“Blocks 46 and 47 have never been explored before and represent a new frontier exploration area that can be a game changer for our company and the country’s energy industry."
“Longer supply lines tie up more vessels, boost freight rates, widen origin-destination spreads, and lift bunker demand,” Bank of America Global Research analysts said.
Shell has taken a final investment decision on “Sparta” a deepwater development in the US Gulf of Mexico.
Australian oil and gas explorer Finder Energy (ASX:FDR) has outlined details of its Boaz gas prospect in the Central North Sea.
Uplift and Greenpeace will challenge the decision to approve Rosebank on the basis of downstream emissions, legally binding net zero targets and impacts to marine life.
Equinor has agreed to acquire Shell's stake in Linnorm, the largest undeveloped gas discovery within the Norwegian continental shelf (NCS).
Equinor has reported $1.87 billion in pre-tax income for its UK operations, while it paid out a total of $6 million in tax within the county.
SSE Renewables and Equinor have awarded three contracts to assess large-scale green hydrogen development options for the Dogger Bank D offshore wind project.
“Chappal Energies is a committed Nigerian-owned energy company with the ambition to develop the assets further, contributing to the Nigerian economy for years to come.”
Wood (LON: WOOD) has secured a two-year extension to a contract with Equinor for work on the Mariner field in the UK North Sea.
The company said it would carry out work with its FDS2, Constellation and Castorone vessels. It will carry out work from its Port of Georgetown base.
Norway is betting that zeroing out emissions from oil production will help it meet internationally agreed climate targets while future-proofing an industry that’s made it one of the richest countries in the world.
KCA Deutag has been awarded a contract to carry out a major project to electrify Equinor’s (OSE:EQNR) Askepott jack-up rig in Norway.
Odfjell Drilling has announced that Equinor has exercised options for seven wells to extend the use of the Deepsea Aberdeen on the Breidablikk field.
The chief of Equinor's UK operations has warned investment in the North Sea is at "an all-time low" in meetings with the Scottish and UK governments.
As an industry, we’ve made good progress in mental health support, but we need to do more. According to a study by the International SOS Foundation, which looked at the mental health vulnerabilities for remote and rotational workers, 40% of respondents experience suicidal thoughts while on duty.
Equinor (OSLO: EQNR) is looking to sell off a 20% share in Rosebank, making up a quarter of its existing stake in the UK's largest untapped oilfield.
Equinor has made a commercially viable gas discovery near the Gina Krog field in the North Sea, with production to potentially start as early as this year.
BP’s interim CEO says the supermajor is not on the hunt for M&A opportunities to close a narrowing valuation gap with its US peers.
Equinor and RWE have signed a new five-year gas supply contract that would see it supply as much as 1.5bcm per year.
Norwegian green hydrogen technology firm Hystar has announced ABB will join its HyPilot project as a supplier.
Around 200 Odfjell Technology (FRA: ND4) offshore workers will be balloted on strike action in a dispute over working rotas and paid annual leave.
Equinor reported a profitable Q3 despite lower gas prices, but pointed to a major impairment expected on its US wind portfolio.
Norwegian oil and gas company Vår Energi has approved a concept for gas export from the Goliat field in the Barents Sea.
“As political and policy volatility becomes a feature of the operating landscape, even private companies with a high risk appetite could be facing binding constraints when seeking to invest in Vaca Muerta and offshore plays,” the analyst said.