Norwegian state-owned giant Equinor and its compatriot Sval Energi have entered into an agreement for the sale of Equinor’s non-operated share in the Greater Ekofisk Area and a minority share (19 per cent) in the Martin Linge field, both located in the North Sea offshore Norway.
About 28,500 workers at Norwegian shipyards, oil industry fabrication plants and other manufacturers will go on strike from April 1, unless labour unions and employers reach a new wage deal, a state-appointed mediator said on Monday.
Europe's biggest utilities Enel and Iberdrola saw the clean energy transition coming decades ago when others baulked at the high cost of producing energy from the sun and wind and instead stuck with coal and oil.
Norwegian energy intelligence group Rystad Energy expects to see an increase in offshore wells drilled this year and the next one, compared to 2020, when the number was hit by low oil prices and the pandemic.
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