Norway | Egypt Oil & Gas - Part 8

Norway to Help Kenya Develop its Oil Sector

Kenya has entered into a long-term 'Oil for Development' program agreement with Norway to develop its local oil sector by providing support in the management of Kenya's natural resources and protection of the environ ...

Norway’s Krone Dropped over Oil, Industrial Production Slump

Norway’s currency, krone has dropped by 1.2 % against the Euro over industrial production slump, and a drop in the Brent crude price.

Norway Gas Pipeline Court Ruling Being Contested

A group of international investors will appeal against a ruling by an Oslo court regarding Norway's decision to cut natural gas pipeline tariffs for the 8,000-km (5,000-mile) Gassled gas pipeline network

Norway Mulls Withdrawals from Oil Fund

As its currency slumps, Norway is considering withdrawing from its massive sovereign wealth fund,

Norwegian Firm Eager to Boost Iranian Recovery Rates

"Iran offers interesting opportunities at such time as international sanctions are removed," announced Norwegian oil firm DNO

Norway’s Economy Follows Oil Price

The economy of Norway is a “train wreck in slow motion,” according to Svenska Handelsbanken AB, reported Bloomberg. Norway is western Europe’s largest oil producer, with hundreds of offshore platforms and fields in t ...

Norway Overtakes Russia as Western Europe’s Top Gas Supplier

Norway has overtaken Russia as western Europe’s top gas supplier, data from state firms shows, indicating the European Union’s drive to reduce its dependence on Russian energy is bearing fruit.

Norway’s Scatec Invests $300 million in Egypt Solar Power

Scatec Solar, a leading solar energy provider, has signed a deal to invest $300 million in Egypt to develop 150 to 200 MW of new solar photovoltaic (PV) projects in the country in the next two to three years, accordi ...

Magseis to Conduct Geological Surveys in Saudi Red Sea

Saudi Arabian Oil Co., the world’s largest crude exporter, is pressing ahead with a project to produce natural gas from the Red Sea by pursuing a geological survey of the area, according to Norway’s Magseis AS.

Permits Issued in Norway for Vega Transfer, Barents Sea Well

Petroleum Safety Authority Norway has sanctioned Wintershall Norge’s use of the subsea production facilities on the Vega field in the Norwegian Sea.

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