License News

 

Norway Approves Request to Delay Offshore Wind Farm License Application

Aug 21, 2026

The Norwegian energy ministry on Friday approved a request from the developer of the country's first commercial offshore wind farm to delay a licence application deadline by one year.The ministry granted operator Ventyr the extension until October 15, 2027 to conduct a project-specific impact assessment, it said in a statement.Ventyr, a consortium between IKEA store owner Ingka and renewable developer JERA Nex bp…

Norwegian Oil Licenses Value at $150b

Aug 19, 2026

The Norwegian government's direct ownership stakes in offshore oil and gas licences and infrastructure are valued at a total of 1.41 trillion Norwegian crowns ($150 billion), according to a survey published by the industry ministry on Wednesday…

Equinor Acquires Stake in Namibian Offshore Exploration License

Aug 18, 2026

Norway's Equinor said on Tuesday it has signed an agreement with a Chevron subsidiary to acquire a 17.4% stake in a petroleum exploration licence (PEL 90) in the Orange Basin offshore Namibia.'The transaction marks Equinor's entry into Namibia…

dCarbonX Ltd Receives Gas Storage License

Aug 13, 2025

The NSTA offered dCarbonX Ltd a license for gas storage in the East Irish Sea on August 11, 2025. The license allows dCarbonX Ltd to make progress towards seeking the necessary regulatory approvals required before gas storage operations can commence…

Current News

Vaalco Completes Gabon Wells Drilling, Advances Baobab Campaign

Vaalco Completes Gabon Wells D

Shell Raises Gas Output Outlook After Q2 Slump

Shell Raises Gas Output Outloo

Oil Climbs on US Storm Threat, Saudi Attack Risks

Oil Climbs on US Storm Threat,

Sumitomo, TFI Marine Introduce Mooring Solutions to Floating Wind

Sumitomo, TFI Marine Introduce

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine