EnergyWatch

Oil & Gas

Norway awards 75 new oil licenses

The Norwegian Shelf will be a busy workplace over coming years if the oil companies seize the opportunity and utilize the many licenses they have just been awarded. Statoil and Aker BP were the big winners.

Ineos to bring Solsort on board in Hejre development

The new Danish company will continue work on the controversial Hejre field and this will be achieved by utilizing synergy effects from neighboring field Solsort. Meanwhile, several small fields could be connected to the project, according to Ineos Oil & Gas Denmark's new CEO.

Shell to redevelop Penguins

The oil company has made the largest investment decision in the North Sea since Maersk's gas field Culzean. The cautious era of the downturn is now over, according to an analyst.

Onshore wind now beats fossil energy globally in price

A continued decline in price means that not only solar power and onshore wind will be cheaper than fossil energy in 2020, but the same will be true of offshore wind and other renewables, according to a new report. However, Europe might lose jobs.

Norway sells record amount of gas

Gas sales from the Norwegian Shelf have never been as high as they were in 2017 where oil production declined. However, total production grew for the fourth consecutive year.

Several states oppose Trump's drilling license sales

Multiple coastal states in the US are seeking exemption from a planned sale of new oil and gas licenses in US waters. One state is already exempt. The expansion is part of President Donald Trump's efforts to strengthen the oil industry.

EU to unleash gas comeback in 2020

An impending reform of the entire European gas market could be on the way with the aim to give gas a far larger role in the energy mix. Danish gas market players believe that this could be to Denmark's advantage as the country is a leader in new technologies within the field.

Ramboll merges oil and gas with renewables

Oil and gas, wind and other energy divisions will sit under one entity at Danish engineering group Ramboll. The company is merging Oil & Gas with Energy and creating an entity which will make up 12 percent of revenue.

Latest News

Vacancies

See all

See all