Equinor making job cuts in UK, Canada and US in response to downturn
Equinor is making job cuts in the UK, Canada and US in response to the oil downturn, with its Aberdeen workforce included in the process.
Equinor is making job cuts in the UK, Canada and US in response to the oil downturn, with its Aberdeen workforce included in the process.
Hydrogen made from renewable power will be compete on price with producing the gas from fossil fuels within two decades, according to analysis by research firm Wood Mackenzie Ltd.
Equinor has release dramatic footage of a mock helicopter rescue operation at an offshore platform in the North Sea.
A dozen “pioneer” start-ups are taking part in the Oil and Gas Technology Centre (OGTC)’s third annual TechX Accelerator programme.
Following yesterday’s announcement of Equinor’s appointment of a new CEO, with an increased focus on the energy transition;
Equinor has appointed insider Anders Opedal as its new CEO, replacing Eldar Saetre who is to retire after 40 years in the Norwegian energy company.
Equinor is selling a 40% operated stake in the huge Bressay field east of Shetland to EnQuest in a deal worth £13m.
Norwegian energy giant Equinor warned of the continued considerable "uncertainty" caused by Covid-19 as it plunged into the red in the first-half of 2020.
For the first time since the West’s five energy supermajors were created in the early 2000s, all of them are set to post a quarterly loss.
Italian engineering and construction firm Saipem has won a contract to install turbine foundations for the Seagreen wind farm, off the coast of Angus.
A new report has claimed Scotland’s coastlines hold the “most attractive sites” for UK floating wind as the technology is set to explode over the next 20 years.
Energy service firm Aker Solutions has reported faster-than-expected progress for its £80 million cost-cutting drive.
Norway-based well integrity specialist company HydraWell has set its sights on growth by joining forces with a like-minded business.
Here is a quote from The Global CCS Institute “CCS is a proven and well understood technology”.
Westwood Global Energy reports that as of July 1 there was one exploration and appraisal well active in the UK.
Exploration and production firm Neo Energy, of Aberdeen, will replace one mergers and acquisitions (M&A) specialist with another at the top of its management ladder.
Aker Solutions will axe 44 offshore jobs after client Equinor shelved a UK North Sea project due to the oil price rout and Covid-19 outbreak.
The cost of delivering future North Sea floating wind farms could see prices slashed across the sector, according to new analysis.
Norway’s plan for a full-scale carbon capture and storage project could end up a financial disaster, according to a new report that includes an increased cost estimate for the venture.
One of the offshore oil and gas industry’s most significant business development events is going digital in July when OGUK launches the first of its series of Share Fair Spotlight webinars featuring the forward work plans of Spirit Energy next week.
Ambitious plans for a new Energy Hub have been unveiled with hopes for hundreds of jobs and to make giant oil and gas fields in the West of Shetland "net zero by 2030”.
Oil majors are “falling short” of global climate goals despite their updated emissions targets, according to a new report.
Equinor has awarded £150 million worth of work to TechnipFMC for three projects offshore Norway.
North Sea oil giants Shell and Total have joined a UK floating offshore wind consortium created to drive forward the technology.
BP-scale job cuts of 15% worldwide is a “good ballpark” estimate for every oil major, according to consultancy Rystad Energy.