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An industry for the future – report to the Storting on Norway’s petroleum policy

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 [...]

Many ways to boost cooperation

Activities involving trade and industry were the main focus on the second day of the Crown Prince and Crown Princess’s visit to Malaysia. Norway and Malaysia have well-established cooperation within the petroleum sector, but there is potential for collaboration in other areas as well. His Royal Highness Crown Prince Haakon started the day by formally [...]

Norway supports development of roadmap for CCS within industries

The Norwegian Ministry of Petroleum and Energy has granted 1.8 million NOK (212.500 Euro), to the The United Nations Industrial Development Organization (UNIDO) in support of their effort to develop a roadmap for the deployment of carbon dioxide capture and storage (CCS) within industrial processes. The roadmap will target industrial sectors in developing countries and [...]

Norway joins cooperation on energy grid in the North Sea

Today the Norwegian Minister of Petroleum and Energy, Terje Riis-Johansen, signed a political declaration on strengthening the regional cooperation on development of an offshore energy grid in the North Sea region. On the side of the meeting of EU energy ministers in December 2009, nine European countries signed the declaration «The North Seas Countries Offshore [...]

ConocoPhillips, Statoil announce shared interest in Chukchi Sea and in Gulf of Mexico

ConocoPhillips and Statoil USA E&P announced on Jan. 25 that they have entered into a deal for Statoil to acquire a 25 percent working interest in 50 ConocoPhillips leases acquired in the Chukchi Sea federal OCS lease sale in 2008. ConocoPhillips will be retaining operatorship and a majority working interest in these leases. “Statoil’s decision [...]

Statoil awarded exploration licences

Tove Stuhr Sjøblom, Statoils senior vice president of exploration on the Norwegian continental shelf. (Photo: Hild Bjelland Vik) The Norwegian authorities awards in predefined areas in 2009 (TFO2009) constitute the seventh round since the inception of such mature area awards in 2003.   “We are very pleased with this year’s awards. The annual availability of acreage in mature areas on the Norwegian continental shelf has provided the industry with constancy and formed the basis for the good

Statoil has today been awarded shares in eight exploration licences on the Norwegian continental shelf. The company is operator on six of the licenses. The Norwegian authorities’ awards in predefined areas in 2009 (TFO2009) constitute the seventh round since the inception of such mature area awards in 2003. “We are very pleased with this year’s [...]

Russian-Norwegian cooperation project on safeguarding industrial activities in the Barents Sea concluded

Moscow: The Barents 2020 cooperation project on safeguarding petroleum activities in the Barents Sea was concluded today at a conference in Moscow. More than 100 Russian and Norwegian experts have worked together for close to three years on identifying common rules and standards for health, safety and the environment in the Barents Sea. Today they [...]

APA 2009 – Awards

The Government has decided to offer 38 production licenses in the awards in predefined areas 2009 (APA 2009). – Today I am offering production licenses to 42 companies of which 19 companies are offered operatorships. APA 2009 is the seventh licensing round with focus on mature areas on the whole shelf. The industry’s continuing interest [...]

Det norske Reports Small Discovery at Jetta

ExxonMobil E&P Norway AS (ExxonMobil), the operator of Production License 027D, is about to conclude the drilling of exploration well 25/8-17 and the appraisal well 25/8-17A. Det norske oljeselskap ASA (Det norske) has carried out the drilling on behalf of ExxonMobil. The wells are situated approx. four kilometers south of the Jotun Field in the [...]

Study: Northern Norway towards 2030

Norut and SINTEF have gazed into the future and on September 8 they presented scenarios for industrial development in the north 20 years into the future. Based on Northern Norway’s development potential, as well as the Norwegian Government’s clear political intensions to invest in the High North, Norut and SINTEF carried out on their [...]