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.
Equinor has handed out a £62.5m insulation, scaffolding and surface treatment (ISO) contract to Kaefer Energy.
Norwegian authorities have approved an extension to the giant Johan Sverdrup development off the country’s coast.
Norwegian energy giant Equinor completed its three-day lift of the Johan Sverdrup platform in the early hours of this morning.
Subsea engineering firm TechnipFMC has announced a multi-million contract with Equinor for the Johan Sverdrup project.
A cycle of “renewed growth” has been forecasted for the North Sea as new projects drive up production levels.
After a two month sea voyage from South Korea, the Johan Sverdrup topside has arrived in the yard at Stord, Norway.
The processing platform for the Johan Sverdrup field has left Samsung Heavy Industries' yard in South Korea, Equinor said today.
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 oil pipeline has now been installed at the huge Johan Sverdrup field in the North Sea.
Equinor will submit the development plan for the second phase of the Johan Sverdrup project to the Norwegian Energy Ministry at ONS today.
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.
Norwegian engineering firm Kvaerner has delivered the last of three jackets for Equinor's Johan Sverdrup project.
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.