Climate change threatens Svalbard

After decades of warnings, Norway’s Arctic settlements on Svalbard are suddenly facing more dramatic effects of climate change. Its current, highly visible consequences on Svalbard are emerging just as climate and environmental advocates met once again last week, for a Global Climate Action Summit in San Francisco that also attracted Norwegian officials caught between efforts […]

Employers plan to hire more workers

Employment prospects are looking up again in Norway. A new survey shows that many companies are planning to do more hiring by the end of the year, while employers in four out of five reagions in Norway plan to increase staffing. “Employers looking for new talent will need to prepare for tough competition,” Maalfrid Brath, […]

Two ministers leave the government

Transport Minister Ketil Solvik-Olsen confirmed on Thursday that he’s steering a new course, and resigning after five years as one of the Progress Party’s most popular top government officials. More ministerial changes are due to be formalized at the weekly Council of State on Friday. Newspaper Dagbladet reported that Solvik-Olsen is stepping down as transport […]

Equinor hailed over wind power project

Norway’s state oil and energy company Equinor was winning widespread and unusual praise on Wednesday from environmental organizations and politicians, after it announced plans for an offshore wind park. The goal is for huge windmills to provide power to the Gullfaks and Snorre oil fields, with the state picking up much of the bill. Equinor […]

Oil industry meets amid new ‘bonanza’

Thousands of oil industry players from all over the world are in Stavanger this week for the latest Offshore Northern Seas (ONS) exposition, and the mood could hardly be better. It was only fitting that the price of a barrel of North Sea crude jumped back up to USD 76 this week, adding to optimism […]

Supply ships busy in Russian waters

Norwegian supply ships that offer various services to the offshore oil industry have been busy in Russia’s Arctic waters this summer. It’s welcome business for supply ship owners that lost lots of business when the oil price collapse in 2014 dried up activity on the Norwegian Continental Shelf. Several supply ship owners faced bankruptcy, and […]

Lofoten ‘saved’ from oil, for now

The scenic and highly popular coastal areas around Lofoten, Vesterålen and Senja in Northern Norway will likely be spared from controversial oil exploration and production activity offshore. The oil industry is unhappy, but political reality has even set in among trade unions and other organizations keen on the jobs oil activity could create. The first […]

Oil industry faces labour shortage

The rapid recovery of Norway’s oil industry is suddenly leaving some offshore oil and oil service companies short of workers. State welfare and employment agency NAV reports that a labour shortage is beginning to resurface in several sectors, with the decline in unemployment greatest among engineers and information technology experts. Unemployment in Rogaland County on […]

Equinor poised for ‘extreme’ profits

Massive cost-cutting in recent years and rising oil prices can lead to “extreme profitability” for Equinor, Norway’s state-controlled oil and energy firm that recently changed its name from Statoil. One Oslo analyst thinks the company can earn more money during the next two years than it has in the last 17 together. “Equinor has spent […]

Strike spread to more oil platforms

A strike by workers on several offshore oil platforms spread this week with no settlement in sight. More thn 3,000 workers have been pulled off the job, in a strike that’s now significantly cutting into oil and gas production. Norwegian Broadcasting (NRK) reported that around 1,500 platform workers who aren’t a part of the conflict […]