Sval Energi has closed its acquisition of interests in the Martin Linge and Greater Ekofisk Area from Equinor and the acquisition of Suncor Energy Norge.
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.
Equinor is to sell its non-operated share in the Greater Ekofisk Area to Sval Energi, alongside a minority share in the Martin Linge field, as part of a $1 billion deal.
Equinor’s Martin Linge oil and gas field will be officially opened today after more than six months in production.
Ongoing demand and high commodity prices have seen annual state revenues in Norway from oil and gas rise to historic levels.
Equinor is reportedly seeking a $1billion sale of a stake in the Martin Linge oil field in the North Sea.
Maersk Drilling has been awarded a contract extension with Equinor at the Martin Linge field worth around $10.5million.
State-owned operator Equinor has celebrated the start of production on the Martin Linge oil and gas field after a big rise in costs.
Maersk Drilling has received another boost to its contract with Equinor at Martin Linge, adding well intervention work.
Norway’s offshore health and safety watchdog has identified several “serious breaches” on board one of Equinor’s North Sea platforms.
Equinor revealed today that several wells on the Martin Linge field, offshore Norway, had barrier “deficiencies” and could no longer be used for production.
Oil and gas firm Equinor has confirmed that it has begun down-manning procedures on its Martin Linge platform in the Norwegian section of the North Sea.
An Aberdeenshire oil worker under quarantine in China has said he “doesn’t know” when he will be able to return to the UK.
Aberdeen-headquartered Wood has been awarded a contract from Equinor for work at its under-development Martin Linge field off Norway.
Norwegian oil giant Equinor has announced a reduction of £2.8 billion in estimated investments for North Sea projects in the development phase.
Equinor has released a video of the five module installation in Martin Linge field heading for the North Sea.
Energy firm Equinor has today announced the installation of the first module upon the Martin Linge field in the North Sea.
Equinor has released a video of the huge topsides for the Martin Linge field heading for the North Sea.
Energy giant Statoil has released images of work being carried out on three major projects set for the Norwegian Sea.
Statoil has finalised a deal with Total to take over operatorship of the Martin Linge field and Garantiana discovery on the Norwegian continental shelf.
Total has struck a $1.45billion deal with Statoil.
Norwegian authorities have ordered Total to step up safety standards on the energy giant’s Martin Linge development.
Total has made a North Sea gas discovery, according to the Norwegian Petroleum Directorate.
Total has been hit with a number of improvements after an audit was carried out on its Martin Linge gas field in the North Sea.