Tagged: natural gas

Japanese disasters boost Norwegian natural gas income

The price of natural gas on the world market has risen markedly in the wake of the earthquake, tsunami and  serious problems with the nuclear power plants in Japan. The reason? The electricity must...

Noreco – Gas discovery in Zidane-1

Stavanger, 16 September 2010: Norwegian Energy Company ASA (Noreco, OSE:NOR) is pleased to announce that drilling of the Zidane-1 exploration well on Haltenbanken has been successfully completed and has resulted in a gas discovery....

Norway Keen to Exploit Carbon Capture Lead

One hour by helicopter from the Norwegian coast, the mammoth Sleipner platform rises more than 200 metres above the grey water of the North Sea. Named after a mythical eight-legged horse, it sucks natural...

HSE award to Kårstø

Statoil’s highest reward for efforts on health, safety and environment in 2009 goes to the Kårstø processing plant in the Natural Gas business area. “Kårstø has shown a strong commitment and a systematic approach...

UK gas prices dip despite cold as Norway flows rise

British gas prices turned down early on Wednesday, putting an end to a strong rally early this week, as supply rose, including input from Norway, to more than offset strong heating demand. To read...

Statoil gas platform shut down after leak

Today, a gas leak shut down production at a North Sea natural gas platform operated by Statoil ASA, the company said. Production was halted at the unmanned Sleipner B platform after an alarm alerted...

Lower profit for oil companies

The operating profit for the oil companies operating on the Norwegian continental shelf decreased by NOK 52 billion to NOK 248 billion in 2007, as a consequence of decreased oil production and a decline...

Statoil reports consistent deliveries

Third quarter Operating and Financial Review Statoil’s third quarter 2009 net operating income was NOK 28.3 billion, compared to NOK 47.0 billion in the third quarter of 2008. “Statoil delivers solid financial and operational...

Eco-friendly Norwegian Coast Guard vessel

The new Norwegian Coast Guard vessel KV Barentshav can now refuel natural gas close to the areas it is protecting in the Barents Sea, reports the Barents Observer. The Norwegian company Barents NaturGass is...