Equinor exercises £1bn worth of contract extensions
Equinor said it would extend a series of framework agreements covering maintenance and modification services for its onshore and offshore installations.
Equinor said it would extend a series of framework agreements covering maintenance and modification services for its onshore and offshore installations.
TotalEnergies is dropping out of the North Platte development, in the US Gulf of Mexico.
Evaluating the company’s 2021 results, executives from the Norwegian energy giant spoke of their disappointment at not securing capacity in the recent ScotWind auction, but said it would not change their renewables strategy.
Equinor has hailed “record adjusted earnings” in Q4 of 2021 as European energy prices reached unprecedented levels.
Six years ago, Equinor began a journey towards the creation of standardised docking infrastructure for subsea drones, a new class of vehicle with the potential to revolutionise robotic support in the oil & gas and maritime renewables sectors worldwide.
Licence partners including Longboat Energy and OKEA have confirmed the Ginny/Hermine exploration well in the Norwegian Sea failed to encounter hydrocarbons.
Equinor has published an impact assessment for the development and operation of its Wisting field, fleshing out details on investment, operating expenditure and electrification plans.
Westwood Global Energy reports that there were three exploration wells active as of 24 January. One exploration well has spudded and completed in 2022.
Oil and Gas UK (OGUK) is dropping “oil and gas” from its name in a rebrand which will see its focus and remit broaden to new energy sources.
Wellesley Petroleum has concluded drilling at its wildcat well north of the Gjøa field in the Norwegian North Sea, finding it dry.
Equinor’s Martin Linge oil and gas field will be officially opened today after more than six months in production.
Aberdeen-based subsea technology firm EC-OG has rebranded as Verlume, joining the throng of companies removing any reference to oil and gas in their names.
Tanzania has chosen the UK office of Baker Botts and GaffneyCline to lead talks with foreign investors on a proposed LNG export facility.
SSE Thermal and Equinor have formally submitted two low-carbon projects into a competition for UK Government funding.
K2 Management (K2M) has completed its pre-financial close due diligence work for the third phase of what will be the world’s largest offshore wind farm.
Scotland’s energy industry has now had some time to digest the results of arguably the most hotly anticipated offshore wind auction in history.
Equinor has formally entered its flagship hydrogen project into the second phase of a key UK Government funding competition.
Oil and gas giant BP (LSE: BP) has handed out a contract for work on a key North Sea carbon capture and storage (CCS) project.
Norway has dished out 53 licences in its latest round of awards for oil and gas exploration.
The Net Zero Technology Centre (NZTC) has struck a partnership deal with one of the world’s largest energy companies.
The world’s top market for subsea tie-backs will take an inflation-driven cost increase of £4.8billion on upcoming contract awards through to 2026.
Energy giants Equinor (OSLO: EQNR) and SSE Thermal (LSE: SSE) have handed out two key contracts for work on the planned Aldbrough hydrogen storage facility.
The results of Scotland's first offshore wind leasing round in more than a decade are expected to be released in a matter of days.
Equinor has said it will provide an update on the concept for the Rosebank project in the West of Shetland later this year.
Siccar Point Energy has said that Equinor, its partner and operator of the Mariner project, has been "premature" in making a huge downgrade in reserves estimates for the field.