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Equinor’s Grimsnes discovery adds up to 50 MMboe near Oseberg in North Sea

Equinor and partners Petoro and TotalEnergies have made an oil and gas discovery in exploration well 30/8-7 S Grimsnes, near the Oseberg field in the Norwegian North Sea. Preliminary estimates put recoverable volumes at 19 MMboe to 50 MMboe (3 million to 8 million Sm³). The Deepsea Bergen rig drilled the well in production license […]

Shell to acquire 30% stake in Equinor’s Bay du Nord offshore oil project

Shell has signed an agreement to acquire a 30% interest in Equinor’s Bay du Nord offshore oil project in Newfoundland and Labrador, Canada, as the companies advance the estimated C$14 billion development toward a final investment decision in early 2027. Under the agreement, Equinor will retain a 70% interest and remain operator of the deepwater […]

Equinor awards Weatherford offshore completions work in Norwegian North Sea

Weatherford International has secured a two-year extension of several existing agreements with Equinor and has been selected as the primary provider of completion systems for the Statfjord and Oseberg fields on the Norwegian Continental Shelf.  The awards expand Weatherford’s role in supporting Equinor’s offshore development and production operations in the North Sea, where the companies […]

$11.8 billion North Sea oil & gas project clears key consultation hurdle ahead of government’s final say

Adura, an incorporated joint venture (IJV) between the UK-headquartered Shell and Norway’s Equinor, has confirmed the end of a public consultation period on the development of an oil and gas field in the North Sea. This project on the UK Continental Shelf (UKCS) is now awaiting the UK government’s final call. Adura has welcomed the conclusion of […]