Norway | Egypt Oil & Gas - Part 7
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, according ...
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 that its wholly-owned subsidiary, Brooge Petroleum and Gas Investment Company FZE (BPGIC), is pursui...
Saipem to Resume Drilling of Scarabeo 8
Italian multinational oilfield services company, Saipem, will restart drilling activities of the Scarabeo 8 in the Norwegian waters following the postponement of activities due to the COVID-19 pandemic, according to a... 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%, according to a press release. Production figures for June were preliminary predicted ...
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 195 B in the North Sea locate...
Norway Resumes Investment in Brazil’s Petrobras
Norway has reverted the country’s decision to prevent Norway’s largest pension fund, KLP, to invest in Brazil’s state-run Petrobras, according to Reuters. Norway had prevented investment in the Brazilian oil co... 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, according to a press release. As per the agreement, work will be done on overhaul, replaceme...
Neptune Makes New Hydrocarbon Discovery at North Sea
Neptune Energy has announced a new hydrocarbon discovery at the Dugong well (PL 882) in the Norwegian sector of the North Sea, according to a press release issued by the company. The company declared that the operatio...
