Oil and gas accounts for 25% of CO2 emissions from Norway. Quite simply, if the industry doesn’t step up then the country cannot meet its climate targets.
Proposals have been published outlining the process for Aker BP’s takeover of Lundin Energy, in a merger aimed at creating Norway’s second-largest oil and gas producer.
Ongoing demand and high commodity prices have seen annual state revenues in Norway from oil and gas rise to historic levels.
Nordic oil producer Lundin Energy is exploring a potential sale that could rank as one of the largest European oil and gas deals in years, people with knowledge of the matter said.
Equinor said today that higher oil and gas prices and strong financial performance from its renewables segment drove the company to its best quarterly results since 2014 in Q1.
Aker Solutions has signed a £43 million contract to deliver hook-up and commissioning assistance of the P2 processing platform at Equinor’s Johan Sverdrup field offshore Norway.
Equinor has released a music video of dozens of its workers dancing across an oil platform as part of a campaign to promote “friendship and unity”.
Equinor has release dramatic footage of a mock helicopter rescue operation at an offshore platform in the North Sea.
A swell of offshore project approvals means a “new investment cycle is in the making”, according to analysts.
Last year saw a “record number” of oil and gas fields producing in Norway, according to new analysis.
Some of the most powerful people in Norway’s vast oil industry are increasingly worried about what they see as a lack of nuance in the criticism of fossil fuels.
The giant Johan Sverdrup oil field is coming to the rescue of Norway’s oil industry -- again.
A new grade of North Sea crude produced by Norwegian energy giant Equinor is seeping into the Asian oil market at pace, reports suggest.
Impairments of £2.1billion dragged Equinor into the red in the third quarter of the year while revenues and production also fell.
Norway’s new oil grade is making inroads in Asia, threatening to undermine sales of similar crudes from Africa and South America.
Aker Solutions has warned that revenue and earnings are expected to dip next year as it fights for work in a “very competitive market”.
First oil from Equinor’s giant Johan Sverdrup field is to be shipped to China, the Norwegian operator has announced.
Oil giant Equinor has announced start of production at its giant Johan Sverdrup project in the Norwegian section of the North Sea.
Norwegian energy giant Equinor has announced the early start up of its Johan Sverdrup field alongside the announcement of a £4 billion share buy-back.
Energy giant Total has said it sees “new potential for investments” in the North Sea off the back of exploration successes in the UK.
The rise of a huge new Norwegian oil field is poised to give North Sea output one of its biggest boosts in years. The surge won’t last.
Norwegian energy firm Equinor has announce it has completed the sale of Swedish exploration oil and gas company Lundin Petroleum.
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.
Norweigian oil giant Equinor has divested a 16% shareholding in Lundin Petroleum for an increased stake in the Johan Sverdrup field.
Equinor has dished out a contract for subsea pipelines and marine operations for phase two of the Johan Sverdrup project to Subsea 7.