The Maran Lyra, a VLCC, is due in Norway today with what broker Braemar describes as an “unusual” cargo. The ship will discharge Nigerian crude at Mongstad, north of Bergen where Equinor has a refinery. […]
(WO) – Ocean Installer has been chosen by Equinor and its partners in the Troll A license as the SURF contractor for their new 12 billion NOK ($1.13 billion) investment in the Troll Phase 3 […]
Weekly Daily Standup Top Stories EV Slowdown Steers the World Further Off Course From Net Zero June 16, 2024 Stu Turley Electric vehicles have swiftly gone from a bright spot in the global climate fight to cause for […]
Norwegian government enterprise promoting green energy initiatives Enova has unveiled its largest-ever funding allocation within the shipping sector, aimed at establishing the first functioning value chains for ammonia and hydrogen. The award totaling NOK1.2bn ($112.3m) […]
Funds managed by Macquarie Asset Management and Spring Infrastructure Capital have opted to divest a 37.5% stake in the Race Bank offshore wind farm to Norges Bank Investment Management. The stake in the 573 MW […]
Daily Standup Top Stories Russia’s War in Ukraine Has Produced $32 Billion in Climate Damage June 17, 2024 Mariel Alumit CLIMATEWIRE | In November 2022, the United Nations resolved that Russia should pay reparations for the losses, […]
Amining company’s discovery of continental Europe’s largest deposit of rare earth elements (REEs) could chip away at China’s global dominance over the materials, which are used to make a range of critical technological and military […]
Mining firm Rare Earths Norway says it has discovered Europe’s largest proven deposit of highly prized rare earth elements, potentially reflecting a watershed moment for both the Nordic country and the broader region. One of the few […]
(Bloomberg) – Oil and gas companies operating on the Norwegian Continental Shelf will spend 247 billion kroner ($24 billion) this year, reflecting growth in investments for exploration and on existing fields. Spending on oil and […]
Norway is expanding the acreage in the Barents Sea and the Norwegian Sea, for which companies vying for licenses in mature areas can bid this year, the energy ministry of Western Europe’s largest oil and […]
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