Norway

Norway's state-run Statoil is going ahead with the Gudrun field development in the southern North Sea after receiving the regulatory green light on February 18.

Norwegian national oil company Statoil has announced its Q409 and full year 2009 results. Total revenues fell 29% in 2009 to NOK465bn (US$79bn) from NOK656bn (US$112bn) in 2008.

Swedish independent Lundin Petroleum has announced that it plans to spend US$540mn on development and exploration in 2010.

The Norwegian government has awarded 38 production licences to 42 companies, of which 19 have been offered operatorships, according to the country's Ministry of Petroleum and Energy.... 2010-01-20

The Norwegian oil industry association, the OLF, has published the findings of a study showing that 70% of Norwegians are in favour of an impact assessment to assess the potential... 2010-01-15

Norway's Det Norske Ojeselskap and Aker Exploration have completed their merger after the close of trade on the Oslo Bourse on December 22.

US major ExxonMobil is reportedly considering selling its stake in the Gassled joint venture (JV) that is the formal owner of Norway's gas transport infrastructure.