BP breaks from peers to unleash cash bet that oil will stay high
BP is gearing up to leave European competitors in the dust, at least when it comes to spending the industry’s enormous cash pile.
BP is gearing up to leave European competitors in the dust, at least when it comes to spending the industry’s enormous cash pile.
Equinor and partners have detected 12-25 million recoverable barrels of oil at the Skruis exploration well in the Johan Castberg licence.
Forget "Drill, baby, drill!" The world’s biggest oil companies aren’t returning to their spendthrift ways, despite crude’s recovery.
An estimated £15.6billion will be spent between now and 2025 on oil and gas projects in the UK North Sea, according to analysts GlobalData.
Norwegian energy major Equinor said today that first oil from its £4.5 billion Mariner project in the UK North Sea had been pushed into next year.
The UK is working to “go beyond” Norway on offshore automation according to Aberdeen-based technology experts, following a landmark development in the Norwegian North Sea.
The Rowan Stavanger jack-up rig has won a £17.7million contract for drilling work at Equinor’s Gurdrun field.
Norwegian energy giant Equinor has inked an agreement to sell off its non-operated interests in the Tommeliten discovery to Polish state-owned oil and gas firm PGNiG for £167 million.
Norwegian energy giant Equinor celebrated the start-up of its first unmanned platform yesterday in the Oseberg Verflanken 2 field in the North Sea.
Norwegian oil firm Equinor has agreed a multi-million deal with Aker BP to sell its 77.8% operating interest in the North Sea King Lear discovery.
Norwegian energy giant Equinor is to lead North Sea production over the next seven years, according to a new report.
Equinor has announced that it is to extend two Maersk contracts for operational support on the Martin Linge field.
Oil firm Equinor has announced it has spudded the first well at its Utgard field on the median line between the UK and Norway.
Equinor has received consent to continue its use of the Snorre A and Snorre B facilities, the Norwegian Petroleum Directorate (NPD) has revealed.
Norwegian oil giant Equinor has announced a reduction of £2.8 billion in estimated investments for North Sea projects in the development phase.
Equinor's appraisal volume on the Cape Vulture discovery has confirmed the presence of 50-70 million recoverable barrels of oil.
The floating wind sector must "attract private equity" if it is to emulate the success of bottom fixed offshore wind projects, a WindEurope report has said.
Swedish oil firm Lundin Petroleum will acquire Equinor's entire 15% in the Norwegian licence containing the Luno II discovery.
Norwegian energy giant Equinor has struck a deal to return to one of UK North Sea’s biggest undeveloped fields after a five-year absence.
Equinor’s takeover as Rosebank operator will give impetus to a project which has stuttered since the field was discovered in 2004, analysts said.
Norwegian energy giant Equinor is in the running for Chevron's 40% interest in the Rosebank field, a news report said.
Energy giant Equinor has now entered into two new built shuttle tanker contracts with Knutsen NYK Offshore Tankers AS.
Norwegian oil major Equinor is tightening up its alliances with Aker Solutions and TechnipFMC for the supply of subsea equipment and services.
The chiefs of BP, Shell, Equinor and Total are to join forces in an attempt to highlight suppliers who respect the human rights of their workforce.
Oil exploration firm Aker BP has concluded the drilling of two appraisal wells and a wild cat well in the central North Sea, according to the Norwegian Petroleum Directorate (NPD).