Norwegian energy company Statoil said Monday it expected some economic spillovers would come from support centers for its Johan Castberg field. The company said the northern port city of Hammerfest, Continue Reading
Crude oil production from Norway, the region’s top supplier, was better than expected, a national energy regulator said Wednesday. Norway is a main oil and natural gas supplier for the Continue Reading
5 Norwegian oil and gas fields will shut down production unless a wage deal is agreed with the Lederne trade union, an industry lobby group says. OSLO, June 9 (Reuters) Continue Reading
The estimated amount of undiscovered oil and gas in the Norwegian waters of the Barents Sea is likely twice what was previously assumed, the government said. Apart from Russia, Norway Continue Reading
The Norwegian Petroleum Directorate (NPD) said on Tuesday that its latest estimates show that the undiscovered oil and gas resources in the Barents Sea are twice as large as previously Continue Reading
Grade’s premium to Dubai oil has lowest close in seven years Smaller gap makes Brent more attractive to Asian refineries North Sea oil is flooding into Asia like never before Continue Reading
Norwegian government says there’s more oil than initially estimated in the Edvard Grieg field in the North Sea. Map courtesy of the Norwegian Petroleum Directorate. April 24 (UPI) — Results Continue Reading
Norway’s Statoil on Monday played down concerns that drilling in the Arctic is risky, days before it kickstarts its drilling campaign in the Barents Sea, where the country believes around Continue Reading
Most industrial managers expressed optimism about the pace of the economy, though oil and gas suppliers were less convinced, Norway’s government said. Norway is a leading oil and gas supplier Continue Reading
Norwegian energy company Statoil can spend the next month or so drilling an exploration well in a prospect in the Barents Sea, the government said. “Statoil is the operator for Continue Reading
