North Sea oil and gas projects boosted by farm-out deals
Two North Sea farm-out deals have been announced in another sign that the mature UK basin can still generate fresh investment for oil and gas projects.
Two North Sea farm-out deals have been announced in another sign that the mature UK basin can still generate fresh investment for oil and gas projects.
Norwegian energy major Equinor has bought 85% of a UK central North Sea licence from little-known UK independent oil firm Soliton Resources.
Norwegian energy giant Equinor today reported a 16% drop in first-half adjusted earnings to £5.8 billion due to lower prices and the impact of planned shutdowns for maintenance work.
Scottish firms and organisations will meet with other UK companies today as part of a new offshore wind industry task force with the aim of increasing talent within the sector.
Equinor today hailed production start-up from the 76 million barrel Trestakk subsea tieback project off Norway.
Equinor and partners will breathe new life into the Gudrun field offshore Norway by investing £225 million in water injection equipment.
Norwegian energy giant Equinor has announced it has formed a consortium to build a floating wind project off the shores of South Korea.
Subsea 7 has unveiled a new contract with Equinor in the Danish and Norwegian sectors of the North Sea.
An “education gap” needs to be met for activist groups to understand the need for oil and gas globally, according to a clean energy advisor.
Norweigian oil giant Equinor has divested a 16% shareholding in Lundin Petroleum for an increased stake in the Johan Sverdrup field.
Norwegian energy giant Equinor has announced a “high value” six-figure digital sponsorship deal with the Aberdeen Science Centre, signing a three-year contract.
Equinor is expecting production to begin in September for the first of its cross-border fields in the North Sea.
Equinor has made a "profitable oil discovery" at its Oseberg area in the Norwegian North Sea.
Aberdeenshire Conservative MP Colin Clark claimed the UK energy sector could be about to "cut off its nose to spite its face" if it doesn't utilise the skills from North Sea oil and gas during a Treasury Committee meeting.
Climate change targets have led to significant changes in the energy mix with the energy transition rapidly gaining pace.
Oil giant ConocoPhillips and its partners are understood to be bringing the Tor filed, located in the Norwegian side off the North Sea, back to life.
Equinor’s UK boss is preparing to become the top advisor to the Norwegian energy giant’s chief executive.
Equinor has said its Lifjellet prospect in the Central North Sea could be the “one to watch” from its UK exploration campaign.
The big ticket buyout of renewable electricity from Equinor’s Hywind project could make it a “stronger business” in the sector, according to a top energy analyst.
Equinor has signed three-year contracts with Tendeka and Baker Hughes Norge for providing sand screen services worth £92.5 million.
Equinor and Austrian oil firm OMV will work together on the Wisting development in the Barents Sea and the concept development for the Hades-Iris discovery in the Norwegian Sea.
Aberdeen energy services firm Wood has secured two new contracts with Equinor in Norway.
Norwegian energy giant Equinor has announced that it has bought up interest in a Brazilian oil discovery for more than £300 million.
Norwegian energy major Equinor is forging ahead with its plans for the North-Sea-border-straddling Barnacle project.
Equinor has set out its plan for developing the Cadet field in the UK North Sea.