Impairments of £2.1billion drag Equinor into the red
Impairments of £2.1billion dragged Equinor into the red in the third quarter of the year while revenues and production also fell.
Johan Sverdrup
Norwegian oil making competitive entry into Asian markets
Norway’s new oil grade is making inroads in Asia, threatening to undermine sales of similar crudes from Africa and South America.
Aker Solutions warns of earnings and revenue drop in 2020
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 Johan Sverdrup to be shipped to China
First oil from Equinor’s giant Johan Sverdrup field is to be shipped to China, the Norwegian operator has announced.
Equinor gets ‘early start’ on North Sea production at Johan Sverdrup
Oil giant Equinor has announced start of production at its giant Johan Sverdrup project in the Norwegian section of the North Sea.
Equinor announces early Sverdrup start-up alongside £4bn share buy-back
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.
Total sees ‘new potential’ for North Sea investment
Energy giant Total has said it sees “new potential for investments” in the North Sea off the back of exploration successes in the UK.
North Sea poised for boost from Johan Sverdrup
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.
Equinor completes £600m sale of stake in Lundin Petroleum
Norwegian energy firm Equinor has announce it has completed the sale of Swedish exploration oil and gas company Lundin Petroleum.
Equinor earnings drop, but a further £280m shaved off Sverdrup costs
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.
Equinor divests Lundin interest for increased Sverdrup stake
Norweigian oil giant Equinor has divested a 16% shareholding in Lundin Petroleum for an increased stake in the Johan Sverdrup field.
Subsea 7 picked for Johan Sverdrup phase two job
Equinor has dished out a contract for subsea pipelines and marine operations for phase two of the Johan Sverdrup project to Subsea 7.
Equinor awards £62.5 Johan Sverdrup contract
Equinor has handed out a £62.5m insulation, scaffolding and surface treatment (ISO) contract to Kaefer Energy.
Norway approves extension to giant Johan Sverdrup project
Norwegian authorities have approved an extension to the giant Johan Sverdrup development off the country’s coast.
Equinor completes ‘heaviest’ three-day lift on Johan Sverdrup
Norwegian energy giant Equinor completed its three-day lift of the Johan Sverdrup platform in the early hours of this morning.
TechnipFMC win Equinor subsea contract for Johan Sverdrup
Subsea engineering firm TechnipFMC has announced a multi-million contract with Equinor for the Johan Sverdrup project.
Big projects drive ‘renewed growth’ for North Sea – Rystad
A cycle of “renewed growth” has been forecasted for the North Sea as new projects drive up production levels.
Watch: Johan Sverdrup topside arrives at Stord in style
After a two month sea voyage from South Korea, the Johan Sverdrup topside has arrived in the yard at Stord, Norway.
Johan Sverdrup processing topside departs South Korea
The processing platform for the Johan Sverdrup field has left Samsung Heavy Industries' yard in South Korea, Equinor said today.
Kvaerner bags £85m Johan Sverdrup jacket gig
Equinor has awarded an £85 million contract for the supply of a jacket for the second phase of the Johan Sverdrup project to Kvaerner.
Norway’s longest pipeline installed at Johan Sverdrup
Norway’s longest oil pipeline has now been installed at the huge Johan Sverdrup field in the North Sea.
ONS 2018: Johan Sverdrup phase 2 plans submitted as costs lowered further
Equinor will submit the development plan for the second phase of the Johan Sverdrup project to the Norwegian Energy Ministry at ONS today.
How the oil crisis gave Norway’s giant field a $10 billion boost
Right before Norway’s biggest oil project in decades got the go-ahead in 2015, crude prices fell off a cliff. That turned out to be perfect timing.
Kvaerner delivers Johan Sverdrup jacket
Norwegian engineering firm Kvaerner has delivered the last of three jackets for Equinor's Johan Sverdrup project.
Equinor granted power consent for Johan Sverdrup
The Petroleum Safety Authority confirmed yesterday that it has granted Equinor consent for the use of an onshore power supply out to the Johan Sverdrup field.