Equinor’s Trollvind project was born out of power necessity
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.
Johan Sverdrup
Aker BP and Lundin flesh out merger plans
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.
Norway reports ‘record-high’ oil and gas revenues
Ongoing demand and high commodity prices have seen annual state revenues in Norway from oil and gas rise to historic levels.
Lundin Energy is exploring a sale of $10bn Nordic oil producer
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 boss hails ‘best’ quarterly results since 2014
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 to bag £43m for Johan Sverdrup job
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 workers show off dance moves in music video for “BlimE” campaign
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”.
VIDEO: Equinor stages helicopter rescue exercise at North Sea platform
Equinor has release dramatic footage of a mock helicopter rescue operation at an offshore platform in the North Sea.
Swell of offshore project approvals brings ‘new investment cycle’ – Rystad
A swell of offshore project approvals means a “new investment cycle is in the making”, according to analysts.
‘Record number’ of oil and gas fields producing off Norway
Last year saw a “record number” of oil and gas fields producing in Norway, according to new analysis.
In Europe’s richest petro-state, the top oil lobbyist is worried
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 lonely oil giant that’s saving Norway’s crude production
The giant Johan Sverdrup oil field is coming to the rescue of Norway’s oil industry -- again.
Equinor’s new grade of North Sea crude popular in Asian oil market
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 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.
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.