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Author: Jennifer Oliver



Norway’s upstream sector is thriving: Wood Mackenzie

It’s full steam ahead for Norwegian oil and gas operators, say consultants Norway’s oil and gas production growth and record cash flows in 2022 will strengthen balance sheets while there’s a record number of final investment decisions for projects in the nation on the table, according to UK-headquartered consultants Wood Mackenzie. The high activity level […]

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Equinor set to sanction huge Brazilian offshore project

Equinor and its partners will sanction BM-C-33 development by early 2022 with potential final investment decision in early 2023 Norway’s Equinor will soon sanction development of the giant Pao de Acucar gas condensate field on Block BM-C-33 in Brazil’s Campos basin. “We have matured towards preliminary project sanction now or [the] beginning [of] next year […]

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Success in 2021 & Optimism for 2022

To say 2021 was an exhilarating year may truly be an understatement. Recovery from the global pandemic and the 2020 collapse of oil prices was underway and Noia members worked hard to maintain their operations and get our offshore oil and gas industry up and running again. While we are not where we hoped we […]

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Noia Welcomes Braya Renewable Fuels Announcement

(St. John’s, NL – November 30, 2021) Today, the Government of Newfoundland and Labrador announced that Cresta Fund Management has reached an agreement to purchase a majority interest in the North Atlantic Refinery at Come By Chance, Newfoundland and Labrador to produce renewable diesel and sustainable aviation fuels. Noia welcomes this announcement as it ensures […]

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