Baker Hughes has a history of successful integrated P&A projects, as well as its innovative portfolio of Mature Assets Solutions with a proven track record of increasing efficiency, accelerating timelines and reducing total operating costs. Through this integrated P&A program, Baker Hughes will plug and abandon wells and provide project management services on behalf of Equinor.
Two appraisal wells drilled by Equinor ASA in the North Sea about 20 kilometers (12.43 miles) east of the Troll A platform have shown a suitable reservoir for carbon dioxide (CO2) storage.
Equinor subsidiary Equinor Brasil Energia has entered into agreements to sell its 60% operated interest in Brazil’s Peregrino offshore oilfield to Prio Tigris, a subsidiary of Brazilian independent oil and gas company Prio, for USD 3.5 billion, the Norwegian company announced on Friday.
Kinewell said its Kinewell Layout Optimization of Cable (KLOC) software employs AI-driven technology to quickly create optimized inter-array cable layouts for offshore wind farms. KLOC leverages sophisticated optimization algorithms to deliver economically efficient layouts with enhanced reliability, generally achieving savings of approximately 20 percent on cable system capital expenditures, all while simplifying the early-stage development process, Kinewell said.
Equinor and partners Okea and Pandion Energy have discovered gas and condensate in the Mistral Sør exploration well in the Norwegian Sea, Equinor said on Wednesday.
Norway’s Equinor has become the latest energy company to stem its green growth plans as the backlash against renewables continues.
The Deepsea Atlantic semi-submersible drilling rig will continue serving the Norwegian energy giant Equinor ASA until the end of the second quarter of 2027. Odfjell Drilling Ltd said in a media release that the unit will continue operating under previously agreed terms until the middle of the third quarter of 2026.
Equinor has been awarded stakes in 27 production licences on the Norwegian continental shelf, the company said on Tuesday.Equinor has been awarded stakes in 27 production licences on the Norwegian continental shelf, the company said on Tuesday.
Equinor’s exploration well 31/1-4 in the North Sea has yielded an oil and gas discovery estimated at between 2 million-12 million boe, Equinor announced on Tuesday.
With Equinor’s endorsement, the Incremental Production Decree also aligns with broader strategies to extend the lifecycle of assets and maximize value. Koch added, “The new fiscal terms can work as a catalyst in our strategy to extend the longevity of our production outside Norway, while securing value for decades to come for our partnerships and the Angolan society.”