Latest news

Hydro leads in providing most of Norway's power in July

Hydropower produced 94.3% of Norway's electricity in July, equivalent to 9.23 terawatt-hours (TWh), according to Statistics Norway (SSB) on Monday.

read more... 02/09/2019


Equinor, Total team up to explore for oil & gas offshore Sri Lanka

According to several media reports, including Colombo Page, Ceylon Today, and Reuters, the country’s government on Tuesday signed a two-year offshore exploration deal with France’s Total and Norway’s Equinor.

read more... 29/08/2019


Cairn Energy sells £50 stake in Nova development

Scottish oil and gas firm Cairn Energy has announced that it has sold off a stake in its Nova development off the coast of Norway.

read more... 06/08/2019


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