Norwegian Continental Shelf
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The two companies have agreed to develop a carbon capture and storage supply chain to funnel carbon dioxide produced by German industry into storage deep beneath the Norwegian Continental Shelf.
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The Norwegian oil and gas producer announced its new spending plan that aims to raise production past half a million barrels a day.
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The study assessed the CO2 footprint and NO2 emissions for different drill-cuttings treatment alternatives. The values were then used to create an emissions calculator that can be applied to projects to clarify the actual potential for emissions reduction within the drilling-waste-management process.
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More time and money are needed for Johan Castberg and others, while government looks to boost hydrogen research.
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Applications will now be reviewed, and licenses will be awarded sometime in 2022.
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The paper evaluates the effect of different injection methods on oil recovery and CO2 storage potential in a depleted sandstone reservoir in the Norwegian Continental Shelf.
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The operator's aggressive decarbonization effort has put it on the fast track to produce nearly a third of its oil and gas from the Norwegian Continental Shelf using electricity generated by onshore hydroelectric plants.
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The energy unit of the London-based multinational chemical company is seeking to bolster its ownership of operated offshore assets.
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The Norwegian Petroleum Directorate and Equinor have announced the biggest discovery so far this year on the Norwegian Continental Shelf. Three wildcat wells drilled in the Blasto prospect near the Fram field confirmed the find and were then permanently plugged and abandoned.
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With its third capacity increase in 2 years of production, the third-largest oil field on the NCS is proving to be a powerhouse for Norway.