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NEWS |
Investing NOK 2.3 billion to recover more oil from Gullfaks
The Gullfaks partners have decided to drill seven new wells and thereby improve oil recovery by 17 million barrels with good profitability.
NEWS |
29 new licences on the Norwegian Continental Shelf
Equinor has been awarded 29 new licences by Norway’s Ministry of Petroleum and Energy as part of the Award in Predefined Areas (APA) for 2018 – 13 licences as operator and 16 as partner.
NEWS |
Norway's Oil Production To Fall To 30-Year Low
Despite cost controls, increased efficiency, and higher activity offshore Norway, oil production at Western Europe’s largest oil producer fell in 2018 compared to 2017 and is further expected to drop (...)
NEWS |
Equinor completes acquisition of the UK Rosebank project
Equinor and Chevron have completed their transaction announced in October 2018, whereby Equinor has acquired Chevron’s 40% operated interest in the Rosebank project in the West of Shetland region of t (...)
NEWS |
Oil exploration in North Sea 'to bounce back' in coming year
Oil exploration in the North Sea is expected to begin a bounce back over the coming year, according to analysts Wood Mackenzie.
NEWS |
Digital operations support centres help boost production
In just a few months the support centres established to help create higher value, improve safety and reduce emissions from Equinor’s installations on the Norwegian continental shelf (NCS) have led to (...)
NEWS |
Watch: Inside one of the world’s largest oil platforms
Suncor Energy has shared footage of the inner workings of the giant ExxonMobile-operated structure.
NEWS |
Ghana's First Oil Exploration Licensing Round Attracts Global Majors
Sixteen oil and gas firms have submitted applications for one or more of five Ghanaian offshore blocks in the West African country's first exploration licensing round, its energy ministry said.
NEWS |
Equinor completes sales of two non-core NCS assets
Equinor has completed the sales of two non-core discoveries on the Norwegian Continental Shelf (NCS) that were both announced in October 2018.
NEWS |
On Equinor’s wishing list is a new oil field near border to Russia
The Norwegian Petroleum Directorate has granted the necessary drill permits for two wells located on 71 degrees North, about 170 km north of the Norwegian mainland.
NEWS |
UK North Sea Oil & Gas Review
It has been a busy end-of-year period in the UK Continental Shelf. Between mid-November and the first half of December, several end-year industry reports were published, and companies both large and s (...)
NEWS |
Equinor deepens in offshore wind in Poland
Equinor has exercised an option to acquire a 50 % interest in the offshore wind development project Bałtyk I in Poland from Polenergia.
NEWS |
Aasta Hansteen on stream
On 16 December Equinor and its partners started production from the Aasta Hansteen gas field in the Norwegian Sea.
NEWS |
Deals this week: Faroe Petroleum, Mubadala, Qatar Petroleum
Faroe Petroleum has signed an agreement with Equinor for the exchange of their oil and gas assets in the Norwegian Sea and the North Sea in the Norwegian Continental Shelf (NCS).
NEWS |
Attractive refinancing of the Dudgeon wind farm
The owners of the Dudgeon wind farm, Equinor, Masdar and China Resources Group, have signed a hybrid refinancing of GBP 1.4 billion.
NEWS |
Chrysaor sets sights on Chevron's North Sea assets
Private equity-backed oil firm Chrysaor has hired advisers ahead of talks to buy Chevron’s British North Sea oil and gas fields for over $2.5 billion, industry and banking sources said.
NEWS |
Equinor acquires offshore wind lease outside Massachusetts
Equinor has been declared the provisional winner of one of the three leases offered in the US government’s wind lease sale for an area offshore the Commonwealth of Massachusetts.
NEWS |
Business UK continental shelf still worth oil investment despite Brexit - Equinor
Norwegian oil and gas firm Equinor will remain committed to the mature British continental shelf regardless of the country's plans to leave the European Union, a senior executive told Reuters.
NEWS |
Verus Moves To Next Phase Of Ambitious Growth Plan As Production Rises 12-fold Through Drilling And Acquisitions
Verus Petroleum is moving on to a new phase of growth, having secured a 12-fold increase in its production - from 1,500 to 18,000 barrels per day in less than a year - through drilling and key acquisi (...)
NEWS |
Equinor completes sale of non-core asset on UK Continental Shelf
Equinor and Verus Petroleum have completed their previously announced transaction, whereby Equinor has sold its 17% non-operated interest in the Alba oil field.
NEWS |
Norway approves PDO for Equinor’s Troll phase 3 project
The Norwegian Ministry of Petroleum and Energy has approved Equinor and its partners’ plan for development and operation (PDO) of the NOK7.8bn ($920m) Troll Phase 3 development in the North Sea.
NEWS |
The green light to historically profitable project
The Ministry of Petroleum and Energy has approved the plan for development and operation (PDO) of the Troll Phase 3 development.
NEWS |
Equinor strengthens its position in the Norwegian Sea
Equinor and Faroe Petroleum have agreed a number of transactions in the Norwegian Sea and the North Sea region of the Norwegian Continental Shelf (NCS).
NEWS |
Boosting Vigdis
The subsea field Vigdis has been producing oil through the Snorre field for more than 20 years. Field production will now be boosted by almost 11 million barrels.
NEWS |
Wired drill pipe contracts awarded
Equinor is stepping up its use of wired drill pipe to acquire subsurface real-time data during drilling operations, in line with the corporate digitalisation strategy and to prepare for automated dril (...)
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