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World’s biggest wealth fund wants ‘clarification’ on new CEO

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(Bloomberg) -- The world’s biggest wealth fund said it’s eager to get clarity on who will lead it, after a botched recruitment...

Norway to tackle $100 billion P&A liabilities with new oilfield tech

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(Bloomberg) --North Sea nations and oil companies face costs of more than $100 billion to shut down old wells in the depleted region. Researchers...

Norway tax relief to cut breakevens by 40%, boosting the country’s...

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A Rystad Energy assessment of the temporary tax relief package for the petroleum industry that Norway recently approved reveals that the move will improve...

TechnipFMC bags subsea contract for Norway projects

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Equinor has awarded two contracts and issued a letter of intent to TechnipFMC for pipelaying and subsea installation for three projects on the Norwegian...

Norway says still willing to cut oil output if OPEC+ plan...

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(Reuters) - Norway, Western Europe’s largest oil producer, said on Saturday the country was still considering cutting oil production if the OPEC+ group implemented...

Thousands of O&G workers face lay-offs in Norway as COVID-19 spreads

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As the COVID-19 global pandemic rages on, Norway, holder of the world’s largest Sovereign Wealth Fund, is seeing a rapid increase in cases as...

ExxonMobil confirms sale of Norway upstream operations for $4.5 billion

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ExxonMobil announced on Thursday that it has signed an agreement with Vår Energi AS for the sale of its non-operated upstream assets in Norway...

Exxon agrees $4 billion sale of Norway oil and gas assets

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(Reuters) - Exxon Mobil has agreed to sell its Norwegian oil and gas assets for up to $4 billion, ending its production in a...

Substantial oil resources to be unlocked in Norway through increased recovery...

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Increased recovery projects in Norway will unlock substantial oil resources, driven predominantly by the majority state-owned Equinor, says GlobalData, a leading data and analytics...

Substantial oil resources to be unlocked in Norway through increased recovery...

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Increased recovery projects in Norway will unlock substantial oil resources, driven predominantly by the majority state-owned Equinor, says GlobalData, a leading data and analytics...