Snohvit, the first hydrocarbon development in the Barents Sea according to Equinor, has been producing since 2007. The Snohvit Future project, approved 2023, involves onshore compression to ensure the flow of gas and electrification to curb emissions. Equinor expects the onshore compression component to be completed 2028. From 2030, Snovhit is expected to shift to electrified operation.
The framework agreement begins in August 2025 and runs until July 2027, with four optional one-year extensions. The scope includes planning, advisory and execution services across insulation, coatings, passive fire protection, structural access and software-driven performance enhancement.
Denmark’s majority state-owned Orsted announced “a rights issue with pre-emptive rights for existing shareholders” on August 11, instead of pursuing a planned partial sale from the Sunrise Wind offshore project in the United States. Orsted said then the farm-down could not be completed due to “recent material adverse development in the U.S. offshore wind market”.
Equinor ASA and its partners have struck an oil and gas discovery nine kilometers (5.59 miles) north of the Troll field on Norway’s side of the North Sea.
Exploration well 35/11-31 S in production licence 090 encountered petroleum in two reservoirs, one containing oil and gas and the other gas only. Estimated resources range from 0.1 million to 1.1 million standard cubic metres.
Energy tech provider TechnipFMC has secured an integrated engineering, procurement, construction, and installation (iEPCI) contract for Equinor ASA’s Heidrun extension project. TechnipFMC said in a media release that the award follows an integrated front-end engineering and design study it had already completed.
TechnipFMC has been awarded a significant(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Equinor for its Heidrun extension project in the Norwegian North Sea.
Equinor and its partners are investing NOK 13 billion in the third phase of Johan Sverdrup, one of the world’s most carbon-efficient oil fields. New subsea infrastructure will increase recovery by 40–50 million barrels of oil equivalent (boe).
Equinor has discovered oil on the Johan Castberg field in the Norwegian section of the Barents Sea, the company said on Sunday.
The find was made in the Drivis Tubåen structure, with preliminary estimates placing the volume at 9 million-15 million barrels.
Equinor and Shell have unveiled Adura as the name of their new incorporated joint venture, set to become the UK North Sea’s largest independent oil and gas producer, the companies said on Thursday.