Equinor and partners Petoro, Shell, TotalEnergies and ConocoPhillips have approved an investment of approximately USD 410 million in a new subsea development to increase gas production from the Troll field in the North Sea, Equinor announced on Friday. The Troll West Increased gas recovery North (TWIN) project is expected to add approximately 11 bcm (388.5 bcf) of gas production […]
Equinor has outlined plans to increase production to 2.3 MMboed by 2030, supported by higher investment in oil and gas projects, increased production on the Norwegian Continental Shelf (NCS) and continued growth in its international portfolio.
Petrobras has agreed to acquire a 50% interest in the offshore Itaimbezinho exploration block in Brazil’s Campos basin from Equinor, expanding its presence in one of the country’s most active offshore regions.
Equinor and Aker BP have agreed to align portions of their Norwegian Continental Shelf portfolios through a series of offshore asset transactions aimed at accelerating development activity and increasing long-term value creation. The companies said the collaboration will focus on selected offshore areas where greater ownership alignment could support faster project decisions, improved resource utilization and more coordinated […]
Norway’s state-owned energy giant Equinor has received clearance from the Norwegian authorities to conduct drilling activities on the Norwegian Continental Shelf (NCS) with a semi-submersible rig owned by Transocean, an offshore drilling contractor.
Equinor has started production from the Eirin field in the North Sea, bringing new gas volumes online for export to Europe through existing infrastructure at Gina Krog and Sleipner A.
Equinor has extended a series of drilling and well services agreements valued at approximately NOK 17 billion ($1.6 billion) to sustain production and activity on the Norwegian Continental Shelf.
BW Offshore has signed a front-end engineering and design (FEED) agreement with Equinor for the Bay du Nord development offshore Newfoundland and Labrador, Canada.
Equinor has started drilling for the Raia gas project in the Campos Basin offshore Brazil, one of the country’s largest natural gas developments, the company announced on Tuesday.
Equinor ASA on Tuesday announced another oil discovery around the Johan Castberg field on Norway’s side of the Barents Sea, with preliminary estimated recoverable resources of 24 million barrels of oil equivalent.