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Norway Overview

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Shell moves to water injection in US Gulf of Mexico
NEWS
USA - August 15, 2024

Shell has announced a waterflooding project to boost volume capacity at the Vito field in the US Gulf of Mexico.

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Equinor exits Suriname, with ExxonMobil also leaving block
NEWS
Suriname - August 07, 2024

Equinor has exited Suriname as it and ExxonMobil transferred stakes in Block 59 to Hess.

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Vår Energi and Eni extend gas delivery deal
NEWS
Multinational - July 02, 2024

Vår Energi has extended a long-term agreement to deliver natural gas to Eni by an additional 12 years.

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TGS, PGS merger creates seismic mega-player
NEWS
Norway - July 01, 2024

The USD 862-million merger between Norwegian geophysical companies TGS and PGS has been completed.

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Vår Energi reports major North Sea oil and gas discovery
NEWS
Norway - June 27, 2024

Vår Energi has confirmed recoverable resources of up to 39 million boe at a well in Norway's North Sea.

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SLB OneSubsea wins contract for Equinor’s electric subsea project
NEWS
Norway - June 27, 2024

SLB OneSubsea has won a contract to provide FEED for Equinor's all-electric subsea project at a field offshore Norway.

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SLB OneSubsea wins works on Equinor’s Troll project
NEWS
Norway - May 27, 2024

OneSubsea has won a "sizeable" contract for Equinor’s Troll project in the North Sea

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Statoil awards maintenance contracts
NEWS
Norway - February 19, 2016

Statoil will sign a contract for insulation, scaffolding and surface treatment upkeep with France’s maintenance firm Prezioso Linjebygg, the Norwegian energy firm…

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Statoil awards Technip contracts
NEWS
Norway - February 11, 2016

Technip has been handed contracts for the fabrication and installation of infield pipelines on two projects on the Norwegian North Sea by Norway’s Statoil, the French…

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Lundin to axe spending
NEWS
Sweden - January 29, 2016

Lundin Petroleum will cut spending by about a quarter compared to last year, the Swedish oil producer announced today.

The company’s development budget for 2016 is…

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OMV records loss in Q4
NEWS
Austria - January 29, 2016

OMV recorded around €1.5 billion in write-downs in its upstream ventures and €300 million in downstream operations in Q4, the Austrian oil and gas group reported…

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BP axes one-fifth of employees in Norway
NEWS
Norway - January 28, 2016

BP plans on axing almost one-fifth of its employees in Norway, the super-major announced to its employees at a meeting yesterday.

By 2017, 210 positions should be…

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Lundin spuds Fosen prospect
NEWS
Sweden - January 25, 2016

Drilling has begun on well 16/4-10 on the Fosen prospect, Sweden’s independent Lundin Petroeum announced Monday.

The semi-submersible Island Innovator will test…

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Statoil to develop Johan Castberg
NEWS
Norway - January 20, 2016

Statoil is putting forward USD 7 billion to develop its Johan Castberg oilfield, Norway’s largest oil company said on Tuesday.

The Arctic project will proceed…

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Seadrill delays DSME drillships
NEWS
Norway - January 15, 2016

Seadrill has delayed the delivery of two ultra-deepwater drillships from the shipyard, the Norwegian offshore drilling company announced today.

South Korea’s…

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