Wednesday, April 7, 2021
Offshore

Norway’s Sovereign Wealth Fund Pushes into Renewables with $1.6 Billion Orsted Deal

By Gwladys Fouche and Nikolaj Skydsgaard OSLO, April 7 (Reuters) – Norway’s $1.3 trillion sovereign wealth fund has made its first direct investment in a renewable energy project, a new...

April 7, 2021
Total Views: 1247

Tuesday, March 23, 2021
rolls-royce-bergen-engine
Defense

Norway Blocks Bergen Engines Sale to Russians

By Terje Solsvik OSLO, March 23 (Reuters) – Norway will block Rolls-Royce from selling a Norwegian maritime engine maker to a Russian company on national security grounds, its justice minister...

March 23, 2021
Total Views: 3131

Thursday, March 18, 2021
stad ship tunnel
Shipping

Norway Gives Green Light for World’s First Ship Tunnel

Norway has given the green light to begin preparations for the construction on what is expected to become the world’s first ship tunnel. The Stad Ship Tunnel will cut through...

March 18, 2021
Total Views: 15215

Wednesday, March 10, 2021
rolls-royce-bergen-engine
Engines

Norway’s Suspension of Bergen Engines Sale a ‘Serious Concern’, Russia Embassy Says

by Terje Solsvik (Reuters) – Norway’s decision to suspend the planned sale of a maritime engine maker to Russia’s TMH Group is a matter of “serious concern” and suggests possible...

March 10, 2021
Total Views: 4896

Friday, February 26, 2021
Offshore

Norway Sees Dramatic Drop in Interest for Arctic Oil Exploration

By Lars Erik Taraldsen (Bloomberg) — Interest in oil exploration in the Norwegian Arctic has dropped dramatically following years of disappointing drilling results. Only seven oil companies applied for new acreage...

February 26, 2021
Total Views: 1447

Thursday, January 21, 2021
Offshore

Norway to Award Arctic Drilling Permits in Q2, Minister Says

OSLO, Jan 21 (Reuters) – Norway is proceeding with plans to award oil and gas exploration permits in frontier regions of the Arctic later this year, Oil and Energy Minister...

January 21, 2021
Total Views: 1156

Thursday, January 14, 2021
Offshore

Equinor to Test Floating Solar Farm in Sunny Norway

Norwegian energy producer Equinor is taking on a project to test floating solar power off the not-so-sunny coast of Norway. Equinor announced Thursday that it has partnered with Moss Maritime...

January 14, 2021
Total Views: 3160

Tuesday, January 12, 2021
offshore oil rig
Shipping

Norway Eyes Sea Change in Deep Dive for Metals Instead of Oil

By Nerijus Adomaitis OSLO, Jan 12 (Reuters) – Norway’s oil and gas reserves have made it one of the world’s wealthiest countries but its dreams for deep-sea discovery now center...

January 12, 2021
Total Views: 1952

Nor-Shipping 2019 Opening Ceremony at the Oslo City Hall
Shipping

Nor-Shipping Postpones 2021 Conference

Nor-Shipping has pushed its planned June 2021 conference to January 2022 amid impacts the COVID-19 pandemic. The conference says its decision to postpone the event is part of an effort...

January 12, 2021
Total Views: 309

Monday, December 7, 2020
container ship
Environment

Investors Sought for ‘Green Ammonia’ Plant Upgrade in Norway

By Andrew Noël (Bloomberg) — Yara International ASA plans to convert a plant in Norway to produce green ammonia in a bet the chemical will become a go-to fuel for emission-free...

December 7, 2020
Total Views: 1019

Friday, November 6, 2020
Maritime News

Havyard Ditching Newbuilds for Service and Repair Work

Norwegian shipbuilder Havyard has announced plans ditch newbuilds and focus its operations on ship repair and service. Unfortunately, this will lead to downsizing of about 100 staff at the yard....

November 6, 2020
Total Views: 105

Wednesday, November 4, 2020
Maritime News

Norway’s Top Court Starts Hearing on Arctic Oil Exploration

By Nerijus Adomaitis OSLO, Nov 4 (Reuters) – Norway’s top court began to hear arguments on Wednesday on the legality of awarding offshore oil licenses in the Arctic, in a...

November 4, 2020
Total Views: 40

Wednesday, October 21, 2020
Gassnova Norway Longship CO2 Project
Uncategorized

Ocean CO2 Storage Could Be A Hot ESG Investment For Banks & Oil Majors

by George Hay (Reuters) – If offshore wind and solar power are zero-carbon energy’s ESG golden boys, carbon capture is its problem child. Climate activists often see the process of...

October 21, 2020
Total Views: 251

Tuesday, October 20, 2020
offshore rig
Maritime News

Losing Control? Norway’s Offshore Oil Workers Fear for Future as Rigs Go Remote

By Nerijus Adomaitis OSLO, Oct 20 (Reuters) – A shift to operating oil rigs remotely from land, which has been accelerated by lower crude prices, has rekindled concerns among Norwegian...

October 20, 2020
Total Views: 79

Friday, October 9, 2020
johan sverdrup offshore field
Maritime News

Norway Oil Strike Set to End as Wage Agreement Reached

By Nerijus Adomaitis OSLO, Oct 9 (Reuters) – Norwegian oil firms struck a wage bargain with labour union officials on Friday, ending a 10-day strike that had threatened to cut...

October 9, 2020
Total Views: 22

Sunday, September 27, 2020
Maritime News

Norway Warns of Forgotten Victims of Covid – Seafarers

By Lars Erik Taraldsen (Bloomberg) — Norway’s Prime Minister Erna Solberg warned of a humanitarian and trade crisis if the roughly 800,000 seafarers stranded around the globe due to the...

September 27, 2020
Total Views: 37

Tuesday, June 30, 2020
Maritime News

Norway’s $2.6 Billion Carbon Capture Bet Could Help Save the Planet

By Akshat Rathi (Bloomberg) — Plentiful reserves of fossil fuels and rich seams of valuable minerals are no guarantee of national health, wealth or happiness. The “resource curse” has blighted...

June 30, 2020
Total Views: 99

Thursday, June 25, 2020
Offshore

Norway’s Full-Scale Carbon Capture Project Could Become Financial Disaster, Report Warns

By Mikael Holter (Bloomberg) –Norway’s plan for a full-scale carbon capture and storage project could end up a financial disaster, according to a new report that includes an increased cost...

June 25, 2020
Total Views: 34

Friday, June 12, 2020
offshore wind farm
Maritime News

Norway Opens Expansive Offshore Areas to Wind Development

The Norwegian government has announced the opening of more than 860,000 acres of the Norwegian Continental Shelf to offshore wind development. The areas, known as “Utsira Nord” and “Sørlige Nordsjø...

June 12, 2020
Total Views: 9

Thursday, June 11, 2020
offshore rig north sea
Offshore

Oil Crisis Shows Richest Nordic Country Remains a Crude Addict

By Lars Erik Taraldsen and Mikael Holter (Bloomberg) –Norway has been talking for years about weaning itself off oil, but the Covid-19 crisis has revealed how far it has left...

June 11, 2020
Total Views: 27