HOUSTON, TEXAS (Editors at Energy Analytics Institute, 5.Mar.2025) — Equinor and its partners, Okea and Pandion Energy, have proven gas and condensate in the “Mistral Sør” exploration well in the […]
Tag: Equinor ASA
Equinor Awards Lufttransport as Operator for 5 New Helicopters
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Jan.2025) — Equinor awarded Tromsø-based Lufttransport RW AS the assignment of operating 5 new helicopters from manufacturer Leonardo to be used to transport […]
Equinor Finalizes Purchase of 10% Shareholding in Ørsted A/S
(Energy Analytics Institute, 23.Dec.2024) — Norway’s Equinor completed its acquisition of a 10% shareholding in Ørsted A/S as previously announced on 7 Oct. 2024. Following approvals under applicable Foreign Direct […]
Equinor to Use World’s First Ammonia-powered Supply Vessel
(Equinor, 26.Aug.2024) — Equinor has signed a contract with Eidesvik Offshore for the conversion of the Viking Energy supply vessel to ammonia operation. The vessel will be fully converted and put […]
Shell Invests in GOM Sparta Development
(Shell, 19.Dec.2023) — Shell Offshore Inc., a subsidiary of Shell plc, announced the Final Investment Decision (FID) for Sparta, a deep-water development in the U.S. Gulf of Mexico that represents our competitive […]
Norway’s Equinor Divests Nigeria Business
(Welligence Energy Analytics, 29.Nov.2023) — Equinor has announced the sale of its Nigeria business to Chappal Energies for an undisclosed consideration. What were the key drivers for buyer and seller, […]
Two COSL Rigs Awarded Drilling Contracts
(Equinor, 31.Aug.2023) — Equinor has awarded COSL Offshore Management AS two contracts and will employ COSLPromoter and COSLInnovator on the Norwegian continental shelf. The contract values are calculated at around […]
Equinor Buys Rio Energy Including Selected Assets
(Equinor, 21.Jul.2023) — Equinor signed an agreement with Denham Capital to acquire Rio Energy, a leading onshore renewables company in Brazil. The transaction includes selected assets and the team, while Denham Capital […]
Johan Sverdrup Produces at Increased Plateau
(Equinor, 23.May.2023) — This week a successful capacity test has been performed confirming that the field can produce up to 755,000 barrels of oil per day. During a capacity test at […]
Equinor on 4Q:22 Dividend
(Equinor, 22.May.2023) — Equinor (OSE: EQNR, NYSE: EQNR) announced on 8 February 2023 an ordinary dividend per share of USD 0.30 and an extraordinary dividend per share of USD 0.60 […]
Petrobras on Development of Block BM-C-33
(Petrobras, 8.May.2023) — Petrobras has approved, together with its partners Equinor and Repsol Sinopec Brasil, the final investment decision (Phase III) of block BM-C-33, operated by Equinor, located in the […]
Equinor: The Bauge field on Stream
(Equinor, 17.Apr.2023) — On 8 April production started from the Bauge subsea field in the Norwegian Sea. Bauge is tied back to the recently upgraded Njord platform. Recoverable reserves in […]
Krafla to be Developed Using Ground-Breaking Concept
(Equinor, 16.Dec.2022) — Along with Aker BP, Equinor has made an investment decision and will today submit a plan for development and operation for Krafla to the Minister of Petroleum […]
Election to Equinor’s Board of Directors
(Equinor, 30.Nov.2022) — On 30 November 2022 the corporate assembly of Equinor ASA (OSE:EQNR, NYSE:EQNR) elected Haakon Bruun-Hanssen as new member to Equinor ASA’s board of directors. Haakon Bruun-Hanssen is […]
Irpa: More Gas to Europe and Extended Life for Aasta Hansteen
(Equinor, 22.Nov.2022) — On behalf of the Irpa partnership, Equinor has submitted a plan for development and operation (PDO) for the Irpa gas discovery, formerly known as Asterix, to the […]
Bristow Awarded Multi-Year Search and Rescue Contract
(Bristow, 7.Sep.20220 — Bristow Group Inc. (NYSE: VTOL), a global provider of innovative and sustainable vertical flight solutions, announced an award from Equinor to provide search and rescue services offshore […]
TechnipFMC Says 2Q:22 Subsea Inbound Orders Were $1,928mn
(TechnipFMC, 27.Jul.2022) — TechnipFMC plc announced subsea inbound orders were $1,928mn for the second quarter of 2022. Book-to-bill in the period was 1.4. The following awards were included in the […]
Equinor Strengthens Relationship with ASCO with Five-year Contract Extension
(Equinor, 18.Jul.2022) — Global integrated logistics and materials management company, ASCO, has been awarded a five-year contract extension with the Norwegian energy partner to the UK, Equinor. The multi-million-pound contract […]
Adjusted Plan for Final Four Hywind Tampen Turbines
(Equinor, 13.Jul.2022) — The seven first Hywind Tampen turbines will come on stream this year as planned. The final four will be installed next spring. Supply chain bottlenecks, most notably […]
Equinor Says Gas Leaks on Sleipner Field Stopped
(Equinor, 12.Jul.2022) — A gas leak in a contained area related to a turbine on Sleipner A was reported in the morning of 11 July. The incident was quickly clarified. […]
Equinor Invites Analyst to Provide 2Q:22 Estimates
(Equinor, 7.Jul.2022) — Equinor invites analysts with coverage of the company to provide estimates for the second quarter adjusted results. Equinor publishes second quarter 2022 financial results on 27 July. […]
TechnipFMC Inks $1bn FEED Contract with Equinor for BM-C-33 Project in Brazil
(TechnipFMC, 5.Jul.2022) — TechnipFMC (NYSE: FTI) has signed a Letter of Intent with Equinor Energy do Brazil Ltda., a subsidiary of Equinor ASA, for an integrated Front End Engineering and […]
Equinor Boost Ownership In The Statfjord Field
(Equinor, 8.Dec.2021) — Equinor entered into an agreement to acquire all of Spirit Energy’s production licenses in the Statfjord area which spreads across the Norwegian and UK Continental Shelves and […]
Guyana Gets 15 Bids To Market Govt Crude
(Reuters, 4.Aug.2021) — Guyana received bids from 15 different companies aiming to market the government’s share of the crude produced off the South American country’s coast, according to Guyana’s National […]
France’s TotalEnergies exits Petrocedeño JV in Venezuela, concedes $1.38bn capital loss
CARACAS, VENEZUELA (Piero Stewart, Energy Analytics Institute, 29.Jul.2021, Words: 161) — TotalEnergies, through its affiliate Total Venezuela, has decided to transfer its non-operated minority participation of 30.32% in Petrocedeño S.A. […]
Equinor Sales Faja Stake To CVP
(Equinor, 29.Jul.2021) — Equinor and state-owned Petróleos de Venezuela (PDVSA) have completed a transaction whereby Equinor will transfer its 9.67% non-operated interest in the Petrocedeño project onshore Venezuela to Corporación […]
PDVSA Restarts Drilling Campaign Suspended Since 2019
(S&P Global, 29.Jun.2021) — In the second half of the year, Venezuela’s state-owned PDVSA will restart the drilling of oil wells while intensifying work to open 3,700 shuttered wells and […]
Equinor Offered Production Licences In 25th Licensing Round
(Equinor, 23.Jun.2021) — The Ministry of Petroleum and Energy has offered Equinor two operated production licences in the 25th licensing round in the Barents Sea. “We are pleased with the […]
Life Of Heimdal Gas Centre Extended To 2023, Equinor Says
(Equinor, 17.Jun.2021) — New wells at Valemon will extend profitable operations at Heimdal, which is processing gas from Valemon. The Heimdal partners have now decided to extend operations at Heimdal […]
Presenting Strategy To Accelerate Equinor’s Transition
(Equinor, 15.Jun.2021) — Equinor ASA (OSE:EQNR, NYSE:EQNR) presents its strategy to accelerate the company’s transition while growing cash flow and returns. Key highlights from the strategy update: Accelerating the transition and setting […]
Equinor Asks Shareholders To Reject Intermediate Scope 3 Emissions Targets
(Reuters, 19.Apr.2021) — Equinor urged its shareholders on Monday to reject a proposal by an activist group to set intermediate targets for reducing emissions from the use of its energy […]
Equinor Sees 1H:21 Peregrino Restart
(Reuters, 12.Apr.2021) — Equinor’s Peregrino oilfield off the coast of Brazil is on track to restart in the first half of this year following several delays, a spokesman said on […]
Six Norway Oil And Gas Fields Shut Amid Strike
(Reuters, 4.Oct.2020) — Six Norwegian offshore oil and gas fields were shut on Monday as more workers joined a strike over pay, companies and union officials said. The strike will […]
Petrobras To Open Tender For Brazil’s Biggest Platform
(Reuters, 8.Jul.2020) — Petrobras is preparing to launch a tender to build Brazil’s largest-ever oil platform, according to two people with knowledge of the matter, as the state-controlled oil firm […]
Oil Drop Could Cut 20% Off Exploration Budgets
(Reuters, 17.Mar.2020) — The recent collapse in oil prices could chop $300 million to $600 million off 2020 exploration budgets in Brazil, which has emerged as one of the world’s […]
MODEC Inks Deal By Equinor For FPSO For Brazil Field
(Modec, 30.Jan.2020) — Modec Inc. has signed a Sales and Purchase Agreement (SPA) with Equinor Brasil Energia Ltda, a subsidiary of Equinor ASA, to supply a Floating Production Storage and […]
BP Eyes Brazil Gas Buildout
(Reuters, Gram Slattery, 29.Oct.2019) — BP Plc wants to be part of an effort to build up natural gas infrastructure in Brazil, an executive said on Tuesday, and believes a […]
Equinor And YPF Ink Offshore Exploration Deal
(Equinor, 21.Aug.2019) — Equinor’s executive vice president for Exploration, Tim Dodson, and YPF’s CEO Daniel Gonzalez have signed an agreement to jointly explore the CAN 100 offshore block, located in […]
Capital Discipline In GOM Lease Sale: WoodMac
(WoodMac, 21.Aug.2019) — Capital discipline remains key for offshore operators, judging by the results of today’s US Gulf of Mexico region-wide lease sale. Lease Sale 253 attracted 165 bids from […]
Equinor To Start Drilling Carcara Field In 2018
(Reuters, 5.Sep.2018) — Norway’s Equinor ASA said on Wednesday it would begin drilling in Brazil’s North Carcara oil field in the offshore Santos basin in 2018, after obtaining environmental permits. […]