(Equinor, 17.Oct.2024) — Equinor’s overall long-term safety trend continues to move in a positive direction, but the total number of injuries has increased somewhat by the end of the third […]
Tag: Equinor
Equinor Buys 9.8% Minority Stake in Ørsted
(Equinor, 7.Oct.2024) — The transaction establishes Equinor as the second largest shareholder in Ørsted, after the Danish State, which holds a controlling stake in the company. “Equinor has a long-term […]
Northern Lights Ready to Receive CO2
(Equinor, 26.Sep.2024) — On 26 Sep. 2024 the Norwegian Minister of Energy conducts the official opening of the Northern Lights CO2 transport and storage facility in Øygarden, near Bergen. The Northern […]
Northern Lights Completion World’s First Commercial CO2 Transport and Storage Service
(Northern Lights, 26.Sep.2024) — Northern Lights JV unveiled the completed CO2 receiving facilities in Øygarden, Norway. The onshore and offshore infrastructure has been delivered on time for customers and within […]
Northern Lights Facilities Finished, Ready to Store CO2
(TotalEnergies, 26.Sep.2024) — TotalEnergies and its partners, Equinor and Shell, announce the completion of the CO2 receiving and storage facilities of Northern Lights Joint-Venture in Norway. The facilities consist in […]
Johan Castberg Anchored in the Barents Sea
(Equinor, 17.Sep.2024) — The floating production, storage and offloading vessel (FPSO) is now securely anchored on the Johan Castberg field in the Barents Sea. The hook-up of the FPSO to […]
Reducing Emissions from the Troll Field
Equinor, 11.Sep.2024) — On Saturday, 7 Sep. 2024, Troll B and C became partly powered from shore. This reduces annual emissions from the Norwegian continental shelf (NCS) by 250,000 tonnes […]
Chevron Boosts Recovery at Two Facilities in US GOM
(Chevron, 3.Sep.2024) — Chevron Corporation has started water injection operations at two projects to boost oil and natural gas recovery at the company’s existing Jack/St. Malo and Tahiti facilities in the […]
Increased Ripple Effects from Equinor in Norway
(Equinor, 28.Aug.2024) — A new report shows that deliveries for exploration, development projects and operation of Equinor-operated fields and onshore facilities in Norway had a value of more than NOK 134 […]
Diverging Paths: Argentina Versus Brazil’s Energy Policies
(Rystad, 29.Aug.2024) — Argentina and Brazil are the two largest economies on the South American continent, and both are places that foreign investors have been cautiously eyeing for some time now. […]
Strengthening Emergency Preparedness in the Barents Sea
(Equinor, 27.Aug.2024) — Equinor will establish and operate a new area-wide emergency preparedness solution for the southwestern Barents Sea. The solution will add new resources, expertise and capabilities that will strengthen […]
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 […]
Equinor Announces Cash Dividend for 1Q:24
(Equinor, 23.Aug.2024) — Equinor ASA announced on 25 April 2024 an ordinary cash dividend per share of USD 0.35 and an extraordinary cash dividend per share of USD 0.35 for […]
Equinor Gets Offshore Wind Lease in US Central Atlantic Auction
(Equinor, 14.Aug.2024) — Equinor has been announced as a provisional winner in the Bureau of Ocean Energy Management’s (BOEM) offshore wind energy lease auction in the U.S. Central Atlantic region. The […]
Shell Invests in Water Injection at US GOM Field
(Shell, 14.Aug.2024) — Shell Offshore Inc., a subsidiary of Shell plc, has taken a Final Investment Decision (FID) on a ‘waterflood’ project at its Vito asset in the US Gulf of […]
Equinor Starts Production from Kristin South
(Equinor, 8.Jul.2024) — Equinor and its partners Petoro, VÃ¥r Energi, and TotalEnergies EP Norge started production from the first Lavrans well in the Kristin South area on 7 July. The […]
Equinor Secures Permit for CO2 Storage in Denmark
(Equinor, 20.Jun.2024) — Equinor has been awarded its first CCS exploration permit in Denmark as operator, together with partners Ørsted and Nordsøfonden. The partnership will start surveys to assess if the […]
Equinor Bags Two New North Sea CO2 Storage Licenses
(Equinor, 20.Jun.2024) — Equinor has been awarded the operatorships for the development of two new CO2 storages in the North Sea. The new licenses are important building blocks for developing the Norwegian […]
Equinor Expands Renewables Portfolio in Poland with New Solar Plant
(Equinor, 18.Jun.2024) — Equinor’s third solar plant in Poland, Lipno has started test production. This brings the company’s onshore renewables capacity in Poland to ~200 MW, and further strengthens its position in […]
Equinor and GRTgaz to Develop CO2 Transport Infrastructure in France
(Equinor, 17.Jun.2024) — Equinor and main French gas transmission operator GRTgaz signed a project development agreement (PDA) for a CO2 transport system for captured CO2 from industrial emitters in France […]
Speed and Scale of Energy Transition Must Increase, Equinor Says
(Equinor, 6.Jun.2024) — In 2024, almost half of the world’s population go to the polls. Many elections will demonstrate some of the key trends shaping world politics: geopolitical competition, economic […]
Election to Equinor’s Board of Directors
(Equinor, 6.Jun.2024) — In a meeting in the corporate assembly of Equinor ASA (OSE:EQNR, NYSE:EQNR) on 4 Jun. 2024 Tone Hegland Bachke and Fernanda Lopes Larsen were elected as new members […]
Equinor Solidifies New York Offtake Deal for Empire Wind 1
(Equinor, 4.Jun.2024) — Equinor announced the execution of the Purchase and Sale Agreement (PSA) with the New York State Energy Research and Development Authority (NYSERDA) for the renewable power generated by […]
Equinor Divests Interests in Gina Krog Area
(Equinor, 4.Jun.2024) — Equinor is selling 19.5% interests in production licenses PL 048E, which is the Eirin field, and PL 1201 to PGNiG Upstream Norway AS (PGNiG). With this, the […]
Petrobras Ranking by Poder 360
(Energy Analytics Institute, 18.May.2024) — In 2023, Petrobras was the 4th most profitable oil company. Saudi Arabia’s Saudi Aramco remains the leader, on its own, according to Poder 360. Petrobras […]
Deals Show Enduring Appeal of US Gas
(Rystad Energy, 19.Apr.2024) — European companies have been cautiously adding to their upstream positions. More deals could follow. Ed Crooks examines the forces shaping the energy industry globally The great […]
EQT Inks Non-Operated Asset Transaction with Equinor
(EQT, 15.Apr.2024) — EQT Corporation (NYSE: EQT) entered into an agreement with Equinor USA Onshore Properties Inc. and their affiliates to sell an undivided 40% interest in its non-operated natural […]
Equinor Swaps Onshore US Assets with EQT
(Equinor, 15.Apr.2024) — Equinor and EQT Corporation agreed to swap Equinor’s operated position in the Marcellus and Utica shale formations in Ohio for a stake in EQT’s non-operated interest in […]
Model Updates on EPCI Projects, Brazil FPSOs
(Energy Analytics Institute, 15.Feb.2024) — Modec‘s profits increased significantly due to good progress in the construction work of new EPCI projects and improved asset integrity of old Brazil FPSO vessels, the […]
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Petrobras Highlights 4Q:23 Production and Sales [PDF Download]
(Petrobras, 8.Feb.2024) — In 2023, Petrobras delivered an excellent upstream operational performance, meeting all production forecasts for the year. Total annual production of oil and natural gas, of 2.782 MMboed, […]
SLB and Equinor Drill Most Autonomous Well Section To-Date
(SLB, 30.Jan.2024) — SLB (NYSE: SLB) announced a significant step toward fully autonomous drilling operations at Equinor’s Brazilian Peregrino C platform. SLB digital technologies for surface automation, autonomous on-bottom drilling, and […]
Petrobras on Natural Gas Flow, Processing
(Petrobras, 29.Dec.2023) — Petrobras, together with Equinor Energy do Brasil Ltda. signed the contracts for the Campos Basin Integrated Natural Gas Flow System (SIE-BC) and access to the Cabiúnas Gas […]
Brazilian Bid Round Opens New Offshore Frontier in Pelotas Basin
(WoodMac, 14.Dec.2023) — A total of 193 blocks were auctioned in Brazil’s December 13 oil and gas licensing round, 192 under concession and one under production sharing agreement, signaling strong […]
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, […]
Equinor and OMV Agree to New Long-term Gas Sales Deal
(Equinor, 27.Sep.2023) — Equinor has signed a new long-term gas sales agreement with Austria’s major energy company OMV. The agreement is for 5 years starting 1 October this year and […]
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Rosebank Field to Progress in the UK [Video]
(Equinor, 27.Sep.2023) — Equinor and Ithaca Energy have taken the final investment decision to progress Phase 1 of the Rosebank development on the UK Continental Shelf (UKCS), investing $3.8bn. The […]
Equinor: Johan Castberg Project Update
(Equinor, 19.Sep.2023) — The Johan Castberg partnership, consisting of Equinor, VÃ¥r Energi and Petoro, is today updating the project cost estimate. The investment estimate has increased by almost NOK 13bn […]
More Gas From Gina Krog with Eirin
(Equinor, 19.Sep.2023) — On behalf of the partnership, Equinor has submitted a plan for development and operation (PDO) of the Eirin gas field to the Ministry of Petroleum and Energy. […]
Petrobras Updates on Offshore Wind Protocol at IBAMA
(Petrobras, 15.Sep.2023) — Petrobras, following up on the release disclosed to the market on 13 September 2023, informs that the request to start the environmental licensing process for ten areas […]
Equinor Expands Renewable Portfolio in Poland
(Equinor, 5.Sep.2023) — Equinor has acquired a 26 MW onshore wind farm in Poland from the Helios Group. With this investment, Equinor expands its broad energy offering in Poland and […]
Equinor Acquires Stake in Bayou Bend CCS Project
(Equinor, 28.Aug.2023) — Equinor has acquired a 25% interest in Bayou Bend CCS LLC, positioned to be one of the largest US carbon capture and storage projects located along the […]
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 […]
Sale of Certain Rio Energy Assets, Trade Name to Equinor
(Denham Capital, 21.Jul.2023) — Denham Capital, the global energy transition investment firm, has signed an agreement with Equinor for the sale of certain Rio Energy assets, the Rio Energy trade name, and […]
Equinor Launches Zagórzyca Solar Plant in Poland
(Equinor, 23.Jun.2023) — Equinor’s second Polish solar plant, Zagórzyca has started test production. This is another step towards building a material renewable portfolio in Poland, which is one of Europe’s most […]
Equinor Inks LNG Purchase Agreement with Cheniere
(Equinor, 21.Jun.2023) — Today, 21 June 2023, Equinor and Cheniere have announced a new 15-year purchase agreement of around 1.75 million tonnes of LNG per year, with half of the volume starting […]
The 1.5-degree Ambition is Becoming Increasingly Difficult to Achieve:Â Equinox
(Equinor, 8.Jun.2023) — Energy Perspectives paints the outcome space for the long-term development of the world’s energy markets. Driven by factors such as geopolitics, technology, climate and energy policy, and company and […]
Election to Equinor’s Board of Directors
(Equinor, 6.Jun.2023) — In a meeting on 6 June 2023 the corporate assembly of Equinor ASA (OSE:EQNR, NYSE:EQNR) re-elected all the shareholder-elected members of Equinor ASA’s board of directors. The corporate […]
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 […]
Equinor puts Trollvind on Hold
(Equinor, 22.May.2023) — Equinor will postpone a further development of the Trollvind offshore wind initiative indefinitely. This decision is based on several challenges facing the project, including technology availability, rising […]
Petrobras on Contracting for Block BM-C-33
(Petrobras, 10.May.2023) — Petrobras, following up on the release disclosed on 05/08/2023, informs that Equinor, on behalf of the consortium formed to develop block BM-C-33, has signed the contracts with […]