Norway represents 50 per cent of the hydropower reservoir capacity of EU and is consequently key in reaching the REPowerEU ambition of 10mtpa hydrogen import by 2030.
Neptune Energy has been awarded two new licences in the Awards in Predefined Areas (APA) 2023, announced by the Norwegian Ministry of Petroleum and Energy.
The production from existing oil and gas fields will decline, and continued exploration and replenishment is essential to maintaining long-term, important energy deliveries from Norway.
Horisont Energi has entered into an option agreement on the location of an onshore terminal for the Errai carbon capture and storage project in Norway.
Aker BP’s contracts are expected to generate more than 150 000 full-time equivalents at a number of shipyards and supplier companies all along the Norwegian coast.
No one has looked at these numbers before. It has been said that emissions need to be cut by 50 per cent, but no one knows what total we are cutting from, or where we are going.
Fugro has been awarded a marine site characterisation contract by the Norwegian Petroleum Directorate (NPD) for the Sørlige Nordsjø II offshore wind farm.
