Shell and Equinor announce headquarters for North Sea joint venture
North Sea operators Shell and Equinor have announced the location of the Aberdeen headquarters for their UK independent joint venture.
Equinor
North Sea merger mania: is ‘the writing is on the wall’?
Recent transactions have hinted of a new shape taking place based on current commercial realities and around three key North Sea fields.
Shell joins $700m investment in Norway’s Northern Lights CCS
The developers of Norway’s Northern Lights carbon transport and storage project have taken a final investment decision (FID) on phase two of the development.
Reeves backs Jackdaw and Rosebank developments in North Sea
UK Chancellor Rachel Reeves has indicated the Jackdaw and Rosebank oil and gas developments in the North Sea will go ahead despite a court ruling invalidating their approval.
‘Inconsistency’ in approval of BP and Equinor’s Net Zero Teesside, court hears
An appeal court heard that a High Court ruling over emissions from the Net Zero Teesside (NZT) power gas project was “wrong” to conclude Energy Secretary Ed Miliband was unaware of the planning inspector’s guidance.
The Emperor’s New Clothes: Will supermajors survive the energy transition?
Oil and gas supermajors' swan legs are kicking frantically below the surface as they attempt to navigate the energy transition. In the first of a two-part series, we examine Equinor's approach.
North Sea oil and gas projects could be stopped post Rosebank and Jackdaw
Operators will need to wait until the new environmental impact assessment guidance is in place.
Starmer signals he will not block Rosebank oil field going ahead
UK Prime Minister Sir Keir Starmer has indicated he will not block the Rosebank oil field from going ahead after a court ruled its approval "unlawful".
Equinor slashes renewables, doubles down on hydrocarbons in focus on returns
Equinor’s dramatic renewable cuts and increased focus on oil and gas mirrors moves across the energy sector. The Norwegian major is prioritising shareholder returns over energy transition spending.
Equinor diversifies offshore helicopter fleet with five Leonardo AW189s
Norwegian oil and gas firm Equinor has awarded Tromsø-based Lufttransport RW a contract to operate five Leonardo AW189 helicopters for offshore flights.
North Sea firms cleared to press ahead despite court ruling Rosebank and Jackdaw approval ‘unlawful’
North Sea operators are able to press ahead with the development of two major oil and gas fields, despite environmental campaigners claiming a "historic win" in a landmark court ruling.
Sheringham Shoal and Dudgeon developers combine extension projects
The developers of the Sheringham Shoal and Dudgeon offshore wind farm extensions have decided to combine the two into a single project.
Power Moves: NSMP’s CEO steps down and more
Sayma Cox has stepped down as CEO of Aberdeen-based North Sea Midstream Partners (NSMP).
Equinor aims to ease worker ‘uncertainty’ after Shell JV
Equinor (OSLO: EQNR) chief executive Anders Opedal acknowledged the uncertain times facing its UK-based staff following the surprise announcement of a joint venture with Shell (LON: SHEL).
New Equinor tie up marks end of Shell as North Sea operator
A deal to pool the North Sea oil and gas of Norway’s Equinor (OSLO: EQNR) and Shell (LON: SHEL) marks a significant and historic transformation of the basin.
Equinor and Shell join forces to form ‘UK North Sea’s biggest independent producer’
European supermajors Equinor (OSLO: EQNR) and Shell (LON:SHEL) are set to combine their UK offshore oil and gas assets to form the UK's largest oil and gas operator.
Big Oil’s commitment to green is going to hell in a handcart
Despite mounting pressures to clean up its act, Big Oil is in reality showing little sign of doing so with genuine commitment and, if anything, is regressing by returning to its core business of finding and producing oil, gas and condensate.
Equinor to cut renewables unit staff by 20%
Norway's Equinor (OSE:EQNR) is considering cutting 20% of the staff from its renewable energy division as it focuses on pursuing fewer new projects.
Ithaca hands $200m to shareholders following ‘combination’ with Eni
The North Sea firm also confirmed controversy-hit Rosebank field was on track for first oil in 2026/27
COP29: Oil majors pledge $500m energy access investment
Oil majors BP, Shell, Equinor and TotalEnergies have pledged a $500 million joint investment intended to increase energy access for people in key regions.
Courts to decide if petrol emissions are death knell for UK’s largest oil field
A hearing in the Scottish courts this week will decide if planning consent for the UK’s largest undeveloped oil field, and a mature gas basin in the North Sea, will be blocked due to emissions produced by end-use petrol and gas customers.
Dutch court overturns order for Shell to take responsibility for petrol emissions
A Dutch court has overturned a landmark ruling against Shell that would have forced the oil company to reduce emissions produced by its petrol customers.
Power Moves: MDL’s new director of strategy and more
Aleksandra Jurczak has been appointed as director of strategy and marketing at equipment solutions provider Maritime Developments Ltd (MDL).
Equinor announces $30 million 2023 UK tax bill as rates rise
Norway’s state-owned oil company Equinor forked out $30 million in UK taxes in 2023, and now finds itself spending more than it is earning within the country.
Ministers ‘misled’ on environmental impact of new power plant, campaigners claim
Ministers have been “misled” over the environmental impact of a proposed new gas-fired power station in Aberdeenshire, environmentalists have claimed.