FIDs predicted in 2023 for large untapped UK oil and gas fields
Investment decisions could be on the way for Perth, Bentley and Bressay in the North Sea, alongside West of Shetland giants.
Investment decisions could be on the way for Perth, Bentley and Bressay in the North Sea, alongside West of Shetland giants.
Equinor (OSLO:EQNR) and its partners have today submitted plans for new compression and electrification facilities at the Hammerfest LNG plant (HLNG), securing gas exports beyond 2030.
EnQuest was slapped with what is believed to be the largest fine issued by the North Sea Transition Authority (NSTA) to date.
Aker BP and its partners will submit a record ten plans for development and operation (PDO) to Norwegian authorities on Friday, paving the way for more than $20bn in investments.
Aker BP and Equinor have made a final investment decision on the Krafla field, amid an operational reshuffle and renaming of the wider NOAKA area.
Equinor (OSLO:EQNR) has confirmed the start up of the second phase of its 2.7 billion barrel Johan Sverdrup megaproject in the Norwegian portion of the central North Sea.
More than 2 million barrels per day of floating production system (FPS) throughput capacity could be sanctioned this year – the highest for more than a decade – according to analysis from Westwood Global Energy.
Having completed its 2022 drilling programme, Longboat Energy (LON:LBE) has secured additional lending and is now looking to its next phase of exploration in 2023.
Equinor has been pushed for answers on the emissions profile of its £8bn Rosebank project planned for the West of Shetland.
Equinor has announced Philippe Francois Mathieu will take on the role of executive vice president for international exploration and production, succeeding outgoing executive Al Cook.
Protestors have gathered at London's Trafalgar Square Christmas tree to protest Norway-based Equinor's plans to develop the Rosebank oil field in the UK.
The Keadby 3 carbon capture power station in the Humber has become the first power and CCS project in the UK to receive planning permission.
BP (LON: BP), Ithaca Energy (LON: ITH) and Equinor (OSLO: EQNR) will see the valuations of their West of Shetland oilfields increase by half a billion dollars after electrification, according to analysis.
Equinor has submitted plans to press ahead with the £385m Verdande oilfield in Norway.
BP (LON: BP), Ithaca Energy (LON: ITH) and Equinor (OSLO: EQNR) are teaming up to slash emissions at huge oilfields in the West of Shetland through electrification.
As of 25 November, Westwood Global Energy reports that there are three exploration wells active, with two in the Norwegian Sea and one in the Barents Sea. Since the previous report, one exploration well program has completed at Oswig, and one exploration well has spudded at Countach.
A host of North Sea environmental statements (ES), lodged between April and August, are still to be rubber stamped, with some expected to receive sign off before the year is out.
The CEO of the North Sea Transition Authority (NSTA) has been shouted off stage by protestors – during a speech about the energy trilemma.
Colliers has reported a third quarter slowdown in Scottish office investments despite the £20 million sale of Equinor House in Aberdeen.
China’s CNOOC is reportedly seeking a $2 billion sale of its assets in the US as sanction concerns ramp up.
Norwegian energy giant Equinor (OSLO: EQNR) is looking to add a military veteran to its board of directors.
Norway’s Equinor said it is “still working hard” on sanctioning the Rosebank oilfield in the first quarter of next year – despite the latest windfall tax “uncertainty”.
Norway will add a new natural gas field in the Norwegian Sea from 2026 in a push to bolster supplies to continental Europe as the EU rushes to replace Russian flows.
A probe has been launched after a fire broke on a North Sea platform earlier this month, sparking a partial evacuation.
Aker Solutions has been handed an extension to a maintenance and modification services contract on Equinor’s (OSLO: EQNR) Johan Sverdrup field.