Norway Overview

Norway’s Sevan Marine has released a licence to develop a floating drilling rig customised for Arctic waters based off the company’s cylindrical hull design. The…

Norwegian oil and gas operator Statoil announced Thursday that it was making progress on the North Sea’s Johan Sverdrup development, having completed the installation…

Norwegian company Höegh LNG announced on Thursday that it would sell its Höegh Gallant floating storage and regasification unit to its wholly owned subsidiary Höegh…

Swedish international oil and gas company Lundin Petroleum has struck oil at its Luno II North field located in block PL359 in the North Sea. The discovery of a…

On Tuesday, Keppel Offshore & Marine, a wholly owned subsidiary of Singaporean marine services company Keppel Shipyard, announced in a press release that it had…

BG Group booked a 63-percent rise in net profit for the second quarter of 2015, however this was mainly due to an assets selloff and masks a 38-percent decline in…

Statoil has announced a gas and condensate discovery in the Julius prospect offshore Norway. The discovery is estimated to contain between 15 million-75 million barrels…

Edison’s exploratory well in the Haribo prospect in offshore Norway has failed to find any hydrocarbons. The announcement was made by independent Noreco Norway,…

Two of the world’s largest oil tanker companies, Frontline and Frontline 2012, will be merged in a $1.5-billion deal, their owner has announced.

Billionaire John…

Labour unions representing Norwegian rig workers have reached a wage agreement with employers, averting a strike that could have cut oil production and stalled…