Post Tagged with: "Norway"

Value of Norway’s Oil and Gas Fields Down 34%

Value of Norway’s Oil and Gas Fields Down 34%

Natural gas “is the single most important driver” in the $50 billion decline in the value of Norway’s oil and gas assets

Low oil and gas prices have hit Norway hard, according to the country’s government. The value of Norway’s …

BP’s $1.3 Billion Norway Spinoff Results in Europe’s Largest Independent E&P

BP’s $1.3 Billion Norway Spinoff Results in Europe’s Largest Independent E&P

BP mergers Norway assets Det Norske for $1.3 billion

London-based BP (ticker: BP) announced that it will spin off its Norwegian oil and gas fields, combining them in a new, publicly traded company with Norwegian firm Det Norske Oljeselskap ASA. …

European Strikes Could Affect Entire Oil & Gas Supply Chain

European Strikes Could Affect Entire Oil & Gas Supply Chain

Oil refinery strikers take their toll on French gas stations ahead of the European Soccer Championship

A bill passed by French President Francois Hollande’s government that would make hiring and firing easier in France has met with strikes from French …

Norway Offers New Acreage on its Continental Shelf for the First Time Since 1994

Norway Offers New Acreage on its Continental Shelf for the First Time Since 1994

2011 treaty opens up new areas of exploration offshore Norway

The Norwegian Ministry of Petroleum and Energy is expected to announce the rewards of the 23rd licensing round on the Norwegian continental shelf (NCS) late in the first half …

Norway Surpasses Russia as Western Europe’s Top Gas Supplier

Norway Surpasses Russia as Western Europe’s Top Gas Supplier

Efforts to cut gas supplies from Russia appear to be working

Norway state-owned gas operator Gassco reported that the country exported 29.2 Bcm of gas to western Europe in the first quarter of the year, overtaking Russian exports to Europe …

May 26, 2015 - 1:11 pm International, Oil and Gas 360 Articles
North Sea Project Begins Production

North Sea Project Begins Production

Det Norske announced today first production from offshore of Norway

Det Norske Oljeselskap ASA, in partnership with Core Energy AS and Lundin Norway AS (ticker: LUPE) announced the production of first oil from their offshore project in the Bøyla field. …

January 19, 2015 - 1:39 pm Offshore, Oil and Gas 360 Articles