Chinese rig finds oil in Barents Sea
The Cosl Prospector discovered up to 52 million barrels of oil in an appraisal well in Norwegian Arctic waters. The
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Business (Norway)
Norway wealth fund hits record 20 trillion crowns
The value of Norway’s sovereign wealth fund, the world’s largest, rose to a record 20 trillion crowns ($1.80 trillion) on
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Oslo and Moscow safeguard fishery cooperation
Fifty years of fishery cooperation in the Barents Sea could collapse if Norway closes all its seaports for Russian fishermen,
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Cod quotas lowered for the fourth year in a row
Russia and Norway have reached a deal for the 2025 fish quotas in northern waters. They do not meet in
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Oil ship is on its way to Norway’s new Arctic field
The 300 meter long FPSO will before year’s end be ready to give a boost to the country’s oil production
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easyJet launches seven direct flights to Arctic Norwegian city of Tromsø
Budget airline easyJet’s new route map shows no less than seven direct flights from mayor European cities to Arctic booming
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Norwegian company prepares for far northern drilling at disputed Wisting field
As sea-ice in the northern parts of the Barents Sea retreats, the Norwegian oil company AkerBP sends a drilling rig
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Norwegian launches direct flights from Munich and London to Rovaniemi
The winter is hardly over before airliners start to announce next seasons flights to the most popular Arctic snow destination.
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Swedish developer GRANGEX buys iron ore mine on Norway’s border to Russia
The exit of Russian ore from the European market spurs a growing demand for companies such as Sydvaranger, GRANGEX leader
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Europe needs unique iron ore from Kirkenes, says Swedish mine developer
But the security situation in the Norwegian-Russian border area might scare away investors, admits Christer Lindquist, CEO of Grangex. “This
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Substantial expansion of trout farming in cooling water of Kola nuclear power plant
Russia aims to reduce dependence on Norwegian fry imports. The expanded facilities next to Kola nuclear power plant in Lake
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Stricter rules apply to tourists heading to Svalbard
Increased Arctic tourism has resulted in bigger pressure on vulnerable wildlife and nature. The Norwegian Government on Friday adopted amendments to
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Norwegian king crab exports surge amid Russia sanctions
Export value last year increased by 43% compared with 2022, data from the Norwegian Seafood Council shows. All-time high value
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Norway expands oil drilling, boosts production
The petrostate awards another 62 drilling licenses to the oil and gas industry. The country steers towards a 15-year high
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Arctic Council report analyzes flag states and legal obligations in Arctic shipping
A recent report examining the flag states of ships travelling in the Arctic shows Russia, Norway and Denmark were the
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