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 Communication between the Aldous and Avaldsnes oil discoveries in the North Sea has now been confirmed. In combination these discoveries may represent an oil structure of between 500 million and 1.2 billion barrels of recoverable oil equivalent. If the upper part of the interval strikes pay dirt, the discovery will be one of the [...] In 2010, Norway exported goods to EU countries for NOK 321 billion more than we imported, while the trade in services with the EU resulted in a loss of NOK 15 billion. The positive trade balance with the EU is dominated by the high export earnings from the oil and gas industry. [...] Today, the Norwegian Government is publishing a report to the Storting (the Norwegian Parliament) entitled “An industry for the future – Norway’s petroleum activities” (Meld. St. 28 (2010-2011)). The Government wishes to facilitate focused efforts to keep petroleum production levels very high for generations to come. In this context, it [...] As a major oil and gas producer as well as a strong global advocate of climate change mitigation, Norway holds a unique position in the global energy sector. Moreover, as the third largest exporter of energy in the world, Norway is a major contributor to the energy security of consuming countries. [...] Norwegian business enterprises reported a total of NOK 18.2 billion in research and development (R&D) expenditure in 2009. This represents no change compared to 2008. In fixed prices, this equals a reduction of 3.9 per cent. The final figures for R&D in business enterprises have been adjusted downward compared to preliminary figures [...] The Norwegian Government has decided to offer 50 production licenses in the awards in predefined areas 2010 (APA 2010). – Today I am offering participation interest in production licenses to 39 companies of which 22 companies are offered operatorship. The companies have shown great interest for APA 2010, which reflects on the [...] .jpg "http://www.nortrade.com/UserFiles/DSC_1449%20copy(5).jpg") In the past several years, there has been a clear increase in the number of clean tech finalists for the Confederation of Norwegian Enterprises’ Innovation Prize, the award recognizing commercially successful products and services with the most promising future. This latest trend highlights the revitalization of two of Norway’s traditional [...]  In 2010 Statoil started production on three new fields, delivered a plan for development and operation (PDO) of two new fields and chose concepts for two of our main improved recovery projects. Statoil’s strategy is to maximise the value on the Norwegian continental shelf (NCS), and its goal is to maintain the current production [...] Europe can meet its 2050 ambition of reducing its CO2-emissions by 80 per cent compared to 1990, in a faster and more cost-efficient way if natural gas plays a significant part in the energy mix going forward. In a report initiated by a group of experienced gas players in Europe and [...]  Statoil and Siemens have signed a technology development cooperation agreement. The partnership will initially embrace wind power, subsea technology, electrical engineering technology and energy efficiency measures. Cooperation between the companies facilitates the development of future path-breaking technology. Based on complementary user needs and technological opportunities we aim at developing technological solutions that contribute to [...] |
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