Latest news

Norway: pipeline gas exports to Europe attain new record high

Norway's pipeline gas exports to Europe attained a new annual record high of 107.9 billion cubic metres as of December 29, as indicated by preliminary data from gas system operator Gassco on Wednesday.

read more... 30/12/2015


Statoil sets $2.77 billion in maintenance deals in Norway

Norway’s Statoil unveiled on Tuesday that it awarded maintenance and modification contracts worth $2.77 billion (NOK24bn) for its offshore and onshore oil and gas facilities in Norway. The company said that the new compensation system is aimed to save on oilfield services and to encourage continuous improvement and higher productivity.

read more... 17/12/2015


Italian SNAM considers a 20% stake in TAP project

Italian player Snam has unveiled it agreed to purchase a 20% stake in the Trans Adriatic Pipeline (TAP) from Norway's Statoil.

read more... 01/12/2015


Norway: Grid operator orders temporary reduction in electricity consumption in Oslo

Norwegian grid operator Statnett on Friday ordered a provisional cut of electricity consumption by industries in Oslo from Sunday to avoid a power outage after a blackout that affected parts of the capital on Wednesday.

read more... 23/11/2015


Statoil establishes tougher 2020 CO2 target to reduce increasing emissions

Norway's Statoil set a new goal on Wednesday to improve the efficiency of its oil and gas operations by 2020 to aid reduce the firm's increasing carbon dioxide emissions.

read more... 12/11/2015