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Norway Set To Accelerate Arctic Oil And Gas Drilling

Companies operating in the Norwegian Continental Shelf are planning for more drilling in the Arctic areas in the Barents Sea, encouraged by Norway’s government which wants more oil and gas discoveries to boost energy security and help European partners with energy supply.

read more... 04/05/2023

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Norway plans to offer record number of Arctic oil, gas exploration blocks

Norway on Tuesday said it plans to offer energy firms a record number of oil and gas exploration blocks in the Arctic as it seeks to prolong its hydrocarbon production, while green campaigners criticised the risk to the environment.

read more... 26/01/2023

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Eni's Vaar Energi makes Arctic gas discovery

Norway's Vaar Energi, majority owned by Italy's Eni, said on Friday it had made a gas discovery near the Goliat field in the Arctic Barents Sea, supporting the group's long-term plans to expand in the area.

read more... 26/12/2022

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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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Norway to close its last Arctic coal mine in 2023

Norway's state-owned coal company will close its last mine in the Arctic Svalbard archipelago in 2023, it said on Thursday, causing the loss of 80 jobs and ending 120 years of exploitation.

read more... 01/10/2021

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