Oil companies increase their investment estimates for 2022 on the Norwegian shelf
Oil companies now estimate investments in 2022 to reach NOK 167.2 billion. Next year, investments could amount to NOK 130.6 billion. Investment estimates for pipe…
Oil production
Solberg: Climate is more than oil and oil production
The Conservatives believe they can cut emissions without stopping oil exploration in Norway. Higher CO2 taxes could result in cuts by making it more expensive…
Equinor to invest 18.6 billion kroner and expand Breidablikk field project
Norway’s state oil giant Equinor and partners Petoro, Vår Energi, and ConocoPhillips Skandinavia have decided to develop the Breidablikk field in the North Sea. Today…
Seven out of ten want oil production to continue
Seven out of ten Norwegians fully agree that business on the Norwegian continental shelf must continue, a recent study shows. 69 percent say it is…
The IEA believes Norwegian oil production will increase in the years to come
The International Energy Agency (IEA) estimates that over the course of five years, Norway will bypass Kazakhstan and Kuwait on the list of the world’s…
Oil production picked up in January
Daily production of oil in January was 2.019,000 barrels of oil, NGL and condensate, showed preliminary production figures from the Norwegian Petroleum Directorate (OD) for…
Oil production on Goliat was almost halved last year
Failures, deficiencies, repairs and stop orders from the Petroleum Safety Authority of Norway resulted in oil production at the Goliat field being reduced by 44…
Higher oil production than expected
Oil production fell from November to December, but is still well above the previous year’s figures and forecasts for the Oil Directorate (NPD). Preliminary production…
Biggest monthly oil production in five years
Over 1.7 million barrels of oil was produced per day on the Norwegian shelf in July. It is ten percent more than was produced in…
Oil production higher than expected
1.4 million barrels of oil were produced on average per day on the Norwegian shelf in June. The production was 6 percent above the forecast of…
Oil production higher than expected
Just over 2 million barrels of oil, liquefied natural gas and condensate were produced on average per day on the Norwegian shelf in February. For…
Oil production at the Goliat field has begun
Eni has started oil production at the pioneer field Goliat in the Barents Sea at the weekend. After two years of delays and many challenges…
