Equinor ASA and Norwegian airport regulator Avinor aim to make “advanced drone operations” over the North Sea common place to make it easier to inspect rigs and cut down the vast distances between the oil and gas platforms. Establishing an unmanned air traffic system will make it easier to employ …
Read More »Equinor Begins Production from Bauge Oil and Gas Field in Norwegian Sea
Equinor Energy and its partners have started production from the Bauge oil and gas field in the southern Norwegian Sea, which has been developed with an investment of NOK4.6bn ($438.2m). Bauge is tied back to the Equinor-operated Njord platform, which went through an upgrading project that was completed in December …
Read More »Oil Majors Fight Back against Brazil’s Surprise Export Tax
Five European oil majors have drawn a line in the sand with Brazilian President Luiz Inacio Lula da Silva’s administration over a surprise oil export tax that raises the specter of resource nationalism in Latin America’s biggest oil producing country. The Brazilian subsidiaries of Shell Plc, TotalEnergies SE, Repsol SA, …
Read More »Equinor, BP Bid for Third New York Offshore Wind Solicitation
Equinor and bp jointly bid into New York’s third offshore wind solicitation (NY3) today. Equinor and bp’s bid, submitted to the New York State Energy Research and Development Authority in response to the state’s most recent offshore wind energy solicitation, would provide New York with renewable energy from the Beacon …
Read More »Equinor all Set to Deploy Transocean Rig at North Sea Field
Norwegian state-owned energy giant Equinor has received consent from the country’s offshore safety regulator to use one of Transocean’s semi-submersible rigs for plugging, drilling and completion activities at a field in the North Sea off Norway. The Petroleum Safety Authority Norway (PSA) revealed on Thursday that it had given Equinor …
Read More »Equinor and Partners Make Gas Discovery in Norwegian Sea
Equinor and its partners have made a commercial gas discovery in the Norwegian Sea, following the drilling of wildcat well 6605/1-2 S and appraisal well 6605/1-2 A. Located approximately 23km south of the Irpa oil field and 350km west of Sandnessjøen, the new discovery, named Obelix Upflank, is estimated to …
Read More »Equinor Makes Norway Gas Discovery
Equinor has made a commercially viable gas discovery in the Norwegian Sea believed to contain between 2 billion and 11 billion cubic metres of recoverable gas, the company said on Wednesday. The find is located 23 kilometres south of the Irpa gas discovery and also close to the Aasta Hansteen …
Read More »$30 Billion Investment will Keep Norwegian Gas Output High for Years
Norway will continue to pump the current high volumes of natural gas for at least another five years as operators have pledged $30.3 billion (300 billion Norwegian crowns) to develop new fields and extend the lifetimes of producing fields, the Norwegian Petroleum Directorate said on Monday. “These are remarkable investments …
Read More »Norway’s Oil Profits Soared to New Heights in 2022
Following several previous successful years, Norway once again saw record oil and gas profits in 2022, as well as progressing its renewable energy operations. With energy prices soaring last year, in response to the Russian invasion of Ukraine and the subsequent scarcity of oil and gas in Europe, Norway recorded …
Read More »IRENA and Industry Leaders Launch the Alliance for Industry Decarbonization
The International Renewable Energy Agency (IRENA), co-founding partner Siemens Energy and 13 companies across all industry sectors have launched the global Alliance for Industry Decarbonization. The new Alliance aims to accelerate net-zero ambitions and the decarbonization of industrial value chains in pursuit of the Paris Agreement climate goals. The new …
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