Norway | Egypt Oil & Gas - Part 7

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.

Norway’s June Production Figures 4.1% Lower than Expected

Norwegian Petroleum Directorate (NPD) has announced that Norway failed to reach the original production figures for June by 4.1%.

 OKEA Buys Equinor’s Stake in North Sea Licenses

Norwegian oil and gas company, OKEA ASA, has signed a Sales and Purchase Agreement (SPA) with Equinor Energy for the acquisition of Equinor’s 40% operated working interest in PL195 and PL 195B in the North Sea loc ...

Norway Resumes Investment in Brazil’s Petrobras 

Norway re-permits the country’s largest pension fund, KLP, to invest in Brazil’s state-run Petrobras once more.

Equinor Provides Engineering, Installation Services in North Sea

Equinor has awarded APPLY a framework agreement for engineering and installation services on the North Sea Statfjord field.

Neptune Makes New Hydrocarbon Discovery at North Sea

Neptune Energy has announced a new discovery of hydrocarbons at the Dugong well (PL 882) in the Norwegian sector of the North Sea.

Norway to Offer 125 New Arctic Exploration Permits 

Norway, Europe’s largest oil-producing nation, intends to profoundly increase Arctic oil exploration by offering up 125 new oil exploration permits in the Arctic Barents Sea.

Equinor Awards 2 Contracts to TechnipFMC Worth $190 MM 

Norwegian state-run oil company, Equinor, has awarded two contracts to TechnipFMC for pipelaying and subsea installation for three projects on the Norwegian continental shelf (NCS), totalling $189.3 million.

Neptune Energy Starts Drilling Dugong Well

Neptune Energy company announced that it started drilling the Dugong exploration well in the Norwegian sector of the North Sea.

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