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…
Macquarie’s Green Investment Group has joined Vårgrønn and Agder Energi in a consortium working to develop offshore wind in Norway’s Sørlige Nordsjø II zone.The consortium will bid for a site in the Norwegian Sørlige Nordsjø II area, comprising up to 3 GW of new offshore wind capacity…
Norway has awarded four exploration licenses to seven oil companies that include three for the Barents Sea in the Arctic in a sign that the country aims to continue to pump hydrocarbons for decades to come.The awards were part of Norway's so…
Oil major Shell teamed up with Norwegian utilities BKK and Lyse to bid in the Nordic country’s first offshore wind tender expected next year, the companies said on Thursday.Shell has been active in oil and gas extraction on the Norwegian continental shelf for several decades…
Norway is betting on hydrogen and offshore wind for its energy transition but will continue to extract oil and gas until 2050 and beyond, the center-right government said as it presented its long-term energy strategy on Friday.Europe's second…
Norwegian carbon tech company Horisont Energi and oil and gas group Equinor are to team up to develop a 100 million tonne carbon capture and storage project in Norway's Arctic.Carbon capture and storage has been cited by governments, energy…
Norway's oil and gas production slightly lagged official expectations in March, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Tuesday.Crude oil output fell 1.1% from February to 1.773 million barrels per day (bpd) in March…
Six environmental organizations, including the World Wildlife Fund and Greenpeace, on Monday, called on Norway to stop plans to open ocean areas for deep-sea mining.The government in January launched a process to open areas on its extended continental…
Norway's Equinor has received approvals to drill two offshore wells in the production licence 090 in the North Sea, offshore Norway.The Norwegian Petroleum Directorate (NPD), which has granted the regulatory approvals for the drilling operations…
Norway will press ahead with North Sea wind power this year, awarding its first development licenses as it spurs the transition of its oil and gas industry and despite its already plentiful renewables supply.The government has earmarked two areas in the North Sea for up to 4…
Norwegian energy services firm AGR said Monday it had signed a 'Contract for Leased Personnel' with OMV Norway, a Norwegian subsidiary of Austria-based OMV.The contract for the provision of specialist personnel on the Norwegian Continental Shelf…
Vysus Group, an engineering and technology consultancy, has been awarded a contract by Norway's Aibel for work on Equinor's Oseberg Field Center offshore Norway.The contract follows an award by Equinor to Aibel of a five-year portfolio deal…
Royal Dutch Shell will narrow its exploration scope in Norway to focus on natural gas production and possibly offshore wind in future, it told the Norwegian oil and energy ministry.Shell said in October it planned to reduce its oil and gas operations…