Equinor and Var Energi have opted not to progress with an ammonia production project after a cooperation agreement expired.
Cambo is positive, Rosebank is positive, says Romain Chambault of Baker Hughes, but Harbour Energy’s windfall tax announcement shows the price of poor policy.
Equinor (OLSO: EQNR) has awarded a front-end engineering design (FEED) contract for its H2H Saltend project to Linde Engineering.
24 Norwegian oil and gas projects were green lit in 2022, marking a record-breaking year for project approvals, according to data from Rystad Energy.
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Oilfield services giant SLB (NYSE: SLB), formerly Schlumberger, has enjoyed a whopping 83% leap in its net income during its 2022 results, to $3.4 billion.
Calls are being made for the UK Government to disclose information about the “environmental harm” of a contentious North Sea oilfield.
Altera Infrastructure has launched an employment drive as it prepares for the redeployment of the Knarr FPSO.
Equinor, alongside partners Wintershall Dea and Petoro, have made a commercial gas discovery of up to 69.2 million barrels of oil equivalent (BOE) in the Norwegian North Sea.
Arkab, in a speech, said the country was indebted to those foreign and Algerian workers who had died in the attack.
There are only six big-spend projects expected for the UK North Sea and West of Shetland in the coming years, meaning limited opportunity for big players to benefit from windfall tax offsets.
Equinor chief executive Anders Opedal said Rosebank will be needed to shore up UK energy security, and that recent windfall tax measures had not affected the company’s North Sea strategy.
London-listed supermajor BP (LON: BP) has kicked off 2023 with the announcement of two new senior appointments.
Norway has handed out nearly 50 oil and gas exploration licences in a “gratifying” display of interest in the sector.
An investigation into a fire at an Equinor-operated oil refinery has shed light on a number of regulatory “nonconformities” at the site.
Revisions to the windfall tax – or energy profits levy – increased the estimated bill of Harbour Energy (LON:HBR) by over $2bn, according to analysis.
Norway will be able to sustain gas production at last year’s elevated level until at least 2026 thanks to 300 billion Norwegian kroner ($30 billion) of investment in new offshore fields.
Aker Solutions (OSLO: AKSO) and Dubai’s Drydocks International have won a deal worth up to £330.5m to upgrade the FPSO for the Equinor Rosebank oilfield.
Aberdeen-headquartered Altera Infrastructure has emerged from Chapter 11 bankruptcy, hailing a deal for the Equinor Rosebank oilfield as a “key driver”.
Equinor (OSLO: EQNR) is chewing over whether to make a play for a package UK North Sea assets currently owned by Suncor, according to reports.
RWE and Equinor said they would build hydrogen power plants, as well as a pipeline to send the fuel to Germany from Norway.
Scottish Greens have called on the UK government to halt development of the controversial Rosebank oil and gas field, but the Tories hit back at their so-called “reckless, uninformed obsession.”
Labour has urged the new UK business secretary to shut down the Rosebank oilfield before it begins production.