Norway | Egypt Oil & Gas - Part 5

Vår Energi Announces New Oil Discovery in Norway’s North Sea 

Vår Energi, a joint venture (JV) company between Eni and HitecVision, has made a new significant oil discovery in the northern North Sea by drilling the exploration well 31/2-22 S in the Blasto Main prospect. 

Baker Hughes, Horisont Energi Sign MoU for Carbon Storage Project

Baker Hughes Company announced that it has signed a memorandum of understanding (MoU) with Horisont Energi company for the Polaris carbon storage project off the northern coast of Norway.

Neptune Energy Starts Drilling Operations in Dugong Well

Neptune Energy along with its partners announced that it has started drilling operations in the Dugong appraisal well in Norweigan sector of the North Sea.

Norway Starts Consultations on 2021 Licensing Round

Norway commenced negotiations on 2021 licensing round offering new blocks for petroleum exploration in the Arctic Barents Sea.

India, Norway Sign Statement of Intent for Establishing Hydrogen Excellence Center

The Indian Oil Corporation has signed a statement of Intent for with the Norwegian Greenstat Hydrogen company for establishing a Center of Excellence on Hydrogen in India.

Equinor Acquires 17 New Production License in Norway

Equinor Company has announced that it is awarded 17 new production licenses by the Ministry of Petroleum and Energy (MPE) of Norway during the 2020 Award in Predefined Areas (APA), ten of which as operator and sev ...

Coretrax Deploys Expandable Liner Technology in Norway for First Time

Coretrax Company announced the first deployment of its expandable liner technology in Norway since its acquisition of Mohawk Energy.

Edison Sells Norway Upstream Assets for $300 MM

Italy’s Edison sold its exploration and production (E&P) assets in Norway to Sval Energi, Norwegian oil and gas group, for $300 million to focus on clean energy.

Norway Approves Final Investment Decision for Northern Lights Project

Norway announced its approval of the final investment decision for the Northern Lights project which will enable shipping, reception and sequestration of CO2 in geological strata in the Northern North Sea, approxi ...

Equinor to Increase Production at Sverdrup to 500,000 bbl/d

The Johan Sverdrup field is set to increase capacity to reach around 500,000 barrels of oil per day (bbl/d), a 30,000 bbl/d increase from its current capacity.

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