Statoil Shares Rise on Gullfaks Find
Oil – Bloomberg reported that Statoil ASA rose as much as 2.3% after its discovery in the Gullfaks field in the North Sea, which could potentially mean cheaper oil.
Articles Tagged "Norway"
Oil Market Update (March 12, 2013)
Oil – A brief overview of oil price developments, supply and demand and significant market movers.
Statoil ASA to Bring Crude Oil Ashore by Pipeline
Oil – Bloomberg reported that Norwegian Energy Company, Statoil ASA, which is currently making plans to develop Barents Sea’s largest oil finds, intends to bring crude oil ashore by means of a pipeline according to Petoro AS.
Study Shows Skills Shortage In Norway Constrains Oil Industry
Oil – Norway's thriving oil sector is set for steady growth in the years ahead and a skills shortage, principally for highly trained engineers, is the biggest constraint, a new report said on Wednesday.
Lofoten Ban To Last Until 2017 Suggests Norway Oil Minister
Oil – Norway’s Oil Minister Ola Borten Moe said he would recommend keeping a restriction on oil exploration off the northern islands of Lofoten and Vesteraalen until at least 2017 to preserve the fishing industry.
BP Halts Production at Ula Field Following Leak
Oil – Reuters reported that BP plc (LSE:BP) closed its Norwegian Ula field following a potentially dangerous leak last week. BP will not resume production until it knows what caused the problem.
Envoy Hopeful that Sudan and South Sudan Will Resume Oil Exports
Oil – Reuters reported that this week Sudan and South Sudan may make a deal that will allow both countries to resume oil exports, although there is still a chance that negotiations will fall through.
Statoil to Drill Nine More Arctic Exploration Wells
Oil – Reuters reported that in 2013 Norway's Statoil plans to drill nine exploration wells in the Barents Sea in an attempt to discover more finds like the Skrugard and Havis oilfields.
Lundin Petroleum Announces Timetable for Norway Discovery
Oil – Lundin Petroleum AB (TSX:LUP) announced that its Johan Sverdrup discovery, located offshore of Norway, is expected to produce its first oil in the fourth quarter of 2018.
EMC Metals Receives Initial Surface Assays
Tantalum – EMC Metals Corp. (TSE:EMC) reports assay results from a surface soil sampling of its Tørdal property.TS
