Latest news
Statoil confirms a massive pre-salt oil discovery offshore Brazil
The Norwegian oil company Statoil confirmed today that it has made a significant discovery offshore together with operator Repsol Sinopec and partner Petrobas.
read more... 27/02/2012
Statoil increases offshore gas reserves at its Snøhvit field
The Norwegian oil giant, Statoil is boosting the volume of gas reserves believed to be contained in its Snøhvit offshore field in the Barents Sea.
read more... 31/01/2012
Norway granted 60 oil production licenses in mature fields
The Norwegian government has decided to award 60 production licenses to 42 oil companies in the Awards in Predefined Areas round for 2011 (APA 2011), while 27 of them were granted operatorships.
read more... 18/01/2012
Statoil makes a new major oil discovery in Barents Sea
The Norwegian oil giant, Statoil has made an important oil discovery at its Havis prospect in the Barents Sea, being the second major oil find in less than a year.
read more... 11/01/2012
UK renewable sector sees crash in investments
The development of new renewable capacity fell significantly this year following a “dash gas” policy of the big six British energy suppliers that could damage UK’s climate change targets and keep households bills up. UK’s offshore wind market underwent a strong decline this year with only 540 MW of new onshore and offshore installed capacity, comparing to 1, 192 MW installed last year.
read more... 06/12/2011