Investment News in Norway
| 2/10/2021 - BW Offshore is in advanced discussions related to investment in leading floating offshore wind solutions provider Ideol. BW Offshore announced that the company is in advanced discussions re... |
| 1/4/2021 - Spirit Energy and the other licence partners have decided to invest about £260 million to improve recovery from the North Sea Statfjord East field. The partnership has submitted a written n... |
| 12/28/2020 - Saga Pure ASA has committed to subscribe for NOK 35 million in a private placement of new shares (the “Private Placement”) in Horisont Energi AS. Following the Private Placement Saga will own 11.7% o... |
| 6/11/2020 - Following the publication of the upstream industry’s first quarter results, a Rystad Energy analysis reveals a gloomier investment-budget picture than previously thought. Global spending is now foreca... |
| 5/15/2020 - Equinor, Shell and Total have decided to invest in the Northern Lights project in Norway's first exploitation licence for CO2 storage on the Norwegian Continental Shelf. Plans for development and oper... |
| 3/23/2020 - Aker BP is updating its investment program and financial framework in order to secure additional financial optionality in response to the high uncertainty caused by the COVID-19 crisis. ... |
| 1/7/2019 - The Norwegian authorities have approved the application for start-up of theOda field in the North Sea. Operator Spirit Energy expects start-up in February/March. Total investments for the development ... |
| 10/8/2018 - Equinor has reduced the estimated investments for operated projects in the development phase on the Norwegian continental shelf by some NOK 30 billion since the development plans were submitted to Nor... |
| 8/27/2018 - Norway is already the strongest production country in DEA’s global portfolio. Further growth projects are planned to come on stream from 2020 on. Most important project is the development of the own o... |
| 4/27/2018 - German gas supplier VNG is attracting interest from private equity-backed energy firms including Chrysaor and Point Resources for its Norwegian Norge oil and gas business, which could fetch up to $500... |
| 4/13/2018 - Johan Castberg, Polarled, Aasta Hansteen, Snefrid Nord, Askeladd and the exploration campaign in the Barents Sea; multi-billion investments are lined up. This creates spin-offs. Thanks to the contract... |
| 1/25/2018 - Mime Petroleum AS (together with its subsidiaries referred to as “Mime Petroleum” or “the Company”), a new independent development and production company established earlier this year by Blue Water En... |
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1/15/2018 - During 2017, Aker BP increased its reserves (2P) by a net of 202 million barrels of oil equivalents (mmboe), to a total of 913 mmboe. The company delivered significant growth, while simultaneously cha... |
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11/16/2017 - Preliminary data for September showed that total European stocks fell by 11.8 mb reversing the build of last two months. At 1,133 mb, European stocks were 16.2 mb, or 1.4%, lower than the same time a ... |
| 9/4/2017 - Continued quality in project delivery and execution enables the Johan Sverdrup partnership to further reduce investment costs for the first phase of the development by NOK 5 billion to NOK 92 billion.... |
| 6/26/2017 - Statoil has, on behalf of the licence partners, decided that the Johan Castberg operation will be supported by a supply and helicopter base in Hammerfest and an operations organisation in Harstad. Rec... |
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5/17/2017 - Preliminary data for March shows that total European stocks rose slightly by 0.6 mb following a build of 20.0 mb in February. At 1,159.2 mb, European stocks were 5.1 mb, or 0.4%, lower than the same t... |
| 3/27/2017 - New technology and project improvements trigger new investments on the Njord and Bauge fields in the Norwegian Sea. Statoil, on behalf of the partnerships in the licences, today submits the plans for ... |
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3/23/2017 - Preliminary data for January shows European total stocks rose by 21.5 mb to stand at 1,150 mb, which is 17.9 mb, or 1.5%, lower than the same time a year ago, but remained 52.6 mb, or 4.8%, higher tha... |
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2/13/2017 - Preliminary data for November shows total European stocks fell by 12.8 mb to stand at 1,125.8 mb, which is 12.2 mb, or 1.1%, below the same time a year ago and 46.7 mb, or 4.3%, higher than the latest... |
