A fifth of North Sea production accounts for half of basin emissions, S&P finds
Most of the oil and gas produced in the North Sea is well below the basin's average for emissions intensity, fresh research has found.
norway
North Sea faces rig market risk as vessels leave for better prospects
Rigs are leaving the North Sea for better prospects elsewhere, leaving a risk to availability as oil and gas projects are expected to ramp up in 2024.
Equinor moving to appoint naval veteran to board
Norwegian energy giant Equinor (OSLO: EQNR) is looking to add a military veteran to its board of directors.
Norway to develop gas find in bid to keep up European flows
Norway will add a new natural gas field in the Norwegian Sea from 2026 in a push to bolster supplies to continental Europe as the EU rushes to replace Russian flows.
Equinor postpones Wisting project investment in what protestors call ‘a victory for the climate’
Equinor (NYSE:EQNR) and its Wisting project partners have decided to postpone the investment decision that was scheduled for next month.
Aker BP set to drill wildcat well in Norweigan North Sea
Aker BP has been granted a drilling permit by the Norwegian Petroleum Directorate (NPD) for a wildcat well in the North Sea.
Nord Stream AG finds ‘technogenic craters’ near Line 1
Nord Stream AG has completed initial data gathering at the location of the pipeline damage on Line 1 in the Swedish exclusive economic zone finding "technogenic craters".
Norway Armed Forces raise readiness to protect energy links
Norway is increasing the readiness of its defense forces and boosting maritime surveillance as it works to secure vital energy links to Europe.
Norway calls for NATO support amid offshore drone fears
Norway's prime minister is calling for support from NATO navies as fears around drone sightings near offshore platforms grow.
Var Energi posts Q3 profits of £1bn, revises Balder X schedule
Norwegian operator Var Energi (OSLO: VAR) has posted pre-tax profits of £1 billion for the third quarter of the year.
Chinese city plans offshore wind farm that could power Norway
A city in southern China is planning an offshore wind farm bigger than all of the power plants in Norway combined.
Equinor launch public consultation for Wisting development
Today Equinor has issued a complementary assessment for the Wisting development in the Norwegian Barents Sea for public consultation.
Drone spotted near Norwegian gas plant
Authorities in Norway are investigating after accounts of a unidentified drone flying over a gas plant in the south-west of the country.
Var Energi warns of production drop after ‘operational issues’
Var Energi (OSLO: VAR) has warned of a production drop and a $260 million exchange rate hit in its upcoming Q3 results.
UK seeks 20-year gas deal with Norway to avoid winter blackouts
The UK is on the cusp of securing a natural gas contract with Norway for as long as 20 years in a bid to stave off the risk of winter blackouts, people familiar with the matter said.
OEUK engaging on security after overseas pipeline sabotage and drone sightings
Offshore Energies UK (OEUK) is in engaging on security with government bodies amid heightening political tensions in Europe.
Norway to raise $3bn from resource, windfall taxes on wind and hydropower
The Norwegian government has announced a suite of resource rate hikes and windfall taxes on hydropower and wind generation, in a bid to redistribute profits from high electricity prices.
Operators urged to be vigilant after drones spotted near North Sea platforms
Norway’s offshore watchdog has urged “increased vigilance” after unidentified drones were spotted near North Sea platforms.
Yara jumps on HyPilot hydrogen plan
Yara Clean Ammonia has joined up with the HyPilot project, alongside Hystar, Equinor and Gassco.
Turbulence at helicopter firm CHC amid management shakeup
An abrupt management shakeup at CHC has raised questions over turbulence at the North Sea helicopter operator.
North Sea firm Longboat secures rig to spud exploration well
Longboat Energy (LON: LBE) has struck a deal to secure a rig, opening the door for the spudding of a North Sea exploration well.
Dozens of applications for Norway oil and gas licensing round
Dozens of companies have applied for acreage in the latest oil and gas exploration round in Norway, though it is the lowest figure in recent years.
ConocoPhillips North Sea wildcat oil well proves fruitless
Operator ConocoPhillips (NYSE: COP) Skandinavia has concluded the spudding of a wildcat well in the Norwegian North Sea.
Aker BP recieves green light to deploy Maersk rig on North Sea field
The Petroleum Safety Authority Norway (PSA) has given Aker BP (OSLO:AKRBP) consent to use the Maersk Invincible rig for drilling activities on the Norwegian Ivar Aasen field.
Repsol Norge’s Yme field to be out of action for up to six weeks
Repsol Norge has reported damage to parts of the process pipe system on the Yme field, ceasing production for up to six weeks.