Equinor offloads minority stake in Statfjord feild in $220m deal
Equinor has signed a deal to offload 28% of its working interest in the Statfjord area to fellow Norwegian firm, OKEA.
Equinor has signed a deal to offload 28% of its working interest in the Statfjord area to fellow Norwegian firm, OKEA.
Equinor (OSLO: EQNR) welcomed NATO secretary general Jens Stoltenberg to one of its North Sea oil and gas platforms on Friday.
A ceremony was held in North East England yesterday to mark the official opening of the O&M base for what will be the world’s largest offshore wind farm.
A decision has been made on the decarbonisation equipment that will form the backbone of a major low-carbon hydrogen project.
Norway earned 528 billion kroner ($50 billion) from its direct ownership of oil and gas licenses last year, more than five times the amount earned in a normal year, as the country became Europe’s biggest supplier of natural gas after Russia’s invasion of Ukraine.
Norwegian oil giant, Equinor, has struck black gold for the second time this year as it makes another discovery near its Troll field in the North Sea.
Equnior board member, Michael Lewis, will step down from his position this week after accepting the chief executive job at German energy company Uniper.
The facility will process 150,000 barrels per day of condensate, producing 2.3 million tonnes per year pf aromatics. It will produce 50,000 tpy of hydrogen.
Petrobras and Equinor have signed a letter of intent that will see the two assess the potential build-out of up to seven new offshore wind projects.
As of 24 February, Westwood Global Energy reports that there are five exploration wells active, with four in the North Sea and one in the Barents Sea
Concerns around the windfall tax may see some companies look beyond the UK for M&A deals – but not Norway’s Equinor (OSLO: EQNR).
Longboat Energy is looking to form a new partnership to take forward development of the Egyptian Vulture prospect after an initial licence expired this week.
Norwegian oil giant Equinor (OSLO: EQNR) has signed an $850m deal to acquire the UK North Sea business of Canadian firm Suncor (TSE: SU).
Vår Energi has issued updated resource estimates after its successful oil discovery at the Countach well in Norway’s Barents Sea.
Norway-based oil firm, Equinor, has signed an agreement to acquire equity interest in five discoveries in the North Sea.
Campaign groups projected messages calling for an end to new fossil fuels onto the rig, which has been the focus of a missing persons investigation.
Comedian Frankie Boyle and climate campaigner Vanessa Nakate have urged the Prime Minister to throw out plans to develop a new oil and gas field in the North Sea.
EnBW and Equinor have announced their intention to work together to build new offshore wind capacity in German waters.
The UK’s offshore regulator has asked Equinor for further information on the environmental impact of its proposed £8bn Rosebank development.
Where Vito has led, Shell’s Whale will follow. The company reached FID on Whale in 2021 and it is due to begin producing in 2024.
A host of major oil and gas projects dotted around the North Sea are due to start-up production in the next few years.
Longboat Energy has announced its entry into Malaysia, while in Norway it will seek to mature a string of successful finds near the Troll field.
Amid a wall of screens in the control room of Equinor ASA’s Johan Sverdrup oil field in the North Sea ticks a tally of the day’s production — and a measure of Norway’s growing importance to Europe’s energy security.
The Snohvit Future project consists of two developments, and will cut emissions and extend the life of the namesake gas field.
Norwegian energy giant, Equinor, announced a new oil and gas discovery in the North Sea, near the Troll field.