Russian oil firm Lukoil quits Norwegian trade body following suspension
Moscow-headquartered Lukoil (LON: LKOH) has terminated its membership of industry trade body Norwegian Oil and Gas.
Equinor
Equinor shuffles top team, tributes paid as company stalwart calls it a day
Norwegian energy giant Equinor (OSLO: EQNR) has made a host of changes to its top brass after a senior figure announced his intention to retire.
TotalEnergies pulls capital for ‘new projects’ in Russia
TotalEnergies has said it condemns Russia for its “military aggression against Ukraine” and will not provide capital for new projects in Russia.
Equinor follows BP in exiting ‘untenable’ Russia joint ventures
Norwegian oil giant Equinor has followed BP in announcing that it will start exiting its joint venture businesses in Russia.
Ukraine crisis unlikely to have a ‘material impact’ on BP or TotalEnergies
Researchers don’t expect the ongoing conflict between Russia and Ukraine to dent the flow of cash to BP (LON: BP) or TotalEnergies (PAR: TTE).
Former Equinor exploration boss joins NEO Energy
HitecVision-backed New European Offshore (NEO) Energy has appointed an oil and gas heavy hitter to its board of directors.
Equinor signs key contract to use Knarr FPSO at Rosebank field in West of Shetland
Equinor has put pen to paper on a contract with Altera Infrastructure to use the Knarr FPSO at the Rosebank field in the West of Shetland.
Big Oil forecast to return billions to shareholders this year
Oil and gas giants are expected to fork out billions of pounds on share buybacks this year as they reap bumper profits.
Aker BP is looking to buy more assets in Norway’s oil and gas sector
Aker BP is actively looking to purchase more assets or companies operating in Norway’s lucrative oil and gas sector, according to Oyvind Eriksen, chief executive of the firm’s parent company.
VIDEO: Equinor’s Johan Castberg FPSO sets sail for Norway
Following a string of delays, Sembcorp Marine has completed construction of the hull and living quarters for the Johan Castberg unit, which has now begun dry transport from Singapore to Norway.
OEUK hosts first event under fresh name as North Sea chiefs herald in new era
Offshore Energies UK (OEUK) chief executive Deirdre Michie says the trade body will champion an “inclusive future” as it enters a new dawn.
Equinor extends drilling contracts with Archer, KCA Deutag and Odfjell Drilling
Equinor (OSLO: EQNR) is exercising options worth £663 million to extend drilling contracts with Archer, KCA Deutag and Odfjell Drilling.
Equinor exercises £1bn worth of contract extensions
Equinor said it would extend a series of framework agreements covering maintenance and modification services for its onshore and offshore installations.
Equinor to press ahead with North Platte as TotalEnergies exits
TotalEnergies is dropping out of the North Platte development, in the US Gulf of Mexico.
Equinor to ‘compete fiercely’ on future projects, following ScotWind snub
Evaluating the company’s 2021 results, executives from the Norwegian energy giant spoke of their disappointment at not securing capacity in the recent ScotWind auction, but said it would not change their renewables strategy.
Equinor hails ‘record’ earnings for Q4 2021 as European energy prices skyrocket
Equinor has hailed “record adjusted earnings” in Q4 of 2021 as European energy prices reached unprecedented levels.
Equinor blazes the subsea drone stations trail
Six years ago, Equinor began a journey towards the creation of standardised docking infrastructure for subsea drones, a new class of vehicle with the potential to revolutionise robotic support in the oil & gas and maritime renewables sectors worldwide.
Longboat reports dry well at Ginny/Hermine
Licence partners including Longboat Energy and OKEA have confirmed the Ginny/Hermine exploration well in the Norwegian Sea failed to encounter hydrocarbons.
Equinor publishes new Wisting assessment
Equinor has published an impact assessment for the development and operation of its Wisting field, fleshing out details on investment, operating expenditure and electrification plans.
Norway well slot: Three exploration wells active
Westwood Global Energy reports that there were three exploration wells active as of 24 January. One exploration well has spudded and completed in 2022.
Exclusive: North Sea trade body OGUK drops ‘oil and gas’ from name in new energies rebrand
Oil and Gas UK (OGUK) is dropping “oil and gas” from its name in a rebrand which will see its focus and remit broaden to new energy sources.
Wellesley’s Gjøa wildcat comes up dry
Wellesley Petroleum has concluded drilling at its wildcat well north of the Gjøa field in the Norwegian North Sea, finding it dry.
Norwegian energy minister to cut ribbon on Martin Linge field
Equinor’s Martin Linge oil and gas field will be officially opened today after more than six months in production.
EC-OG becomes Verlume as pace of north-east energy transition quickens
Aberdeen-based subsea technology firm EC-OG has rebranded as Verlume, joining the throng of companies removing any reference to oil and gas in their names.
Updated: Baker Botts, GaffneyCline to lead Tanzania’s LNG talks
Tanzania has chosen the UK office of Baker Botts and GaffneyCline to lead talks with foreign investors on a proposed LNG export facility.