Latest news

Green light to Lundin for Barents Sea wildcat

The Norwegian Petroleum Directorate has granted Lundin Norway a drilling permit for a well in the Barents Sea offshore Norway.

read more... 19/02/2020


Belarus starts importing oil from Norway

Belarusian Oil Company (BOC) has bought a batch of Norwegian oil from Johan Sverdrup with delivery to the Lithuanian port of Klaipeda, reports the Reuters agency.

read more... 21/01/2020


Daily (16.01.2020): British spot gas down 1.9% on robust wind output, healthy flows from Norway

Oil prices declined slightly on Wednesday after the release of a report showing a sharp increase in refined products in the United States and a rally in black gold production to a record level. However, the losses were curtailed by the signature of the Phase 1 U.S.-China trade agreement.

read more... 16/01/2020


Saipem nets $1.7B in drilling contracts

Saipem on Friday said that the contracts related to the offshore drilling division concern activities to be executed in Norway and in Angola. Apart from sharing the regions where the projects will be carried out, the company did not provide any further info on the offshore drilling contracts.

read more... 30/12/2019


Aquila completes acquisition of 400-MW Norwegian wind project

Hamburg-based investor Aquila Capital on Friday said it had completed the acquisition of the company that holds all the rights to the 400-MW Oyfjellet onshore wind project in Norway from Swedish wind project developer Eolus Vind AB.

read more... 26/12/2019