Norway

Norway

Shell explores sale of a Norwegian natural gas business

Royal Dutch Shell Plc is in talks to sell its Norwegian natural gas supplier Gasnor, according to people familiar with the matter, as the energy major continues to selectively dispose of assets.

Norway

Neptune Energy hits oil at Dugong

Neptune Energy and its partners today announced the commercial discovery of oil at the Dugong well (PL882) in the Norwegian sector of the North Sea, the largest discovery in Norway so far this year.

North Sea

The current challenges for the UK and Norway in the face of Covid-19

The world has been transformed in the past month since the COVID-19 pandemic took hold. The dramatic impact of COVID-19 on global oil demand and has been compounded by Saudi Arabia and Russia failing to agree production cuts to stabilise oil prices. With Brent trading well below US$30/bbl the resilience of the sector is once again being pushed to its limit. What does this mean for the UK and Norway upstream sectors?