358 results found for 'ormen lange'

358 results found for 'ormen lange'
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  • Statoil: Subsea Gas Compression to Increase Asgard Production (Norway)

    16 August 2011

      The partners in the Åsgard licences have today submitted a plan for development and operation (PDO) of subsea gas compression to maintain production from the Mikkel and Midgard reservoirs. Øystein Michelsen, Statoil’s executive vice president for Development and Production Norway (DPN), presented the PDO to Ola Borten Moe, Norway’s minister for petroleum and energy. […]

  • Wintershall Dea sheds infrastructure assets in Norway to focus on upstream

    1 October 2019
    Business & Finance

    Wintershall Dea has agreed to sell its 5.0304% interest in the Nyhamna terminal to CapeOmega and its 13.255 % interest in the Polarled pipeline to Solveig Gas Norway.

  • DONG Has Offshore Wind in Its Sails

    29 October 2015
    Business & Finance

    DONG Energy’s earnings were 14% higher in the first nine months of 2015, compared with the same period last year, the company reported today in its interim financial report for 9M 2015. DONG said earnings (EBITDA) were up by 14% in the first nine months from DKK 13.0 billion (approx. EUR 1.7 billion) in 2014 to DKK 14.8 billion (approx. […]

  • WoodMac: ExxonMobil’s sale of Norwegian assets has potential to be biggest deal since 2006

    24 June 2019
    Business & Finance

    ExxonMobil is reportedly looking to sell all off its assets in Norway. The move has the potential to be Norway’s biggest sale since 2006, according to energy intelligence group Wood Mackenzie. 

  • Norway: Aibel Bags USD 1 bln Draugen Deal from Shell

    28 February 2012
    Business & Finance

    A/S Norske Shell has awarded Aibel AS a contract for modifications to the Draugen platform. The contract value is estimated at around NOK 6 billion (USD 1.07 billion).  The contract will run for six years and has options for an additional two plus two years. “This is fantastic. Norske Shell is a new customer for […]

  • NPD: Norway’s recoverable oil resources drop

    3 March 2015

    The Norwegian Petroleum Directorate has issued its resource accounts for the Norwegian continental shelf as of December 31, 2014. The NPD’s resource accounts estimate the total recoverable petroleum resources to be 14.1 billion standard cubic meters (Sm3) of oil equivalents (o.e.). This represents a slight decline from 2013. 6.4 billion Sm3, or 45 per cent of […]

  • Maersk, DONG oil and gas merger talks stall over price – sources

    14 December 2016

    Talks between shipping group A.P. Moller-Maersk and DONG Energy to merge their oil and gas business have stalled after the two Danish firms could not agree on a price, industry and banking sources said on Wednesday.

  • Hystar secures more than $36 million to fast-track electrolyzer deployment

    13 May 2025
    Business & Finance, Business Developments & Projects, Research & Development, Technology

    Norwegian high-tech hydrogen company Hystar has raised more than $36 million in its Series C funding round to accelerate the commercial scale-up of its electrolyzers.

  • Norway: Statoil Selects Spar Platform to Develop Luva Field

    31 January 2012
    Business & Finance, Equipment, Operations & Maintenance

    Statoil, together with its Luva field partners, has selected a Spar platform to develop the field. As a gas transport solution has also been decided, a major step has now been taken towards deep-water production in the Norwegian Sea. The Luva field, which is a deep-water pioneer in the Norwegian Sea, may be the first […]

  • Norway: Mature Offshore Fields Call for Quick Action, Petoro Says

    28 October 2011
    Business & Finance

    A strong cash flow to the government and strong additions to oil and gas reserves are highlights of Petoro’s accounts for the State’s Direct Financial Interest (SDFI) for the third quarter of 2011. Net cash flow in the first nine months was NOK 97.3 billion, up 18.8 bn from the same period last year. The […]

  • NPD: Norway’s Recoverable Resources Increased

    1 March 2013
    Business & Finance

    The Norwegian Petroleum Directorate’s (NPD’s) resource account shows that the total recoverable petroleum resources are estimated at 13.6 billion standard cubic meters of oil equivalents (scm o.e.). New areas for southeastern Barents Sea and Jan Mayen are not included in the petroleum resource account with updated figures as of 31.12.2012. The main trends in the […]

  • Polish player to deliver more US-sourced LNG to Ukraine

    24 April 2025
    Business Developments & Projects, Project & Tenders

    Poland’s Orlen Group has signed an agreement with Ukraine’s Naftogaz for the delivery of liquefied natural gas (LNG) from the United States.

  • HitecVision rids of CapeOmega for $1.4 billion

    23 April 2019
    Business & Finance

    HitecVision has sold its portfolio company CapeOmega, a Norwegian oil & gas and midstream infrastructure company, to Partners Group in a transaction that values CapeOmega at about EUR 1.2 billion ($1.35 billion).  

  • Power from shore for nearly half of Norwegian oil and gas production

    26 June 2020
    Authorities & Government, Business & Finance, Business Developments & Projects, Equipment, Exploration & Production, Innovation, Regulation & Policy, Research & Development, Technology

    Almost half of the Norwegian petroleum production will soon be run on power from shore as the companies are considering multiple electrification projects that could reduce emissions considerably.

  • ExxonMobil sells Norway offshore fields to Vår Energi for $4.5 billion

    27 September 2019
    Business & Finance

    ExxonMobil has agreed to sell its offshore oil field interests in Norway to Vår Energy for $4.5 billion

  • LNG shipping platform finds new owner

    8 May 2025
    Business Developments & Projects

    Global alternative asset manager Apollo has signed a deal with HitecVision, an investor in the European energy industry, to acquire the maritime liquefied natural gas carrier (LNGC) infrastructure platform Hav Energy LNG through its managed Apollo Funds.

  • LNG terminal electrification moving forward as contractor gets shore connection job

    5 May 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    KN Energies (KN), former Klaipedos Nafta, has picked a contractor for engineering, procurement, and construction (EPC) works related to its LNG terminal electrification project on Lithuania’s Kiaulės Nugara Island.

  • WATCH: Odfjell rig all spruced up for 5-year North Sea gig with Aker BP

    30 April 2025
    Business Developments & Projects, Operations & Maintenance

    A semi-submersible rig forming part of Odfjell Drilling’s fleet has undergone maintenance ahead of its contract with Aker BP in the North Sea.

  • Faroe Petroleum Becomes Operator of Two NCS Blocks

    22 January 2014

    Faroe Petroleum has been awarded 10 new prospective exploration licences, including two operatorships, under the 2013 Norwegian APA (Awards in Pre-defined Areas) Licence Round on the Norwegian Continental Shelf. These 10 licences equate to the largest number awarded in this APA round, equal with Centrica and Statoil. Northern North Sea The Company has been awarded […]

  • Faroe Petroleum Awarded 10 New Exploration Licences Off Norway

    22 January 2014
    Business & Finance, Operations & Maintenance

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announces that it has been awarded 10 new prospective exploration licences, including two operatorships, under the 2013 Norwegian APA (Awards in Pre-defined Areas) Licence Round on the Norwegian Continental Shelf. […]

  • GE Oil & Gas Announces New Projects and Products

    28 January 2013
    Business & Finance, Equipment

    GE Oil & Gas today announced new global projects and product launches as part of its ongoing commitment to key growth regions, technology development and helping customers optimize their efficiency. The investments and projects span a range of sectors including subsea, gas compression and enhanced oil recovery. “These announcements underscore GE Oil & Gas’ commitment […]

  • GE Oil & Gas Launches New Products

    28 January 2013

    GE Oil & Gas announced new global projects and product launches as part of its ongoing commitment to key growth regions, technology development and helping customers optimize their efficiency. The investments and projects span a range of sectors including subsea, gas compression and enhanced oil recovery. “These announcements underscore GE Oil & Gas’ commitment to […]

  • LNG newbuild pair joining Polish player’s chartered fleet

    4 April 2025
    Business Developments & Projects, Vessels

    Knutsen LNG, part of Norwegian shipping company Knutsen, has taken over a liquefied natural gas (LNG) carrier from HD Hyundai Samho Industries’ shipyard in South Korea to deliver it to its new charterer, Poland’s Orlen.

  • Ukraine stocking up on US LNG thanks to deal with Orlen

    19 March 2025
    Business Developments & Projects, Project & Tenders

    Poland’s Orlen Group has signed a liquefied natural gas (LNG) supply contract with Ukraine’s state-owned energy company Naftogaz.

  • Norway, The Biggest Oil Producer in Western Europe

    5 August 2010

    In 2009, crude oil, natural gas, and pipeline transport services accounted for almost 50 percent of Norway’s exports value, 22 percent of GDP, and 27 percent of government revenues according to the Norwegian Petroleum Directorate. Although Norway’s oil production peaked in 2001 at 3.42 million barrels per day (bbl/d) and has declined to reach 2.35 […]