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Following Repsol’s lead, Equinor includes end use in its climate goals

Following Repsol’s lead, Equinor includes end use in its climate goals

Equinor ASA boosted its targets for reducing emissions just as its oil and gas production hit a record high. Company launches a new climate roadmap aiming to ensure a competitive. For the first time, the Norwegian state-controlled producer set a target for carbon-emissions cuts that also includes the end use of the products it sells....

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Equinor taps Subsea Integration Alliance for Bacalhau FEED project offshore Brazil

Equinor taps Subsea Integration Alliance for Bacalhau FEED project offshore Brazil

Schlumberger announced an award to Subsea Integration Alliance of an exclusive contract by Equinor for the front-end engineering design (FEED). Equinor and its partner Shell have completed a joint acquisition of the 49% interest held by Schlumberger. The contract scope brings together field development planning, project delivery. Equinor has signed an agreement with Eidesvik Offshore...

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Equinor to extend Statfjord field life with 100 new wells

Equinor to extend Statfjord field life with 100 new wells

Equinor and its partners in Norway’s Statfjord area have identified and approved plans to extend production from the field towards 2040. Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares. A new business plan will ensure even higher use of resources, extract more value from the field. The shares...

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Dolphin Drilling lands semisub contract with Shell

Dolphin Drilling lands semisub contract with Shell

Global contractor Dolphin Drilling has secured further work for its Borgland Dolphin semi-submersible drilling rig. The oil rig has left a £50,000 cash donation. Olsen Energy ASA, has entered into a contract for the provision. The company has won a contract with AS Norske Shell in Norway to provide rig support. The majority lenders under...

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Siccar Point Energy completes Lyon exploration well

Siccar Point Energy completes Lyon exploration well

Operator Siccar Point Energy has completed an exploration well 208/02-1 on the Lyon Prospect. The North Sea exploration and production company moved in to the city centre premises in May. Siccar Point Energy is pleased to announce the closing of a $100 million tap issue of its existing five year. Company has commenced its 2019...

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Equinor reports collision between supply vessel and Statfjord A

Equinor reports collision between supply vessel and Statfjord A

The supply vessel PSV Sjoborg collided into the Statfjord A platform in connection. The current climate actions are far from enough to put the world on a path. Equinor has been awarded five licences by the Oil and Gas Authority (OGA). Equinor and its partners confirmed a new timeline for the Rosebank project. The nomination...