Norwegian energy company Statkraft has acquired two wind farms at an advanced stage of development in Brazil with a combined capacity of about 660MW.
read more... 11/10/2019
Equinor and its partners have started production from the phase 1 of the NOK124bn ($13.63bn) Johan Sverdrup project in the Norwegian part of the North Sea.
read more... 07/10/2019
Crude oil prices continued to decline on Monday, amid receding worries over tighter supply and tensions in the Middle East after the last month’s attacks on Saudi’s oil sites. Uncertainty over U.S.-China trade negotiations added pressure on prices. Against that backdrop, Brent crude fell by 1.8% to $60.78 a barrel, posting the biggest 8.7% loss since the fourth quarter 2018. WTI futures dipped by 3.3% on a daily basis to end at $54.07 a barrel, plunging by 7.5% for the quarter.
read more... 01/10/2019
Equinor and its partners AkerBP and Wellesley Petroleum have found gas in the Ørn exploration well south-west of the Marulk field in the Norwegian Sea.
read more... 18/09/2019
The Snefrid Nord gas field in the Norwegian Sea has been developed with an investment of £110m as a tie back to the Aasta Hansteen gas field
read more... 05/09/2019