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Country summary: Norway

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Norway - recent news

25 Apr 24
OKEA announces first quarter 2024 financial results
OKEA delivered operating income of NOK 3,474 (correction from trading update of NOK 3,422) million and EBITDA of NOK 2,159 million in the first quarter of 2024. The all-time high production in the quarter follows from the Statfjord acquisition in combination with continued strong performance particularly from operated assets.
23 Apr 24
Norway: Var Energi reports record high production and strong first quarter results
Vår Energi is on track for growth and value creation and delivers strong financial results in a quarter with record high production. Total income in the quarter was USD 1956 million, an increase of USD 257 million from last quarter.
22 Apr 24
Norway: Var Energi announces approval of intra-group merger with Var Energi Norge
As announced on 22 April 2024, the boards of directors of Vår Energi and Vår Energi Norge (formerly Neptune Energy Norge) have approved the joint plan for the merger of the two group companies.
22 Apr 24
Norway: Equinor completes an appraisal well (7324/7-4) on the Wisting discovery in the Barents Sea
Equinor has completed an appraisal well (7324/7-4) on the Wisting discovery in the Barents Sea. The objective was to acquire data on the reservoir and cap rock, for use in ongoing evaluation and development of the discovery.
22 Apr 24
Norway: AkerBP starts production at Hanz in the North Sea
Aker BP has announced that production has started from Hanz in the North Sea. Hanz is operated by Aker BP, with Equinor and Sval Energy as partners. Hanz is a subsea field development tied into the Ivar Aasen platform about 15 kms further south.

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