Latest news

Scatec Solar to increase stake in 190MW of solar projects in South Africa

Norway-based Scatec Solar has agreed to raise its stake in three operational solar parks, with combined capacity of 190MW, in South Africa from 39% to 45%.

read more... 03/09/2018


Equinor explores floating wind turbines to power North Sea oilfields

Norway’s Equinor is considering whether to build an offshore wind farm with floating turbines to provide electricity for its Gullfaks and Snorre oilfields in the North Sea, the company said on Tuesday.

read more... 28/08/2018


Daily (17.08.2018): NBP spot jumped by 4.5% week-on-week to a 5-month peak, due to outages and lower flows from Norway

Oil prices regained momentum on Thursday, after having declined a day earlier because of high crude inventories, but predictions of lower demand kept prices under control. Brent crude closed 1% higher at $71.43 a barrel, posting a 1% loss for the week. Meanwhile, WTI crude rose 0.7% to $65.46 a barrel, slumping by 2% week-on-week.

read more... 17/08/2018


Norway opens up to offshore wind – plans floating projects to help industry

Norway’s minister of petroleum and energy, Terje Søviknes, is to open two areas on the Norwegian continental shelf for offshore wind projects.

read more... 16/08/2018


Aker BP to acquire Total’s Norway offshore acreage for $205m

Aker BP has signed a deal to acquire Total E&P Norge’s stakes in a portfolio of licenses located on the Norwegian Continental Shelf for a total of $205m.

read more... 02/08/2018