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Southern Norway seen tipping into power deficit by 2026

Norway's power production surplus is expected to fall significantly by 2026, with the south of the country moving into deficit owing to rapidly increasing demand, power grid operator Statnett said on Friday.

read more... 13/12/2021

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Norway oil firms raise 2022 investment forecasts

Oil and gas firms in Norway have increased their 2022 investment forecasts during the last three months as the industry prepares to take advantage of tax incentives designed to boost activity, a national statistics office (SSB) survey showed on Thursday.

read more... 19/11/2021

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Equinor plans $8.8 bln development of world's northernmost oilfield

Norway's Equinor (EQNR.OL) said on Wednesday it plans to invest up to 75 billion Norwegian crowns ($8.80 billion) to develop the Wisting petroleum discovery, set to become the world's northernmost oilfield.

read more... 11/11/2021

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Eni to buy stake in 1.2-GW Dogger Bank C offshore wind project

Italian oil-and-gas major Eni SpA (BIT:ENI) has entered into agreements with Norway’s Equinor ASA (NYSE:EQNR) and UK’s SSE Renewables to acquire a 20% stake in the 1.2-GW Dogger Bank C offshore wind project in UK waters, the trio said in separate announcements on Tuesday.

read more... 03/11/2021

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Equinor makes its 6th Norwegian oil discovery of 2021

Equinor (EQNR.OL) has made an oil discovery estimated to hold up to 62 million barrels of crude off the coast of Norway, the energy major said on Monday.

read more... 02/11/2021

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