Bosses at Aker BP (OSLO: AKER BP) are toasting a “very strong” second quarter in which the company produced more oil and gas, at a lower cost.
Amid a wall of screens in the control room of Equinor ASA’s Johan Sverdrup oil field in the North Sea ticks a tally of the day’s production — and a measure of Norway’s growing importance to Europe’s energy security.
Equinor (OSLO:EQNR) has confirmed the start up of the second phase of its 2.7 billion barrel Johan Sverdrup megaproject in the Norwegian portion of the central North Sea.
Aker Solutions has been handed an extension to a maintenance and modification services contract on Equinor’s (OSLO: EQNR) Johan Sverdrup field.
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.