Norwegian

A United Nations-tied international shipping safety organization has tapped a Norwegian foundation to examine how liquefied natural gas (LNG) can be turned into a primary fuel source for ships plying the waters of North America.

A United Nations-tied international shipping safety organization has tapped a Norwegian foundation to examine how liquefied natural gas (LNG) can be turned into a primary fuel source for ships plying the waters of North America.

The U.S subsidiary of Norwegian producer Norse Energy Corp. ASA filed for Chapter 11 bankruptcy protection on Friday, just days after a New York judge ruled the cash-strapped company had to deposit millions into an escrow account for a legal dispute with a drilling company.

The Marcellus Shale is a “solidly economic” shale play that could play a big role in the export of liquefied natural gas (LNG) from the United States to Europe and Asia, but regulatory hurdles, stiff competition and market forces are all significant obstacles, according to two energy industry experts.

Norwegian heavyweight Statoil ASA, which already holds substantial assets in the Marcellus and Eagle Ford shales, has a deal on the table to acquire Austin, TX-based independent Brigham Exploration Co., which would give it access to the Williston Basin’s Bakken and Three Forks oily formations.

Norwegian heavyweight Statoil ASA, which already holds substantial assets in the Marcellus and Eagle Ford shales, has a deal on the table to acquire Austin, TX-based independent Brigham Exploration Co., which would give it access to the Williston Basin’s Bakken and Three Forks oily formations.

Norwegian energy powerhouse Statoil ASA on Friday said it would buy another 59,000 net acres in the Marcellus Shale from Chesapeake Energy Corp., which has been its partner in the play since 2008.

Norwegian energy powerhouse Statoil ASA on Friday said it would buy another 59,000 net acres in the Marcellus Shale from Chesapeake Energy Corp., which has been its partner in the play since 2008.

Norwegian oil and gas giant Statoil ASA last week increased its stake in emerging U.S. shale gas development by inking transportation agreements to carry its Marcellus Shale production from Pennsylvania to markets in New Jersey and New York.