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Country summary: Norway

energy-pedia opportunities - Norway:
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Completed deals: 266

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Norway - recent news

21 Mar 23
Norway: Norway's oil production in February lower than the NPD’s forecast
Preliminary production figures for February 2023 show an average daily production of 1,994,000 barrels of oil, NGL and condensate. Oil production in February is 2.8 percent lower than the NPD's forecast and 2.5 percent lower than the forecast so far this year.
21 Mar 23
Norway: Longboat Energy announces full year results to 31 December 2022
Longboat Energy has announced its full-year results for the period ended 31 December 2022. In 2022, Longboat was one of the most active independent exploration companies in Norway where it drilled five wells and made two significant discoveries. Kveikje and Oswig, which are among the largest discoveries made in Norway in 2022.
21 Mar 23
Norway: Aker BP moving ahead with nine of ten PDO projects
Aker BP has notified the Norwegian Ministry of Petroleum and Energy that the company has acceded to all the Plans for Development and Operation submitted in December 2022, except from one. The total recoverable resources from these development projects were estimated to 730 mmboe net for Aker BP, with net investments of approx. USD 19 billion in nominal terms and an average break-even price of USD 35-40 per barrel.
20 Mar 23
Norway: OKEA acquires 28% working interest in PL037 (Statfjord Area) from Equinor
OKEA has entered into an agreement with Equinor to acquire 28% working interest in PL037 (Statfjord Area) for an initial fixed consideration of USD 220 million.
20 Mar 23
Norway: EU Commission President, NATO Secretary General and Norwegian Prime Minister visit Troll A platform
EU Commission President Ursula von der Leyen, NATO Secretary General Jens Stoltenberg and Norwegian Prime Minister Jonas Gahr Støre visited the Troll A platform in the North Sea. Troll is Norway’s largest gas field, providing more than 10 per cent of the gas consumed in the EU in 2022. The visit underlines Norway’s importance as a secure and reliable supplier of energy to Europe.

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