Weg

Oil&Gas Drilling

ConocoPhillips Receives Consent to Use Valaris rig for Ekofisk Wells

Oil and gas exploration company ConocoPhillips has received consent from the Norwegian offshore safety watchdog Petroleum Safety Authority (PSA), to use a Valar…

Oil&Gas Drilling

Saipem and Equinor Sign Major Engineering Services Pact

Norwegian energy firm Equinor has awarded Italian oilfield service company Saipem a two-year frame agreement to provide engineering services globally.

Nuclear Power Plant

Norwegian Reactor Dismantling to Cost Almost USD2 Billion

The decommissioning of Norway's shut down research reactors at Halden and Kjeller will cost around NOK20 billion (USD1.96 billion) and take 20-25 years, accordi…

Oil&Gas Drilling

Fenja, Neptune's First Operated Development Project on the Norwegian Shelf

On April 28, Neptune Energy announced the drilling campaign on the Fenja field is now underway.

Oil Price

Equinor Cuts First-Quarter Dividend by 67% Amid Oil Price Crash

Norwegian oil firm Equinor (EQNR.OL) will cut its quarterly dividend payment by two-thirds as part of an effort to preserve cash amid the collapse in crude pric…

Floating Offshore Wind

Norwegian Authorities Approve Equinor's Hywind Tampen Wind Farm Plan

Norway's Ministry of Petroleum and Industry has approved Equinor’s plans to build and operate the Hywind Tampen floating offshore wind farm, situated in the No…

Statkraft Stalls Hydro and Wind Projects Due to Coronavirus

Norwegian energy company Statkraft has put three construction projects on hold due to the COVID-19 outbreak.

Offshore Wind Power

Norwegian Investor Buys Into 500MW Offshore Wind Farm

Norway-based investor Magnora has finalised a deal to take a 5% stake, with an option to rise to 50%, in an unnamed 500MW offshore wind farm that is under-devel…

Solar Power Panel

Europe Puts Focus On Floating Solar & Agrivoltaics

Norwegian oil giant Equinor is partnering with Saipem, an Italian oil and gas contractor which is 30% owned by Italian energy company Eni. Together, they will j…

Wind Farm

Nordics' First Airborne Wind Energy Farm on Track 'for 2021' After Takeover

Norwegian airborne wind energy company Kitemill has bought the intellectual property assets of Scotland’s Kite Power Systems (KPS), as it ramps up plans to set…

Liquid Hydrogen

Norwegian Company Partnership to Launch Liquid Hydrogen Fuel Cell Cruise Ship

​In a world’s first, a cruise vessel will be retrofitted for the renewable power source.

NIB Provides Loan to Finance Norwegian Hydropower Project

Nordic Investment Bank (NIB) is set to provide an Nkr600m (€59.39m) loan to finance Agder Energi’s Åseral Nord hydropower project along the Mandal watercours…

Wind Power Project

SSE, Equinor Begin Construction on 3.6GW Dogger Bank Offshore Wind Farm

SSE Renewables and Norwegian energy company Equinor have started construction of the 3.6GW Dogger Bank offshore wind farm to be located 130km off the North East…

Electric Vehicle Charging

Norway Strongly Opposes The New Rates As EV Charging Prices Higher Than Petrol

A hike in electric car charging rate has drawn backlash from the Norwegian electric car association Norsk Elbilforenig, which says the new rates make powering a…

Oil&Gas Drilling

Huge New Field Sends Norway’s Oil Production To 9-Year-High

The start-up of the massive Johan Sverdrup oilfield sent Norway’s oil production rising to a nine-year high in December 2019, beating the authorities’ forecas…