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Norway

Statkraft Stalls Hydro and Wind Projects Due to Coronavirus
Norwegian energy company Statkraft has put three construction projects on hold due to the COVID-19 outbreak.
Power Construction
Norway Postpones Decision on $2.2 bln Power Cable to Scotland
Norway is postponing a decision on whether to allow companies to construct a new subsea power cable between it and Scotland.
Wind Turbine
Nordex Wins 400MW Wind Turbine Supply Order from Norway
Nordex will supply and install wind turbines at the Øyfjellet'wind farm.
Crude Oil
Global Oil Demand Forecast to Fall by 4.9 Million Barrels Per Day in 2020: Rystad
Global oil demand could fall by as much as 4.9 million barrels per day (bpd), or by about 4.9 per cent, in 2020 due to the coronavirus outbreak, Norway's bigges…
Offshore Wind Power
Norwegian Investor Buys Into 500MW Offshore Wind Farm
Norway-based investor Magnora has finalised a deal to take a 5% stake, with an option to rise to 50%, in an unnamed 500MW offshore wind farm that is under-devel…
Oil & Gas Trade
Coronavirus could Push Global Oil Market into Surplus
Almaty. February 4. KazTAG - The coronavirus outbreak could curb oil demand growth if it continues to spread, leading to an extended production surplus as produ…
Smart Grid
Öresundskraft Implement Smart Cable Technology in Swedish Grid
Swedish energy company Öresundskraft has partnered with DNV GL, a Norway-based classification and technical services provider, to monitor sections of its power…
NIB Provides Loan to Finance Norwegian Hydropower Project
Nordic Investment Bank (NIB) is set to provide an Nkr600m (€59.39m) loan to finance Agder Energi’s Åseral Nord hydropower project along the Mandal watercours…
Electric Vehicle Charging
Norway Strongly Opposes The New Rates As EV Charging Prices Higher Than Petrol
A hike in electric car charging rate has drawn backlash from the Norwegian electric car association Norsk Elbilforenig, which says the new rates make powering a…
Oil&Gas Drilling
Huge New Field Sends Norway’s Oil Production To 9-Year-High
The start-up of the massive Johan Sverdrup oilfield sent Norway’s oil production rising to a nine-year high in December 2019, beating the authorities’ forecas…
Market Analysis
Norway Says Era of Oil and Gas Production Isn’t About to End
Norway Finance Minister Siv Jensen said she sees no reason why the oil and gas her country produces can’t be part of a future focused on sustainable energy.
The Six Paradoxes Slowing Down The Energy Transition
It is not just the fact that certain economies, such as Russia or Norway, are highly dependent on oil & gas revenues, it is also the choices and approaches that…
Can-Nor Electric Ltd.
Can-Nor Electric ltd. was incorporated in 1987 by J?rg Skavas. Our electrical roots go back to Oslo, Norway where J?rg Skavas (Jerry) received his electrical ap…
Lundin Petroleum
Lundin Petroleum was founded in 2001 and entered the Norwegian Continental Shelf in 2003. Since then, we have grown to become one of the largest operated acreag…
Oil&Gas Drilling
NPD Grants Equinor A Drilling Permit,Mist Well
The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for a wildcat well located in the Barents Sea offshore Norway.

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