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 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
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
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 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