The field was pumping around 290.000 bpd prior to the shutdown.
Read More »New Competition Seeks to Improve Wind Energy Resource Estimates
The growing size of offshore turbines and wind farms. extending beyond 200m in height and occupying tens of kilometres. has challenged traditional wind farm models.
Read More »Deal for Hywind Power Makes It Stronger Business. Top Analyst Says
The big ticket buyout of renewable electricity from Equinor’s Hywind project could make it a stronger business in the sector. according to a top energy analyst.
Read More »New Jersey picks Ørsted for First Offshore Wind Project
The 1.100MW Ocean Wind offshore wind farm is expected to power more than half a million homes.
Read More »Exxon Mobil Ready for Norwegian Exit
Speaking after reports that ExxonMobil is preparing to put its Norwegian upstream portfolio up for sale. Neivan Boroujerdi. principal analyst. Europe upstream. at Wood Mackenzie.
Read More »Key Exxon Shareholder Starts Divesting Over Climate Change
One of Exxon Mobil Corp.‘s largest shareholders. Legal &. General Group Plc. has divested 19 of its funds from the company and will ask its clients if it can withdraw more money. saying the oil and gas producer isn’t adequately addressing climate change.
Read More »Equinor Completes Purchase of Brazilian Oil Discovery For £300m
Norwegian energy giant Equinor has announced that it has bought up interest in a Brazilian oil discovery for more than £300 million.
Read More »Sleipner Partnership Releases CO2 Storage Data
Equinor and its partners will disclose datasets from Sleipner field. the world'.s first offshore CCS plant. in a push to advance innovation and development on the field of CO2 storage.
Read More »BP. Partners Confirm Investment in Deepwater Angola
P and partners today confirmed they have agreed further investment into deepwater Block 15. offshore Angola as part of an agreement with Angola'.s National Agency for Petroleum. Gas and Biofuels (NAPGB).
Read More »Delaying Climate Action Increases the Challenge. According to Equinor
Current climate actions are far from enough to put the world on a path to keep global warming well below 2o degrees.
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