Investment News in Norway

Kerogen Capital Invests in Norway-Based Pandion Energy
1/31/2017 - Kerogen Capital has made an initial commitment of US$100 million to Pandion Energy AS (Pandion Energy), an exploration and production company focused on the Norwegian Continental Shelf (NCS). Pandion ...
EU plus Norway Stock Movements - September 2016
EU plus Norway Stock Movements - September 2016 10/10/2016 - Preliminary data for July shows total European stocks drop slightly by 0.6 mb following a stock draw of 13.2 mb in June. At 1,158.2 mb, they are 51.9 mb, or 4.7%, above the same time a year ago and 80...
EU plus Norway Stock Movements - August 2016
EU plus Norway Stock Movements - August 2016 8/29/2016 - Preliminary data for June shows a total European stock draw of 6.8 mb, reversing the previous month’s build of 11.6 mb to stand at 1,165 mb. At this level, they are 52.3 mb, or 4.7%, above the same ti...
Norway Development Costs Cut by Nearly Half
8/29/2016 - The price tag for developing a field on the Norwegian shelf has declined by an average of more than 40 per cent since the autumn of 2014, according to the NPD's analysis of eight planned developments ...
Statoil Launches USD 200m New Energy Investment Fund
2/16/2016 - Statoil launches a new venture capital fund dedicated to investing in attractive and ambitious growth companies in renewable energy, supporting its strategy of growth in new energy solutions. ...
Seacrest Announces Investment in OKEA AS
9/30/2015 - Seacrest Capital Group have partnered with OKEA AS, a new oil and gas development and production company that is headquartered in Trondheim, Norway. OKEA will focus on developing discovered oil and ga...
Lundin Petroleum Secures NOK 4.5 Billion Financing
4/30/2015 - Lundin Petroleum secures NOK 4.5 billion financing Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its subsidiary Lundin Norway AS (Lundin Norway) has secured a NOK 4.5 billion Expl...
More Than $150 Bln of Oil Projects Face The Axe in 2015
12/5/2014 - Global oil and gas exploration projects worth more than $150 billion are likely to be put on hold next year as plunging oil prices render them uneconomic, data shows, potentially curbing supplies by t...
Snorre 2040 Project Schedule Adjustment
Snorre 2040 Project Schedule Adjustment 12/1/2014 - The Snorre partnership has decided to adjust the schedule for the ongoing Snorre 2040 project by postponing the planned date for DG2 from March 2015 to October 2015.

There is no change in t...
$18.5 Trillion Will Be Needed in O&G Investment to Meet Future Demand
11/17/2014 - "The scale of the climate challenge requires us not only to ask how we can do more, but how we can achieve the most. Climate change doesn’t stop at borders – and neither should our solutions,” says...
Statoil Says May Delay Investment Decision at Snorre Field
3/20/2014 - Norway's Statoil may delay an investment decision on increasing recovery of oil and gas at major North Sea field Snorre as it seeks to bring costs down after a tax hike last year, a senior company exe...
Norway Looking at Reducing Costs in Oil Sector
12/4/2013 - Norway's new government is looking at measures to reduce rising costs in the oil and gas sector as well as tax incentives for energy firms that boost the rate of recovery at offshore fields, the oil a...

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