Page 2 - Balder Future News Today

Oil and gas projects sanctioned under Norway’s temporary tax regime could help bolster energy supplies to the rest of Europe

Projects sanctioned under Norways temporary tax regime will help maintain high NCS production towards 2030 and increase O&G supply to Europe.

Vaar Energi's Balder X oil and gas project will cost $1.2 billion more than previously expected with petroleum output delayed…

Var Energi will be making an additional investment of $1.2 billion in the Balder X development project.

Vår Energi has provided an update on the progress for the Balder X development and a revised cost estimate which reflect increased scope of work, the continued impact from global supply chain challenges, Covid-19 and schedule change. The Companys production target of more than 350,000 boed by the end of 2025 is unaffected.

Norwegian oil and gas companies Vår Energi and Equinor have recently started a five-year helicopter-sharing agreement in…

More time and money are needed for Johan Castberg and others, while government looks to boost hydrogen research.

Equinor's Johan Castberg Arctic oilfield will cost some 10% more to develop than expected a year ago, and will start production later than expected…