Norwegian company OKEA has strengthened its management team by appointing experienced professionals to implement new strategic objectives and expand operations beyond mature fields. As a result of these changes, the executive team has been streamlined and refreshed.
Odfjell Drilling does not expect any new rig orders in the coming years, despite a shrinking supply and an aging fleet. The company is focusing on extending the operational life of its existing platforms.
Norwegian oil and gas companies are actively developing complex and dense reservoirs, using advanced technologies to tap into previously hard-to-reach reserves. Successes in projects such as Victoria are opening up new opportunities for the industry and could significantly increase the country's oil and gas production.
Norway is actively advancing the implementation of subsea connections in the oil and gas sector, which helps accelerate the development of new fields and reduce costs. Major operators such as Equinor plan to launch dozens of similar projects in the coming years, opening up new opportunities for contractors and strengthening the country's position in the global energy market.
Norwegian company Vaar Energi plans to drill seven exploration wells in the second half of 2026 to increase oil and gas reserves at key fields. The main targets—Lakris, Jotun Deep, Anabelle, and others—have significant potential and could be connected to the company’s existing infrastructure.
Norwegian company Equinor significantly exceeded analysts' profit expectations in the second quarter, driven by rising oil and gas prices as well as improvements in production processes. Output increased by 3%, while key projects and deals further strengthened the company's market position.
International studies have shown that the mysterious low-frequency hum heard by millions of people is most often an internal noise generated by the auditory system, rather than an external sound. This phenomenon is linked to the unique workings of human hearing.
Norwegian investment company HitecVision has fully exited its stake in SED Energy Holdings, selling its share for 1 billion Norwegian kroner. The deal attracted significant interest among investors.
Equinor has signed agreements with 18 contractors for well maintenance services worth approximately 17 billion Norwegian kroner, aiming to sustain production at 1.2 million barrels per day until 2035. Around 2,500 specialists will participate in these projects, and the new wells are expected to provide up to 70% of the company’s production by 2035.
Norway is launching the offshore Trudvang CCS project for carbon capture and storage, designed to capture up to 9 million tons of CO₂ per year—almost 20% of the country’s total emissions. The project is scheduled to begin operations in 2029, with contractors set to develop an integrated chain for transporting and storing CO₂.
Equinor has signed a contract for the design of the Atlantis gas condensate field and has launched the new Eirin gas field, further strengthening the development of the Norwegian continental shelf.