Natural Resources

New gas discovery in the North Sea

Norwegian energy provider Statoil has announced a gas discovery on the northeast flank of the Visund Field (photo) on the Norwegian Shelf in the North Sea.  The well’s primary exploration target was to prove petroleum on the east flank of the Visund field in Lower Jurassic reservoir rocks (the Statfjord group). The secondary exploration target was to prove petroleum in ...Full Article

Government agrees on new agricultural agreement

The Conservative Party (Høyre), the Progress Party (Frp), the Liberal Left (Venstre) and Christian Democrats (KrF) agreed on a new agricultural agreement on Wednesday. The parties agree on an ...Full Article

WTO backs EU ban on Norway seal imports

The WTO on Thursday rejecting Norway and Canada’s appeal against a European Union ban on importing seal products, in a landmark ruling that said animal welfare can trump trade. ...Full Article

Norway scuppers China tycoon’s Arctic plan

The Norwegian government has leapt in to buy a huge swathe of Arctic land on the Svalbard archipelago a week after one of China’s richest property tycoons announced he ...Full Article

Norway farmers mount Oslo tractor protest

Oslo was braced for gridlock on Tuesday as some 3,000 farmers arrived in the city, many driving in tractors from farms more than 200km away to protest at the ...Full Article

Chinese tycoon agrees to buy Norway land

The Chinese property billionaire blocked from buying a huge chunk of Iceland is reportedly close to buying up a 100 hectares of the scenic Lyngen coastline. Huang Nubo, a ...Full Article

Norwegian gas firm signs $40m deal to supply floating terminal

Egypt has signed a deal with Norway’s Hoegh to supply a floating terminal needed to import liquefied natural gas (LNG), the petroleum ministry said on Monday, marking a step ...Full Article

Stable Norwegian Merchant Fleet

The Norwegian Merchant Fleet has remained much the same in size and scope for the last four years. At the end of 2013 the Norwegian Merchant fleet consisted of 388 ...Full Article

Oil&Gas: More Statoil success in Brazil

Norwegian energy provider Statoil has received formal approval to enter the São Bernardo discovery in Espírito Santo. The discovery further strengthens Statoil’s belief in the oil potential in the ...Full Article

Oil&Gas: Statoil enters Myanmar offshore

Norwegian energy provider Statoil, together with partner ConocoPhillips, have been awarded a deep-water exploration block in the Myanmar waters of Bay of Bengal. The award represents a new country entry ...Full Article
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