Equinor has awarded NOK 6 billion ($613 million) in contracts for four subsea projects offshore Norway, involving TechnipFMC, OneSubsea, Ocean Installer and NOV, to accelerate developments, reduce costs and unlock future production.
Leading Norwegian technology company Kongsberg has secured a contract to protect critical infrastructure for an international company. The essential systems include oil and gas installations, telecommunication cables, energy grids, ports and transportation networks.
European Union’s (EU) petroleum oil imports remained stable in Q1 2026, with values up 0.8% and volumes down 0.6%, while LNG volumes rose 2.9%. The US led oil and LNG supplies, while Norway dominated pipeline gas imports.
Soiltech has been awarded three contracts to deliver fluid treatment (STT) services on rigs in the Black Sea, the Netherlands, and Norway. The STT will be applied differently on each rig, with solutions adapted to the specific composition of the fluids being treated.
A $2 trillion sovereign wealth fund, managed by Norway's Norges Bank Investment Management, has begun using AI to police its own portfolio, deploying a large language model to scan over 7,000 companies for links to forced labour, corruption and fraud, thus reshaping how ESG risk is detected and acted upon, said a report.
DNO, the Norwegian oil and gas operator, has announced that its wholly-owned subsidiary DNO Norge has been awarded participation in 17 exploration licenses, of which four are operatorships, under Norway's Awards in Predefined Areas (APA) 2025 licensing round.
Wood, a global leader in consulting and engineering, has secured two five-year framework agreements with Equinor to provide maintenance and modifications (M&M) services and large modifications projects for installations on the Norwegian Continental Shelf (NCS) and the associated onshore plants.
