By Al Cook, executive vp for global strategy and business development and UK country manager, Equinor
In the “business-as-usual” version of 2020, global leaders should have been gathering this week in Glasgow for the most important meeting on climate since the Paris Agreement five years ago.
European oil and gas majors are expected to make “targeted acquisitions” over the next few years in order to gain further footholds in the renewables market, according to a new study.
Oil and gas bosses are confident the revamped Aberdeen Science Centre will encourage youngsters to learn about the “vital role they can play” in the energy transition.
Equinor is on track with plans to reduce its operating costs by $700 million as part of its “forceful response” to combat “market turmoil”, according to its latest accounts.
South Africa has approved Impact Oil and Gas to take over the Transkei and Algoa exploration right, and Tugela South exploration right, offshore South Africa.
Canada’s Suncor Energy Inc. is exploring the sale of a handful of oil and gas fields in the North Sea, according to people with knowledge of the matter.
Increased funding from the EU and national governments have boosted the prospects for carbon capture technologies in Europe. Three projects in the Netherlands, Norway and UK could be operational by 2024.
A new £3.5m offshore innovation programme has been launched today, primarily targeting supply chain companies located in the North of Tyne area with opportunities to fund and support technology innovation in the offshore wind and subsea sectors.
The floating offshore wind sector will have to overcome “huge” mobilisation challenges in order to get up and running, according to an industry expert.
I like this. Despite Donald Trump’s vitriolic hatred of turbines. In August, more than 100 governors, mayors and government officials across 40 American states declared their support for the wind industry during American Wind Week 2020.
Twelve leading companies and organisations across the Humber have jointly submitted a bid worth around £75 million to accelerate decarbonisation in the UK’s most carbon intensive industrial region.
The renewables industry has been reacting to the prime minister’s commitment to implement a “green industrial revolution” that will generate hundreds of thousands of jobs.
Equinor has awarded a $290 million (£223m) contract to Odfjell Drilling for work on the 200-million-barrel Breidablikk field in the Norwegian North Sea.