Siemens has successfully concluded the first phase of its Subsea Power Grid shallow water test in Trondheim, Norway. Siemens, in collaboration with industry partners Chevron, Equinor, ExxonMobil, and Eni Norge, is in the final stages of a program to develop a barrier-breaking system that will become the world’s first Subsea Power Grid designed for distribution of medium voltage power using pressure compensated technology.
read more... 05/11/2018
The gas reserves of the Fogelberg field are estimated at between 7 and 14 bcm.The start of commercial production is in line with the plans of PGNiG as the company seeks to increase the production of natural gas in Norway in order to supply it via the Baltic Pipe to Poland.
read more... 24/10/2018
Norway’s Scatec Solar ASA said on Thursday it will build 121 MW of photovoltaic (PV) parks in Ukraine and is seeking equity partners for the two projects.
read more... 19/10/2018
The average price of electricity for Norwegian households excluding taxes and grid rent increased by 35 percent in the second quarter of 2018, compared to the same period of last year, according to the Statistics Norway (SSB) on Monday.
read more... 24/09/2018
The rise in oil prices brought about the recovery of Norway’s oil industry, with companies lining up plans to invest in boosting oil production on the Norwegian Continental Shelf (NCS)—surely most welcome news for Western Europe’s biggest oil and gas producer, which faces a decline from the mid-2020s onwards if new large discoveries are not made soon.
read more... 17/09/2018