OSLO Equinor's Mongstad oil refinery on Norway's west coast evacuated 300 workers and halted part of its gasoline production following a leak, the company said on Monday.
OSLO Equinor has received government approval for its plan to boost output and extend the lifetime of Troll, Norway's largest oil and gas field, the company said on Friday.
OSLO Faroe Petroleum has struck a deal to swap Norwegian oil and gas assets with Equinor, in a move that could raise the price that hostile bidder DNO has to pay to secure the British energy company.
OSLO Norway's Equinor is ready to start talks with Tanzania on developing a liquefied natural gas (LNG) project based on a deepwater offshore discovery, the company said on Tuesday.
OSLO, Dec 3 Aker BP has not done
enough to maintain its ageing Ula oilfield in the North Sea and
has failed to meet other requirements, the Norwegian Petroleum
Safety Authority (PSA) said on Monday.
OSLO, Nov 29 The biggest shareholder in Fred.
Olsen Energy on Thursday proposed changing the
company's name, days after it blamed the latest oil price plunge
for the collapse of a rig sale deal to raise money to cut debts.
OSLO The coming year will be another challenging one for offshore drillers due to a surfeit of rigs even though prices are starting to improve, the chief executive of Seadrill told Reuters on Tuesday.
OSLO, Nov 27 Norwegian offshore drilling rig
firm Seadrill Ltd sees the contracting rigs market
improving from 2019-20, as it reported its first quarterly
results on Tuesday since emerging from Chapter 11 bankruptcy in
OSLO Oil markets are entering an unprecedented period of uncertainty due to geopolitical instability and a fragile global economy, the head of the International Energy Agency said on Tuesday.
OSLO, Nov 15 Aker BP said it will
become the first oil company in Norway to control operations of
a permanently manned offshore platform from land from next year.