Tag: Norway
Hybrid or EVs make up over half new car sales in Norway
EVs exempted from almost all taxes in Norway Reuters reports that sales of hybrids and EVs in Norway in 2017 rose to over half the new registrations in the Scandinavian, oil-rich country. According to data released on Wednesday by the Norwegian Road Federation (OFV), pure electric cars and hybrids accounted for 52 per cent of […]
Calgary, Norwegian universities team up on carbon capture, enhanced oil recovery
University of Calgary and Norway exchange students to enhance research Carter Dziuba conducted energy research this summer in Norway – after completing his graduate degree at the University of Calgary – under a new partnership between the university and the Norwegian University of Science and Technology (NTNU), according to a press release. He worked with Reidun Aadland, […]
Are North Sea cost reductions here to stay?
More front-end supplier involvement would help to stimulate the next wave of investment Much has been achieved in the past year, as we see prices and costs slowly turning around. But there is more work to be done. Wood Mackenzie’s 2016-2017 Global Upstream Cost Survey showcases the North Sea cost evolution from 2014 to 2020. The […]
Oil/gas in Norway: A pioneering carbon approach that works
Norway’s approach demonstrates that carbon price alone will not drive change The climate debate within the industry is over – petroleum-producing nations and upstream companies must act to reduce their carbon emissions, according to analysis by Wood Mackenzie. Wood Mackenzie assesses the lessons that can be learned from Norway’s long-standing cost on carbon. In the wake […]
Exxon Mobil to extend Norway’s Sigyn field lifetime until end-2022
Exxon holds 40 per cent stake in Sigyn field OSLO, Feb 24 (Reuters) – Norway’s Petroleum Safety Authority has granted consent to operator Exxon Mobil to extend the lifetime of its Sigyn field offshore Norway until end-2022, the safety watchdog said on Friday. The gas and condensate field around 12 kilometres south-east of the Statoil-operated Sleipner […]
Statoil exploration chiefs sees more drilling offshore U.S., Russia
Statoil looking to drill between five to seven wells in Barents Sea in 2017, 2018 By Nerijus Adomaitis LONDON, Feb 7 (Reuters) – Norway’s Statoil will probably continue with its exploration work offshore the United States, despite an unsuccessful campaign so far, and is also expecting to undertake more drilling in Russia, the company’s exploration […]
Oslo trash incinerator shows promise in climate change test
Oslo trash incinerator costs very high By Alister Doyle OSLO, Jan 31 (Reuters) – The Oslo trash incinerator has shown promising results in the world’s first experiment to capture greenhouse gases from the fumes of burning rubbish as a new way to slow climate change, officials said on Tuesday. If built at full scale, however, the […]
Aker BP chief aims to make more oil acquisitions
Aker BP chief aims to make more oil acquisitions -CEO OSLO, Jan 16 (Reuters) – Norwegian oil firm Aker BP continues to seek mergers and acquisitions, Chief Executive Karl Johnny Hersvik told an investor conference on Monday. The company, owned 40 per cent by Norway’s Aker ASA and 30 per cent by BP, prefers oil-related […]
Norway oil and gas production forecasts raised
Norway oil and gas production up, industry investments down in 2017 STAVANGER, Norway, Jan 12 (Reuters) – Norway oil and gas output will be higher than previously expected in 2017 and 2018 following above-forecast output last year, the Norwegian Petroleum Directorate (NPD) predicted on Thursday. At the same time the regulator cut its forecast for the industry’s […]
Statoil says Sture oil terminal accident nearly killed staff
Five people, including two high school placement students injured in Sture oil terminal accident OSLO, Dec 21 (Reuters) – An accident in October at Statoil‘s Sture oil terminal on the west coast of Norway, was highly serious and almost resulted in fatalities, the company said in a report on Wednesday. Last month Norway’s government said […]
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