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All publications by tag «NORWAY»

All publications by tag
2018, January, 12, 12:45:00

NORWAY'S OIL & GAS WILL UP

NPD - The Norwegian Petroleum Directorate’s production forecast up to 2022 shows an increase from 2020, when Johan Sverdrup has come on stream. Total production of oil and gas in 2022 is estimated to be close to the record‐breaking year 2004. Gas will then account for about one‐half of the production.

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2018, January, 4, 12:20:00

NORWAY'S GAS RECORD

REUTERS - Norway’s pipeline gas exports to Europe hit a record high in 2017, exceeding the previous year by almost 7 percent, preliminary data from the country’s offshore gas systems operator Gassco showed on Tuesday.

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2018, January, 3, 15:35:00

NORWAY'S OIL PROBLEMS

BLOOMBERG - Norway’s oil production has been halved since a 2000 peak. While natural-gas output has surged, total production is forecast to fall again in the middle of the next decade. A flurry of investment decisions at the end of last year hides a painful truth: after Statoil’s $6 billion Johan Castberg oil field starts production in the Barents in 2022, the project pipeline is scant.

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2017, December, 20, 19:15:00

NORWAY'S PRODUCTION DOWN 102 TBD

NPD - Preliminary production figures for November 2017 show an average daily production of 1 813 000 barrels of oil, NGL and condensate, which is a decrease of 102 000 barrels per day compared to October.

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2017, December, 20, 19:10:00

NORWAY'S FENJA INVESTMENT NOK 10 BLN

NPD - On Tuesday, the licensees, led by operator VNG, submitted a Plan for Development and Operation (PDO) for Fenja in the Norwegian Sea. Investments are expected to total approx. NOK 10 billion.

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2017, December, 20, 19:05:00

REPSOL'S INVESTMENT NOK 8 BLN

NPD - On Tuesday, operator Repsol submitted a new Plan for Development and Operation (PDO) for the Yme field in the North Sea. More eight billion kroner will be invested in the development. The planned start-up is 2020.

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2017, November, 22, 11:20:00

NORWAY'S PRODUCTION UP TO 1.9 MBD

NPD - Preliminary production figures for October 2017 show an average daily production of 1 901 000 barrels of oil, NGL and condensate, which is an increase of 141 000 barrels per day compared to September.

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2017, November, 20, 09:00:00

NORWAY SELLS OIL & GAS

Norway, which relies on oil and gas for about a fifth of economic output, would be less vulnerable to declining crude prices without its fund investing in the industry, the central bank said Thursday. The divestment would mark the second major step in scrubbing the world’s biggest wealth fund of climate risk, after it sold most of its coal stocks.

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2017, October, 20, 12:10:00

NORWAY'S PRODUCTION DOWN 171 TBD

NPD - Preliminary production figures for September 2017 show an average daily production of 1 772 000 barrels of oil, NGL and condensate, which is a decrease of 171 000 barrels per day compared to August.

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2017, September, 15, 08:30:00

NORWAY'S OIL PRODUCTION DOWN 41 TBD

Preliminary production figures for August 2017 show an average daily production of 1 918 000 barrels of oil, NGL and condensate, which is a decrease of 41 000 barrels per day compared to July. Total gas sales were 10.4 billion Sm3 (GSm3), which is a decrease of 0.1 GSM3 from the previous month.

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