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Ratification of the Russian-Norwegian border agreement

Russian President Dmitry Medvedev signed on April 8 the ratification of the agreement with Norway on Maritime Delimitation and Cooperation in the Barents Sea and the Arctic Ocean.

read more... 12/04/2011

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Statoil initiates investigations at the Visund field after gas leak

Norway’s biggest oil and gas producer Statoil has initiated investigation operations at the Visund field in the North Sea following the gas leak that occurred over the weekend.

read more... 12/04/2011

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Norway considers grid restructuration to fuel Arctic oil/gas hub

According to Norwegian grid operator Statnett declarations, the company eyes the restructuration of electricity supply to northern Norway, following the last week’s biggest discovery of up to half-a-billion barrels of oil in the Barents Sea.

read more... 07/04/2011

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Siemens to consolidate its position in the global subsea power market

Siemens recently decided to acquire Poseidon Group AS and Bennex Group AS from the Subsea Technology Group AS, Norway, in order to strengthen its position in the global rating of the subsea power industry.

read more... 09/03/2011

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New renewable supergrid project in the North Sea coming to Europe

New supergrid-project will be built in the North Sea and will be connected to wind farms of Scotland, solar panels of Germany and hydroelectric dams of Norway with green energy.

read more... 11/01/2011

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