OSLO, May 11, 2023 – Norway has launched its latest oil and gas bid round with 92 new blocks on offer, the Ministry of Petroleum and Energy announced on Monday.
Norway on Tuesday said it plans to offer a record number of gas and oil exploration blocks in the Arctic, with environmental NGOs condemning an “aggressive” promotion of fossil fuels.
OSLO, Jan 9 (Reuters) – Norway’s oil output is expected to rise by 6.9% this year as the huge Johan Sverdrup field ramps up production while gas volumes are predicted to remain unchanged near record highs, the Norwegian Petroleum Directorate (NPD) said on Monday.