Fredriksen shares shoot up 70 per cent – ​​quadrupling in the last month

Aker Carbon Capture has been awarded a full FEED project for Hafslund Oslo Celsio’s CCS project, and the share is now up 2.21 per cent.

Seacrest Petroleo has presented production figures. After weather events that resulted in a drop in production earlier in November, the oil company is now back at normal levels. The share rises 8.59 percent.

Vow Green Metal has signed agreements with Vardar, who will invest up to NOK 100 million in the company. This strengthens the share by 4.35 per cent.

Zaptec is recovering somewhat, after falling last week. Among other things, Jan Petter Sissener’s Sissener Canopus announced that they are completely out of the company. On Monday, the Zaptec share strengthened by 2.84 per cent.

The oil price

The January contract for Brent oil is down 0.65 percent to $80.06 a barrel on Monday morning, while WTI oil is down 0.79 percent to $74.94 a barrel.

In comparison, a barrel of North Sea oil traded for 81.05 dollars a barrel at the end of the stock exchange in Oslo on Friday.

This weekend was originally supposed to be a ministerial meeting in OPEC+. Last week, the meeting was postponed, probably due to internal disagreement about future cuts, which sent the oil price down 4 percent.

Now the oil cartel will meet online on Thursday instead.

– OPEC+ must show significant discipline in terms of supply, or at least signal such an ability, to alleviate the market’s concerns about a large surplus in the oil market next year, says analyst Vivek Dhar at the Commonwealth Bank of Australia.

Equinor falls 1.14 per cent, while Aker BP weakened by 1.03 per cent. Our Energy is down 1.82 percent.

Several oil service shares also weakened. Aker Solutions is down 3.13 per cent, while PGS and TGS weakened by 1.51 per cent and 1.09 per cent respectively. Subsea 7 falls 1.17 percent.