Firering Strategic Minerals: From explorer to producer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Norway awards 69 oil and gas exploration blocks -NPD

Tue, 14th Jan 2020 12:02

SANDEFJORD, Norway, Jan 14 (Reuters) - The Norwegian
government has awarded 28 oil and gas companies a total of 69
offshore blocks to explore for petroleum in mature areas of its
continental shelf, the Norwegian Petroleum Directorate said on
Tuesday.

While Norway's output is expected to rise sharply in the
next several years as recent large discoveries come on stream,
authorities are keen to extend the lifespan of the oil and gas
industry for decades to come.
(Reporting by Nerijus Adomaitis, editing by Terje Solsvik and
Gwladys Fouche)

Related Shares

More News
18 Jun 2024 08:20

Shell to buy Singaporean LNG firm Pavilion Energy from Temasek

(Sharecast News) - Shell said on Tuesday that it has agreed to buy Singaporean liquefied natural gas (LNG) firm Pavilion Energy from investment compan...

27 Oct 2022 07:30

Shell announces $4bn share buyback as Q3 profits beat expectations

(Sharecast News) - Oil giant Shell announced a $4bn share buyback on Thursday as it posted better-than-expected third-quarter profits.

21 Apr 2022 11:53

Shell turning to China to offload Russian business - report

(Sharecast News) - Shell is reportedly looking to China as it looks to offload its Russian business.

15 Feb 2022 15:54

Shell preparing to sell North Sea gas fields - report

(Sharecast News) - Shell is reportedly preparing to launch the sale of its stakes in two clusters of gas fields in the southern British North Sea, par...

7 Feb 2022 10:52

Berenberg nudges up target price on Shell

(Sharecast News) - Analysts at Berenberg slightly raised their target price on oil and gas giant Shell from 2,350.0p to 2,375.0p on Monday, stating th...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.