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Norways Solveig Buys Oilfield Operator Capricorn From Cairn For $100 Million

2019-11-27 15:02:08| OGI

Norwegian pipeline firm Solveig Gas has agreed to buy oil firm Capricorn Norge from Cairn Energy for $100 million, completing its transformation into a North Sea field operator, Solveig's owner HitecVision said on Nov. 27.

Tags: million operator buys capricorn

 

Norways Oil Industry Raises 2019-2020 Investment Forecasts

2019-11-21 21:10:23| OGI

Oil industry investments are now seen at 182.9 billion Norwegian crowns (US$20.0 billion) in 2019, up from the 181.7 billion crowns forecast in August, SSB said.

Tags: industry investment oil raises

 
 

Report: Norways Oil Industry Faces Thinner Margins

2019-11-19 15:44:55| OGI

Norways oil industry faces thinner margins as smaller new discoveries boost per-barrel development costs, Statistics Norway (SSB) said in a report Nov. 19

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Aker BP Plans Early Startup At Norways Aerfugl Gas Field

2019-11-11 15:18:04| OGI

The company plans to start Aerfugl production in first-half 2020, three years ahead of what had originally been billed as the fields second phase.

Tags: field early plans gas

 

Norways August Oil, Gas Output Lag Forecast

2019-09-24 15:29:03| OGI

The most important causes for the lower than expected output in August is technical problems and maintenance work at some fields, the agency said in a statement.

Tags: august gas oil output

 

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