Business

High investments in oil and gas activity

Business - Oil & Gas/Shipping

Tuesday, 28 May 2013 18:37

The total investments in Norwegian oil and gas activity, including pipeline transportation, will be higher in 2012 than in 2011, and the growth is expected to continue in 2013.

Oil&Gas: Great ionterest in new licensing round

Business - Oil & Gas/Shipping

Tuesday, 28 May 2013 18:37

The Norwegian Ministry of Petroleum and Energy has received applications from 36 companies by the deadline for applications in the 22^nd licensing round on the Norwegian Continental Shelf.

Oil&Gas: New discovery in North Sea

Business - Oil & Gas/Shipping

Tuesday, 28 May 2013 18:37

The oil company Total announces that its affiliate Total E&P Norge has made an oil discovery in the Garantiana prospect located on Production License 554 (PL554) in the Norwegian North Sea.

Aker Solutions acquires Canadian firm

Business - Oil & Gas/Shipping

Tuesday, 28 May 2013 18:37

Norwegian international oil services provider Aker Solutions is buying Canadian asset integrity management (AIM) company Thrum Energy.

Northern areas could generate up to NOK 55 billion in added value

Business - Oil & Gas/Shipping

Tuesday, 28 May 2013 18:37

Opening up more northern areas for the oil industry could create between 13,000 and 37,000 jobs, and from NOK 26-55 billions in added value.

Norway's Telenor awarded licenses in India

Business - General Business

Tuesday, 28 May 2013 18:37

The Telenor Group has announced that the company has been successful in securing spectrum license to provide mobile telephony services in six telecom circles in India.

Increased production of oil and gas

Business - Oil & Gas/Shipping

Tuesday, 28 May 2013 18:37

Figures for October 2012 indicate an average daily production on the Norwegian Shelf of about 1 805 000 barrels of oil, NGL and condensate. This is 287 000 barrels per day more than in September.

Oil&Gas: New DNO discovery in Oman

Business - Oil & Gas/Shipping

Tuesday, 28 May 2013 18:37

The Norwegian oil and gas company DNO International has announced that it has made a new discovery offshore the Sultanate of Oman.

Oil&Gas: DNO discovers more oil in Kurdistan

Business - Oil & Gas/Shipping

Tuesday, 28 May 2013 18:37

The Norwegian oil and gas company DNO International has announced that it has discovered additional oil in the Benenan-3 well drilled on its Erbil license, Kurdistan region of Iraq.