Norway’s government will earn around NOK 265 billion ($30 billion) taxing and taking up stakes in its oil and gas fields in 2019, and Norwegian production is on the rise. In contrast, Britain in 2019 will earn about GBP 1.1 billion ($1.34 billion)…
The Norwegian subsidiary of Polish state-owned PGNiG said it has acquired a stake in the Neptune-operated Duva field currently being developed in the Norwegian North Sea.PGNiG Upstream Norway said it acquired 20% shares in the field – PL 636…
Norwegian energy company Equinor announced Friday it has completed the sales of two non-core discoveries on the Norwegian Continental Shelf (NCS) for a combined $470 million.Equinor announced in October that it would divest from the King Lear…
Waxy crude on the Pil and Bue project and topside constraints has led VNG Norge to explore pipe-in-pipe heating systems. Elaine Maslin reports. Statoil’s Njord A facility. Photo by Thomas Sola/Statoil…
Some US$50 billion has been dropped from the Norwegian oil and gas investment hopper from 2014 up to 2020, according to figures presented at the ONS exhibition and conference in Stavanger today. The fall, amid a $1 trillion drop in global spending in the same period…
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