The licences have gone to Faroe Petroleum and Valiant Petroleum, with Norway taking a 25% stake in both through state-owned oil firm Petoro.
Read more... Add new comment
Commodities
Norway to start its quest for Hydrocarbon in Iceland
- Tuesday, 08 January 2013 04:48
- administrator
- Hits: 125
ABB wins $51 million order from Kazakhstan copper maker
- Wednesday, 12 December 2012 20:30
- administrator
- Hits: 267
Monday said it won orders worth $51 million under a partnership agreement with Kazakhstan's largest copper producer Kazakhmys Plc, to provide comprehensive electrification and automation solutions for two new copper plants in Kazakhstan.
Iran Ups Iron Ore Production by 8.7%
- Friday, 06 July 2012 21:26
- administrator
- Hits: 181
The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) announced that the country's iron ore production in the first three months of the current Iranian year (March 20 - June 20, 2012) exceeded 7,550,000 tons, showing a 8.7% growth compared with the same period last year.
Iran oil minister praises country's self sufficiency in Oil & Gas
- Thursday, 28 June 2012 12:36
- administrator
- Hits: 219
Oil Minister Rostam Qasemi on Thursday praised the country’s achievements in the field of oil and gas self-sufficiency.
Iran to increase it oil exports
- Wednesday, 27 June 2012 08:22
- administrator
- Hits: 121
Deputy oil minister of Iran said on Tuesday that the country is planned to increase its oil exports.
Norwegian
