Norway Overview

ExxonMobil has purchased a 49.9% stake in Norwegian biofuels company Biojet, the
American multinational announced on Tuesday.

Biojet plans to build five biofuels…

Aker BP has signed an agreement with Sweden’s Lundin Energy to acquire the latter’s oil and gas business valued at around USD 14 billion, the Norwegian E&P company…

Norwegian equipment and service supplier Scana has announced plans to merge with PSW Group, the Bergen-based electrification and shore power player announced on…

PGiNG Upstream Norway has drilled the Fat Canyon prospect on the PL937/B block offshore Norway and found zero hydrocarbons, Singaporean co-venturer Rex International…

Sval Energi has signed a contract to purchase the majority of Spirit Energy Norway’s assets on the Norwegian Continental Shelf for USD 1.03 billion, the privately…

Sembcorp Marine has signed a contract with Norway’s Grieg Edge to build the world’s first zero-emissions tanker, the Singaporean offshore engineering company…

Equinor has announced plans to invest USD 1.1 billion in boosting gas production from its Oseberg field, the Norwegian state-owned energy company announced on…

Aibel has signed four contracts worth 5.6 billion including options with Equinor for works offshore Norway, the oilfield services company announced on Tuesday.

The…

Equinor has decided to stop injecting natural gas to enhance oil production on a North Sea field to prioritise natural gas exports to Europe, the Norwegian state-run…

Aker Solutions has received a letter of intent for a FEED contract from Equinor for an FPSO on the Wisting field development in the Norwegian Barents Sea, the…