The largest European oil companies spend about 5 percent of their capital expenditure budgets on ``new energies``.
Read More »Equinor Seeks to Build a Core Area in Brazil
Over the last year Equinor has actively participated in new offshore licensing rounds.
Read More »Norway`s Oil Industry Good Prospect
Norway’s leading industry has been on the mend for the past two years after a 2014-2016 downturn.
Read More »New Offshore Wind Hammer Tested
The new hammer uses a large water tank to provide a more energetic. but quieter blow for offshore installation.
Read More »Saudi Arabia Cooperation with Tesla. Preparation for Post-Oil Economy
If the deal goes ahead. it is going to be just one step along the much longer journey for Saudi Arabia.
Read More »Equinor`s Oil and Gas Discovery Near Gudrun Field in North Sea
The discovery has been made at well 15 3-11 on the 15 3-4 (Sigrun) located in production license 025. following drilling.
Read More »Europe`s Energy Giants Earn Benefits of Oil Price Surge
The rise in the price of crude is obviously very good news for oil companies.
Read More »Dark Storm Hanging over the Oil Industry
Shell and BP predict oil consumption may flat line in the mid-2030s.
Read More »Production at Sharara Oilfield Fall over Abduction of Engineers
Tripoli-based NOC operates Sharara in partnership with Repsol. Total. OMV and Equinor. formerly known as Statoil.
Read More »Masdar. Equinor have Installed World-First Battery Facility
The project is Masdar'.s second offshore wind partnership with Equinor.
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