Tag Archives: Equinor (Statoil)

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 …

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 …

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 …

The Norwegian Petroleum Directorate (NPD) last week granted Equinor a drilling permit for wellbores 34/6-6 S and 34/6-6 A, expected to be drilled in November and December 2022, respectively. The prospect is named Angulata Brent. Both wells are located in production licence 554, between Garantiana and Visund fields. The licence …

The construction of the 58 MW Stępień solar plant in Poland is completed, and the plant is ready for operation. Stępień was developed and will be operated by Wento, Equinor’s 100% subsidiary. In 2021, Equinor bought the Polish solar developer Wento and its pipeline of solar projects across Poland. Less …

Equinor ASA, the Norwegian energy major, could be an “important partner” for the power, oil and gas giant that Poland is creating from state-controlled companies, according to Daniel Obajtek, the chief executive officer of refiner PKN Orlen SA. Poland selected Orlen, central and eastern Europe’s largest refiner, to become the …

After Norway’s state-owned giant Equinor decided to exercise its option to add more wells to the backlog of an Odfjell Drilling-owned rig, this rig now has eight more wells to drill for the Norwegian company. Back in May 2021, Odfjell Drilling and Equinor inked a deal for the Deepsea Stavanger …

Norway approved plans on Friday for three gas field developments that will further increase production from the Norwegian Continental Shelf in the short to medium term. The move comes days after Norway’s authorities approved applications from operators to boost production from several operating gas fields, the Norwegian Ministry of Petroleum …

On behalf of its partners in the Bacalhau oil field, Equinor Brasil has awarded Valaris a 540-day drilling contract to commence in 2023. The Valaris DS-17 drillship will be used to drill an appraisal well, cap a former exploration well and conduct additional drilling scope work in Brazil. It is …

Norwegian offshore workers have begun a strike that will reduce oil and gas output, according to the union leading the industrial action. The strike, in which workers are demanding wage increases to compensate for rising inflation, came on Tuesday amid high oil and gas prices, with supplies of natural gas …