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NEWS |
Equinor focuses NCS portfolio through sale of non-core discovery
Equinor has signed an agreement with Aker BP to sell its 77.8% operated interest in the King Lear discovery on the Norwegian Continental Shelf (NCS) for a total of USD 250 million.
NEWS |
Shell and Equinor reaffirm commitment to Tanzania LNG project
Shell and Equinor have confirmed their commitment to the $30bn Tanzania LNG project that will allow the African nation to export natural gas.
NEWS |
Chevron first Supermajor to exit Norway
Chevron is the first oil supermajor to leave the Norwegian Continental Shelf, after Norway’s authorities accepted the sale of the only asset of the U.S. firm—a 20-percent stake in an exploration licen (...)
NEWS |
Estimated investments reduced by NOK 30 billion for projects in the implementation phase
Equinor has reduced the estimated investments for operated projects in the development phase on the Norwegian continental shelf by some NOK 30 billion since the development plans were submitted to Nor (...)
NEWS |
Letter of award for power cables for Johan Sverdrup phase 2
Equinor and the Johan Sverdrup partnership submit a letter of award to NKT for fabrication and installation of two high-voltage cables supplying power from shore for the second phase of the Johan Sver (...)
NEWS |
Oil discovery in the Norwegian Sea more than double the remaining Norne oil reserves
Equinor has, together with partners ENI and Petoro, completed the appraisal well on the Cape Vulture discovery from 2017. The well confirms a volume potential of 50-70 million recoverable barrels of o (...)
NEWS |
Lundin acquires interest in PL 359, containing the Luno II discovery
Lundin Petroleum AB has announced that its wholly-owned subsidiary Lundin Norway AS has entered into an agreement with Equinor Energy AS, under which Lundin Norway will acquire Equinor's entire 15% wo (...)
NEWS |
Equinor acquires a 40% stake in the Rosebank project in the UK
Equinor has signed an agreement to acquire Chevron’s 40% operated interest in the Rosebank project, one of the largest undeveloped fields on the UK Continental Shelf (UKCS). Once concluded, the transa (...)
NEWS |
Oil producers in Norway’s Arctic seek new options for gas export
A group of oil companies led by Equinor ASA is taking a new look at options for exporting natural gas from the isolated Barents Sea in Norway’s Arctic.
NEWS |
Oil majors to bet big on Brazil oil amid election uncertainty
Oil majors are set to gather in Rio de Janeiro on Friday to unveil bids for stakes in Brazil’s high potential offshore areas ahead of elections that are casting a cloud of uncertainty over the industr (...)
NEWS |
Equinor strengthening subsea collaboration with Aker Solutions and TechnipFMC
Equinor is signing collaboration agreements with Aker Solutions and TechnipFMC for subsea equipment and services on the Norwegian continental shelf (NCS) and internationally.
NEWS |
Equinor strengthens ties with two major contractors
Equinor has signed agreements with Aker Solutions and TechnipFMC for the provision of subsea equipment and services both in Norway and internationally.
NEWS |
Newbuilt shuttle tankers for the Roncador field in Brazil
The crude oil production from the newly acquired 25 % interest in the Roncador oil field in Brazil will be lifted and transported by shuttle tankers. Equinor has now entered into time charter contract (...)
NEWS |
Transocean Norge to drill for Equinor
Equinor has awarded Transocean a contract for drilling six wells on the Norwegian continental shelf (NCS) by use of the Transocean Norge mobile rig. Drilling start-up is scheduled for the summer of 20 (...)
NEWS |
Are Shell In Talks To Sell GoM Field For $1.3 Billion
Royal Dutch Shell Plc is in talks to sell its assets in a Gulf of Mexico oil field to Focus Oil to pay for its takeover of BG Group Plc, Bloomberg reported on Sept. 20, citing people familiar with the (...)
NEWS |
Aker BP CEO Predicts Fast Johan Sverdrup Ramp-up From Start
Aker BP, a partner in Norway’s giant Johan Sverdrup oil field, expects a fast ramp-up of production when the initial development phase ends in late 2019, the company’s CEO said Sept. 13.
NEWS |
ProSep Successfully Delivers on Johan Castberg
ProSep, an industry-leading, technology and service provider for integrated process solutions to the global energy industry, has successfully supplied three (3) ProSalt™ units to Equinor for the Johan (...)
NEWS |
115-day contract for Odfjell Drilling
Odfjell Drilling has today signed a contract with Ithaca Energy. According to a stock exchange report, it is a mission for the rig "Deepsea Bergen" on the British continental shelf.
NEWS |
BHGE secures sub-sea services extension
Baker Hughes, a GE company, has received a three-year extension to a sub-sea services frame agreement with Equinor for its operations on the Norwegian Continental Shelf.
NEWS |
Equinor starts up fasttrack Visund Nord in the North Sea
Equinor has brought onstream the Visund Nord IOR (improved oil recovery) project in the Norwegian North Sea, below budget and two months ahead of schedule.
NEWS |
Bristow commences new contract in Barents Sea
Bristow Norway AS is commencing a previously announced five-year contract on Sept. 1, 2018, from its Hammerfest base. Bristow will provide helicopter offshore crew change services and search-and-rescu (...)
NEWS |
Deals this week: Baker Hughes, Ampelmann, Wood Group
Baker Hughes, a subsidiary of GE, has secured a three-year extension of a subsea services frame agreement signed with Equinor.
NEWS |
Norway's NPD approves startup of major Aasta Hansteen natural gas field
The Norwegian Petroleum Directorate (NPD) granted consent Friday for the startup of the major Aasta Hansteen natural gas field in the Norwegian Sea, giving operator Equinor (formerly Statoil) the gree (...)
NEWS |
Equinor raises estimate for giant Sverdrup oilfield
Norway’s Equinor on Monday increased its resource estimate for the Johan Sverdrup oilfield, the North Sea’s largest discovery in more than three decades, while cutting the cost of development.
NEWS |
Alcatel wins Equinor contract to improve recovery at Johan Castberg field
Alcatel Submarine Networks (ASN) has won a contract from Equinor for permanent reservoir monitoring (PRM) and deployment of digital technology to improve recovery at the Johan Castberg field in the Ba (...)
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