Analysis: Labour windfall tax plans will slash value of North Sea portfolios
Apache, CNOOC and Equinor will see hundreds of millions of dollars slashed.
Equinor
Equinor targets US, UK and Brazil for cash flow growth
“But most of the cash flow increase is coming from improvements in the quality of the portfolio. We're shifting from mature legacy assets to next generation assets.”
Unite hails recognition deal on Equinor’s Mariner platforms
Unite has welcomed a new agreement with Equinor that sees recognition for dozens of its members working at the Mariner field.
Equinor expects offshore wind costs to improve
The Equinor CEO said he had regular discussions with turbine makers on improving costs. “I’m sure that in time offshore wind will be back with lowering the levelised cost of energy.”
Equinor fourth quarter profits beat estimates, share dividend cut
Equinor (OSE:EQNR) reported fourth quarter adjusted earnings of $8.68 billion, a fall from the highs of $17 billion a year earlier but still slightly higher than analyst estimates.
Equinor’s Bay du Nord project passes 1bn barrels of reserves
An Equinor representative confirmed to Energy Voice the company was “now in the market again with concept and feasibility studies related to the Bay du Nord development project”.
Climate activists in Norway claimed victory in a court battle over North Sea oil fields. Will the UK be next?
After a court in Norway ruled in favour of climate activists over North Sea oil field downstream emissions, will UK courts follow suit?
North Sea operators outline plans for new exploration licence offers
17 companies scooped licence offers in the latest tranche of awards as part of the 33rd round, with plans for some prospects already in the works.
Norway’s carbon capture scheme boosted by Germany’s change of heart
A Norwegian project to bury carbon under the seas is getting backing from Germany
Who won? A look at the latest North Sea licences being dished out by NSTA
The second tranche of the 33rd offshore licensing round sees 17 companies awarded North Sea licences
Equinor among big name bidders for fourth New York offshore wind round
Equinor, Ørsted and RWE announce bids for fourth New York offshore wind round
Odfjell union workers call off strike at Equinor’s Mariner platform
Odfjell Technology workers on Mariner will now move to two weeks on, three weeks off rotas
BP untangles itself from Equinor on NY offshore wind projects
BP (LON: BP) and Equinor ASA are parting ways in the US offshore wind market.
Hywind maintenance a ‘lost opportunity’ for UK supply chain
Scottish Enterprise’s David Rennie said the news had given him a “shiver”.
Contract dished out for ‘major maintenance’ on Equinor’s Hywind Scotland
This is the second time in recent months when a Scottish floating wind project has gone overseas for repairs.
100 Odfjell Technology drillers threaten to bring Mariner to ‘standstill’ with strikes
Unite the Union said three months of strikes will kick off at the end of January.
Equinor to return Hywind turbines to Norway for ‘heavy maintenance’
Equinor is to return all turbines from the world’s first floating wind farm to Norway for several months of maintenance.
Analysis suggests Rosebank could be worth net $4bn to owners
New analysis suggests Equinor’s Rosebank project could be worth around $4bn to its shareholders, after tax.
UK government delays decision on two Equinor offshore wind extensions
Equinor wants to double the capacity of the Sheringham Shoal and Dudgeon offshore wind farms off the coast of Norfolk
Equinor and BP terminate agreement for Empire Wind 2 project in New York
Equinor and BP will seek "new offtake opportunities" for the Empire Wind 2 project.
NSTA carbon storage licensing projects start to lock in industrial partners
The UK government outlined its CCUS Vision in December, but where will the carbon set to be stored in offshore sites be sourced from?
Shell awards Seatrium work on new FPU
The new FPU replicates about 95% of Whale’s hull and 85% of Whale’s topsides, Shell has said.
Rosebank: Risk and reward underpinned by geology
Rosebank has been known as a complicated prospect to tap into many years - we speak to Professor Nicholas Schofield about the much-overlooked geology underlying this complexity.
Azule signs up three more deepwater licences
“Blocks 46 and 47 have never been explored before and represent a new frontier exploration area that can be a game changer for our company and the country’s energy industry."
International waterway woes pile up price pressures
“Longer supply lines tie up more vessels, boost freight rates, widen origin-destination spreads, and lift bunker demand,” Bank of America Global Research analysts said.