NORWAY INVESTMENTS: NOK 184.8 BLN
While forecasts indicate that total investments in Norwegian oil and gas activity should flatten out in 2016, local companies continue their activities in the Barents Sea and in the North Sea.
Lundin Norway, operator of production licence 609 (PL609), completed drilling of appraisal wells 7220/11-2 and 7220/11-2 A on the 7220/11-1 (Alta) oil and gas discovery in the Barents Sea.
'The discovery was proven in chalk rocks in the Gipsdalen Group in October 2014. Before wells 7220/11-2 and 7220/11-2 A were drilled, the operator's resource estimate for the discovery was between 14 and 50 million Sm3 of recoverable…
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U.S. DT - the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated six Russian individuals and eight entities in response to Russia’s continued and ongoing aggression in Ukraine.
India’s demand for liquefied natural gas (LNG) is set to rise by about 10 percent this year even as the country adds import capacity at a faster clip, because infrastructure constraints keep gas from getting to consumers and hinder growth rates.
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Abu Dhabi is one of the most important examples of a city that is creatively seeking to strengthen its renewable energy sector.