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Country summary: Norway

energy-pedia opportunities - Norway:
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Norway - recent news

17 Apr 24
Norwegian Offshore Directorate publishes new deep sea data
In June 2022, the Norwegian Offshore Directorate published data collected up to 2022. The Directorate is now releasing deep sea data gathered from 2022 to 2024.
17 Apr 24
Norway: The future in the Barents Sea is here now - Norwegian Offshore Directorate
The Johan Castberg ship will soon be heading north. With the ship in place, the plan is to have three producing fields in the Barents Sea by the end of the year. We now have the opportunity to lay a good foundation for further development of this part of the Norwegian shelf, said Torgeir Stordal, Director General of the Norwegian Offshore Directorate, in his keynote address at the Barents Sea Conference.
17 Apr 24
Norway: Var Energi confirms new oil discovery in the Balder area in the Central North Sea
Vår Energi has confirmed the discovery of oil in the Balder area in the Central North Sea. The latest Ringhorne North exploration well in PL 956 was successful with estimated recoverable resources of between 13 and 23 million barrels of oil. Operator Vår Energi considers the discovery a potential commercial candidate to be tied into nearby existing infrastructure in the Balder area.
15 Apr 24
Orrön Energy sells its 50 percent interest in the Leikanger hydropower plant in Norway for MEUR 53
Orrön Energy has entered into an agreement to sell its 50 percent interest in the Leikanger hydropower plant for an enterprise value of MNOK 613, approximately MEUR 53, to the existing partner Sognekraft Produksjon.
12 Apr 24
Var Energi announces first quarter 2024 trading update
Vår Energi has provided an update on production, sales volumes, and other relevant items. Vår Energi's net production of oil, liquids and natural gas averaged 299 kboepd in the first quarter of 2024, an increase of 33% from the fourth quarter of 2023 and an increase of 40% compared to the first quarter of 2023.

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