Latest news

Shell completes Caesar-Tonga sale to Equinor

Shell announced it had signed an agreement to sell its interest in the Caesar-Tonga asset to Israel’s Delek in April 2019. Subsequently, Norway’s Equinor exercised its right of first refusal under the joint venture operating agreement.

read more... 31/07/2019


Eolus to sell 400MW Norwegian windfarm to Aquila Capital

Eolus Vind has signed a share purchase agreement to sell its 400MW windfarm Oyfjellet in Norway to Aquila Capital for €30m.

read more... 16/07/2019


Equinor, partners ink deal for 200 MW of floating wind off S Korea

Norway’s Equinor ASA Korea National Oil Corporation (KNOC) and Korea East-West Power Corporation have signed a consortium agreement for the development of a 200-MW floating offshore wind project in South Korea.

read more... 10/07/2019


Daily (04.07.2019): NBP spot jumped by 2.2% on Wednesday, due to outages in Norway

Crude oil prices added ground on Wednesday, as major U.S. stock indexes closed at record high levels. Moreover, a decrease in the number of oil rigs, operated by U.S. energy firms, for the first time in three weeks, also lent support to prices. As a result, Brent crude climbed by 2.3% to $63.82 a barrel, while WTI futures closed 1.9% higher at $57.34 a barrel.

read more... 04/07/2019


Lundin makes two oil discoveries near Edvard Grieg field offshore Norway

Lundin Petroleum has confirmed more oil reserves in the PL338 license on the Utsira High on the Norwegian continental shelf through the drilling of the 16/1-31 S (Jorvik) and (16/1-31 A) Tellus East exploration wells.

read more... 21/06/2019