The startup of Norway's $20 billion Johan Sverdrup oil field, the country's largest industrial project in decades, will not be delayed by a political dispute over its source of power, Prime Minister Erna Solberg said on Wednesday. Opposition parties…
Swedish oil firm Lundin Petroleum has found oil while drilling an appraisal well at its Edvard Grieg find in the North Sea, the Norwegian Petroleum Directorate said on Monday. Lundin Petroleum is the operator of Edvard Grieg and has a stake of 50 percent.
The Norwegian parliament's energy committee has agreed the electrification of oil platforms on the Utsira High in the North Sea with power from land must be completed by 2022, Norwegian lawmakers said on Wednesday. The decision means that the $20 billion development of the Johan Sverdrup oilfield…
Swedish oil firm Lundin Petroleum has confirmed the size of a significant oil discovery in the Arctic, the company said on Monday after completing a second well. The Gohta discovery in the Norwegian section of the Barents Sea is now estimated…
Norway's parliament will try to force oil rigs in a large area of the North Sea to use electricity delivered from onshore, an environmentally friendly move but one that could push up costs and delay projects. A majority of parliamentary parties…