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OMV in plans for $6bn initial spend to develop Norway oil discovery

Austria's OMV and partners plan to invest up to $6 billion initially to develop the Arctic Wisting oil find, Norway's northernmost oil discovery, which could start production within a decade, a senior executive said on Wednesday.

read more... 17/01/2019

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Equinor to drill seven new wells at Gullfaks to recover even more resources

Norwegian oil and gas major Equinor and its partners have decided to drill seven new wells at Gullfaks field located offshore Norway and improve oil recovery by 17 million barrels.

read more... 16/01/2019

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Norway’s Oil Production To Fall To 30-Year Low

Despite cost controls, increased efficiency, and higher activity offshore Norway, oil production at Western Europe’s largest oil producer fell in 2018 compared to 2017 and is further expected to drop this year to its lowest level since 1988.

read more... 14/01/2019

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Vestas receives 462 MW of orders in Scandinavia

Vestas Wind Systems announced last week it has received orders for 462 MW of wind turbines to be installed at wind farms in Norway, Sweden and Denmark.

read more... 03/01/2019

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Norway not to halt 288-MW Fosen Vind project

Norway’s energy ministry said Friday it would not be halting construction of Fosen Vind’s 288-MW Storheia wind farm, despite concerns about the turbines’ impact on reindeer herding in the area.

read more... 27/12/2018

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