Latest news

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


Norway seeks to open areas to hold up to 3.5 GW of floating wind

Norway’s Ministry of Petroleum and Energy will consider opening two offshore areas for applications to build floating wind parks with a total potential capacity of up to 3.5 GW, it announced today.

read more... 20/06/2019


Norway powers up its largest onshore wind farm

A 255.6MW onshore wind farm claimed to be the largest in Norway is now up and running.

read more... 13/06/2019