Latest news
Saipem nets $1.7B in drilling contracts
Saipem on Friday said that the contracts related to the offshore drilling division concern activities to be executed in Norway and in Angola. Apart from sharing the regions where the projects will be carried out, the company did not provide any further info on the offshore drilling contracts.
read more... 30/12/2019
Aquila completes acquisition of 400-MW Norwegian wind project
Hamburg-based investor Aquila Capital on Friday said it had completed the acquisition of the company that holds all the rights to the 400-MW Oyfjellet onshore wind project in Norway from Swedish wind project developer Eolus Vind AB.
read more... 26/12/2019
Norway and Russia to invest in oil and gas project in Siberia
Norwegian state oil company Equinor and Russia's Rosneft will invest in the first stage of the development of North Komsomolskoy, a conventional oil and gas field in western Siberia, it was reported here.
read more... 24/12/2019
Daily (20.12.2019): NBP spot gas soars 6% on Thursday due to weak flows from Norway and LNG deliveries
Crude oil futures hit a fresh three-month high on Thursday, spurred by a mix of factors: falling U.S. crude stockpiles, soothing U.S.-China trade conflict and OPEC+ output cuts. Brent crude for February delivery rose by 37 cents, or 0.6%, to settle a t $66.54 a barrel, increasing for the sixth consecutive day.
read more... 20/12/2019
Equinor set to drill Mist well
The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for a wildcat well located in the Barents Sea offshore Norway.
read more... 20/12/2019