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“Disgraceful” wind power tax to lift Norway prices

Investment firm Prime Capital has slammed Norway’s plans to introduce a retroactive ground rent tax for wind power which it says will deter investment in renewables and lead to higher electricity prices.

read more... 24/11/2022

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Equinor and partners to invest $1.44 bln in Arctic gas field

Norway's Equinor and its partners on Tuesday said they would invest 14.8 billion Norwegian crowns ($1.44 billion) in developing the Irpa gas discovery in the Norwegian Sea.

read more... 23/11/2022

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Equinor starts production at Norwegian floating wind farm

The Hywind Tampen floating offshore wind farm off the west coast of Norway, which will supply power to oil and gas fields and cut their emissions, started producing its first power on Sunday, Norwegian energy firm Equinor said on Monday.

read more... 14/11/2022

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Commerzbank, Norsk Hydro to invest 600 mln euro into 1 GW of Danish solar

A joint venture of subsidiaries of Germany's Commerzbank and Norway's Norsk Hydro will invest 600 million euros ($599 million) to build 1 gigawatt (GW) of solar capacity in Denmark, project developer GreenGo said on Tuesday.

read more... 08/11/2022

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Aker BP sees Sverdrup oilfield's second phase starting early December

Norway's giant Johan Sverdrup oilfield is expected to start Phase 2 production in early December, Aker BP, a partner in the Equinor-operated field, said on Wednesday, later than its previous forecast of October.

read more... 27/10/2022

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