, boosted by soaring prices for its natural gas exports, national statistics agency data showed on Monday.The December surplus hit 106 billion Norwegian crowns ($12.09 billion), beating a previous record of 84…
Norwegian offshore vessel owner Solstad Offshore ASA has received an 87 million crowns (~$9.79 million) grant from Innovation Norway to reduce emissions from its fleet.Including the funds from Innovation Norway, the company plans to invest investing more than 300 MNOK ($33…
Norway on Friday granted 1 billion Norwegian crowns ($111 million) in support for three projects to produce emissions-free hydrogen and ammonia, aiding a transition to a low-carbon economy, the government said.The funding will be allocated to projects led by Yara…
Norway's power production surplus is expected to fall significantly by 2026, with the south of the country moving into deficit owing to rapidly increasing demand, power grid operator Statnett said on Friday.Power demand in Norway is expected to grow to 158 terawatt-hours (TWh) by 2026…
Kristin Færøvik, Managing Director of Lundin Energy Norway, a Norwegian subsidiary of the Swedish oil firm Lundin, will retire from her position on December 31, 2021. Morten Grini has been appointed as the new Managing Director from January 1…
TotalEnergies, Iberdrola and Norsk Havvind have teamed up to respond to the Norwegian authorities' call for tenders for the development of floating and bottom-fixed wind projects for a cumulated capacity of 4.5 GW at two offshore sites in southern Norway…
Norway's trade surplus rose last month to a record level thanks to soaring revenues from selling gas from its offshore fields, national statistics agency (SSB) data showed on Friday.With a daily output of around four million barrels of oil equivalent…
Norway's Socialist Left Party said on Wednesday it had pulled out of talks to form a majority coalition government following this month's election, a move likely to lead to the formation of a minority centre-left administration.Labour, the Centre…
Britain and Norway on Thursday signed a bilateral treaty on electricity interconnection to help formalize power trading between the two countries, Britain's ministry for business and energy (BEIS) said.The agreement comes ahead of the start…
Norway's annual licensing round of new acreage for oil and gas exploration, including some in the Arctic Barents Sea, has attracted bids from 31 oil companies, the country's energy ministry said on Wednesday.The ministry's announcement follows…
Renewable energy firms RWE and NTE, and offshore services company Havfram, have signed a deal to jointly participate Norwegian government’s tender for floating offshore wind energy, which will begin later this year. By 2030, Norway, one of Europe's largest oil and gas producers…