Suggested UK regulations on running power links to Europe have raised the chances of setting up the first power connection between Britain and Norway, according to the statement made on Monday by Norwegian power grid company Statnett.
read more... 27/05/2014
On Wednesday, work at a gas field off Norway should start, leading to a cut in production of 18 million cubic metres per day rather than an expected 26 mcm per day, as published by the gas system operator Gassco on its website.
read more... 23/04/2014
Royal Dutch Shell has abandoned one of Norway's major and most modern industrial projects because of increasing costs and intricacy, facing a blow to equipment expected to develop offshore production.
read more... 14/04/2014
A new gas and oil discovery has been made by Norwegian oil major Statoil in the northern part of the North Sea, about 10 kilometers of the Valemon gas and condensate field presently under development, as stated by the company on Friday. It is the second substantial finding off Norway in two days.
read more... 14/04/2014
Finnish utility Fortum declared on Wednesday it intends to vend its Norwegian electricity distribution business and its share in Fredrikstad Energi and Fredrikstad Energi Nett to Hafslund based in Norway.
read more... 09/04/2014