Centrica has concluded the sale of the majority of Spirit Energy’s Norwegian assets to Sval Energi, and its interests in the Statfjord field to Equinor, as it focuses on UK gas production and energy transition projects.
Equinor is to sell its non-operated share in the Greater Ekofisk Area to Sval Energi, alongside a minority share in the Martin Linge field, as part of a $1 billion deal.
Heerema Marine Contractors (HMC) has been selected as a strategic supplier to the Equinor-BP joint venture developing the Empire and Beacon Wind projects off the east coast of the US.
Equinor is extending contracts with oilfield services giants Baker Hughes, Halliburton and Schlumberger for integrated drilling and well services on the Norwegian continental shelf (NCS).
Operators are cracking on with decommissioning with numerous wells in line to be plugged and abandoned (P&A) in the coming months, particularly West of Shetland.
Canada has energy resources of a scale that its neighbour next door covets and guzzles with abandon. There is a great deal of mutual cross-border dependence but it wasn’t always that way.
After a decade of languishing in the doldrums, the US offshore wind industry is picking up steam as it races to meet new installation targets set by the Biden administration.
India’s Oil and Natural Gas Corporation Limited (ONGC) and Norway’s Equinor will collaborate in the areas of upstream exploration and production (E&P), midstream, downstream, and clean energy options, including carbon capture utilisation and storage (CCUS) in India, after the pair signed a memorandum of understanding (MoU).
The first of 11 turbines bound for Equinor's Hywind Tampen floating wind project in the Norwegian North Sea is now standing tall, ahead of installation later this year.
Work has begun to install the first length of cable for what will be the world’s largest wind farm, firing the starting pistol on offshore construction.
Norwegian E&P Vår Energi (VAR:NO) has reported pre-tax profits of $1.65 billion for Q1 2022, in its first quarterly results posting since its February 2022 listing.
Oilfield services giant Schlumberger reported pre-tax profits of $638 million for the first quarter of 2022, as it hailed “one of the strongest outlooks for the energy services industry in recent times.”