Norway | Egypt Oil & Gas - Part 5

ConocoPhillips Announces New Gas Discovery in Norway

American supermajor, Conoco Phillips, has announced a new significant gas condensate discovery in Norway.

Equinor Aims For Net-Zero Emissions by 2050

Equinor has announced its ambition to become a net-zero energy company by 2050.

Norway Reaches Agreement to End Labour Strike

Norwegian oil firms have come to an agreement to sort out the wage dispute that has wreaked havoc through the Norwegian oil market for the past ten days.

Norway Gas Exports to Europe Rise Despite Oil Strikes

Norwegian gas supplies rose to Europe in the midst of a workers’ strike that has seen oil production decrease by 8%.

Norway Strikes Threaten to Curtail Norway’s Output by 8%

Norwegian oil workers expanded their ongoing strike on Monday, leading to the potential shutting off of oil and gas production at six offshore fields.

Equinor Discovers Large Quantities of Oil, Gas in Swisher Prospect

Equinor and its license partners Petoro AS and Wellesley Petroleum AS have found 2-6 million standard cubic meters of oil equivalent of oil and gas in the Swisher prospect.

Equinor to Drill New Wells to Ensure Safe Production at Martin Linge Field

Norwegian state-run oil and gas company, Equinor, has completed an in-depth analysis of the wells drilled at Martin Linge and found that several wells do not have the necessary barriers

Norway Cuts Production by 120,000 bbl/d in July

Norway’s government has released the official production figures for the Norwegian Continental Shelf in July, showing a 120,000 barrels of oil per day (bbl/d) reduction compared to the reference production.

Brooge Energy Subsidiary Contemplating New Senior Secured Bond Issue

Brooge Energy Limited, a midstream oil storage and Service provider in the United Arab Emirates (UAE), has announced its intention to invest up to $325 million in the Nordic bond market.

Saipem to Resume Drilling of Scarabeo 8

Italian multinational oilfield services company Saipem will restart drilling activities in Norwegian waters following the postponement of activities due to the COVID-19 pandemic.

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