Tag Archives: Equinor (Statoil)

Equinor, an oil and gas company, has signed long-term gas supply deal with Austrian energy company OMV. Starting 1 October 2023, the five-year agreement will see Norway’s Equinor supply 12 terawatt-hour (TWh) of gas annually. Equinor said it will deliver the gas at the Trading Hub Europe in Germany. The …

The head of Canadian operations for oil producer Equinor said on Tuesday he is more optimistic the Norwegian company will proceed with its Bay du Nord offshore project, four months after delaying the project for up to three years due to soaring costs. “That’s our sentiment now, we really want …

Equinor has acquired a 25% interest in Bayou Bend CCS LLC, positioned to be one of the largest U.S. carbon capture and storage projects located along the Gulf Coast in Southeast Texas. Bayou Bend is positioned to be one of the largest CCS solutions in the U.S. for industrial emitters, …

Equinor has started production at Statfjord Øst, which is expected to boost production by a total of 26 million barrels of oil equivalents from the project, the Norwegian energy major said on Friday. Equinor has been looking to extend the life of various producing oil and gas fields on the …

Norway’s energy major Equinor is today launching the world’s largest floating wind power installation, with 88 MW of capacity. The Hywind Tampen installation, offshore Norway, will supply electricity to oil and gas platforms in the area, Reuters notes in a report on the news. According to Equinor, the wind park …

Equinor will replace two gas turbines with heat recovery to produce electric power. This will reduce annual CO2 emissions by 95 000 t. Statfjord C will change its power solution to cut emissions. A new steam turbine will produce electricity based on surplus heat from two gas compressors. This will …

Equinor’s second Polish solar plant has started test production in the north of the country. The 60MW Zagórzyca solar plant, located in the Damnica municipality, was developed and will be operated by the Polish renewable power producer Wento, Equinor’s 100% subsidiary. Equinor acquired Wento and its 1.6GW pipeline of solar …

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 …

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 …

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, …