RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2021-07-02 12:20:00

NORWAY OIL & GAS UP

NORWAY OIL & GAS UP

ENERDATA2 Jul 2021 - Equinor has started the Martin Linge oil and gas field in the Norwegian North Sea. Expected recoverable resources are approximately 260 Mboe and plateau production will average 115,000 boe/d in 2022. The oil will be processed on a storage vessel and transported to the market in shuttle tankers, while the gas will flow through a new pipeline connecting the field to the existing pipeline going to St. Fergus, Scotland (United Kingdom).

The field was discovered in 1978 and originally expected to enter into production in 2016, but its start-up has been delayed several times. Consequently, the development costs have doubled to NOK63bn (US$7.3bn). The Martin Linge field is owned by Equinor (70%) and the Norwegian state-owned oil and gas company Petoro (30%).

 

-----


Earlier:

NORWAY OIL GAS UP
2021, June, 22, 12:05:00
NORWAY OIL, GAS PRODUCTION 1.86 MBD
Preliminary production figures for May 2021 show an average daily production of 1 860 000 barrels of oil, NGL and condensate.
NORWAY OIL GAS UP
2021, May, 27, 12:50:00
NORWAY'S WIND ENERGY 1.4 GW
The project is expected to cost NOK30-35bn (€2.9-3.4bn).
NORWAY OIL GAS UP
2021, May, 21, 09:35:00
NORWAY OIL, GAS PRODUCTION 2.008 MBD
Preliminary production figures for March 2021 show an average daily production of 2 094 000 barrels of oil, NGL and condensate.
NORWAY OIL GAS UP
2021, April, 21, 14:45:00
NORWAY'S FUND RETURNED 4%
In the first quarter of 2021, the Government Pension Fund Global returned 4.0 percent, equivalent to 382 billion kroner.
NORWAY OIL GAS UP
2021, April, 21, 14:30:00
NORWAY OIL, GAS PRODUCTION 2.094 MBD
Preliminary production figures for March 2021 show an average daily production of 2 094 000 barrels of oil, NGL and condensate.
NORWAY OIL GAS UP
2021, April, 9, 11:00:00
NORWAY'S FUND RENEWABLE INVESTMENT €1,375 MLN
Norges Bank Investment Management will pay 1,375 million euros for its 50 percent interest in the offshore wind farm. No external debt financing will be involved in the transaction.
NORWAY OIL GAS UP
2021, March, 31, 11:15:00
NORWAY'S OFFSHORE WIND
Norway does not actually need offshore wind farms for power - nearly all its electricity comes from renewables already - but instead sees the sector as a means of helping its vast oil and gas industry secure a new, low-carbon business model for the future.
All Publications »
Tags: NORWAY, OIL, GAS
Chronicle:
NORWAY OIL GAS UP
2021, July, 9, 12:04:00
HYDROGEN RUSSIA AND CIS, Moscow, 20-21 October 2021
International Conference and Exhibition ‘Hydrogen Russia and CIS’ brings together more than 200 senior executives of hydrogen production plants from Russia and the CIS
NORWAY OIL GAS UP
2021, July, 9, 12:00:00
ARGENTINA'S NUCLEAR SMR
Before work was suspended, it was in line to be the world’s first operating SMR. The government licensed it as a prototype in 2009.
NORWAY OIL GAS UP
2021, July, 9, 11:55:00
CHILE'S COAL GENERATION DOWN
In June 2021, the Chamber of Deputies of Chile has approved a bill that prohibits the installation and operation of coal-fired power plants.
NORWAY OIL GAS UP
2021, July, 8, 12:50:00
OIL PRICE: NEAR $73
Brent slipped by 23 cents, or 0.3%, to $73.20 a barrel, WTI were down 33 cents, or 0.5%, at $71.87 a barrel.
NORWAY OIL GAS UP
2021, July, 8, 12:45:00
OIL PRICES 2021-22: $72-$67
We expect rising production will reduce the persistent global oil inventory draws that have occurred for much of the past year and keep prices similar to current levels, averaging $72/b during the second half of 2021 (2H21).
NORWAY OIL GAS UP
2021, July, 8, 12:40:00
EUROPE CLIMATE RULES
According to draft proposals seen by market sources, the CBAM will replace the current system of free carbon allowances for metals sectors, and tighten allowances in the European Emissions Trading System generally, a bone of contention for some.
NORWAY OIL GAS UP
2021, July, 8, 12:35:00
ASIA INDEXES DOWN ANEW
The Hang Seng index (.HSI) led losses with a 1.9% drop, its eighth consecutive session in the red, with more falls in internet giants Tencent (0700.HK), Meituan (3690.HK) and Alibaba (9988.HK) as the sector reels from sweeping Chinese regulatory scrutinty.
All Publications »