Norwegian energy giant Equinor has decided to reduce its exploration staff by 30 per cent as the Covid-19 pandemic reduces oil demand. In a statement sent to Offshore Energy, a spokesperson for Equinor said the planned reduction in positions in Equinor’s exploration organisation is around 30 per cent and it …
Read More »Oil Rebounds on Trump Health Update, Norway Shutdowns
Oil prices rose on Monday, lifted by comments from doctors for U.S. President Donald Trump suggesting he could be discharged from hospital as soon as Monday, just a few days after his positive coronavirus test sparked widespread alarm. Brent was up $1.20, or 3.1%, to $40.47 a barrel by 0925 …
Read More »Equinor Makes Oil and Gas Discovery in North Sea
Norwegian oil and gas giant Equinor has made an oil and gas discovery in the Swisher prospect near the Fram field in the North Sea offshore Norway. Equinor, as the operator of the production licence 248 C, has concluded the drilling of wildcat well 35/11-24 S and appraisal wells 35/11-24 …
Read More »Equinor Eyes Japanese Offshore Wind Market
Equinor said Wednesday it has partnered up with utilities Jera and J-Power to jointly bid in Japan’s planned first offshore wind auction, Kallanish Energy reports. Together the consortium plans to submit a bid to develop two offshore wind farms as soon as the Japanese government officially launches the tender. The …
Read More »Painting One Wind Turbine Blade Black Could Reduce Bird Mortality by 70%
NINA has also found ultraviolet lighting may deter the birds from the lit area and notes different placement of wind infrastructure could help reduce impacts.
Read More »356 Million Barrels of Oil under the Sea
It was purely a coincidence but, simultaneously on Monday, Providence Resources announced progress with its latest bid to develop its Barryroe oil discovery off the south coast while the EU Commission approved the latest price support scheme for renewable energy. Alan Linn, Providence’s new chief executive, pointed out that Barryroe, …
Read More »Equinor to Build the World’s Largest Floating Offshore Wind Farm
Equinor plans to build the world’s largest floating offshore wind farm in South Korea with up to 100 turbines. We have a plan for construction start in 2023, which can give a possible start of production in 2026, confirms press spokesman Erik Haaland in Equinor to Teknisk Ukeblad (TU). It …
Read More »World-Leading Clean Hydrogen Plant Planned for UK
Norway-based Equinor is leading a project to develop one of the UK’s – and the world’s – first at-scale facilities to produce hydrogen from natural gas in combination with carbon capture and storage (CCS). The project, called Hydrogen to Humber Saltend (H2H Saltend), provides the beginnings of a decarbonised industrial …
Read More »Jaguar Land Rover Launches World’s First Wireless Charged Taxis in Oslo
The vehicle manufacturer will help develop wireless, high-powered charging infrastructure in the Norwegian capital.
Read More »Norway Sets Oil Export Records as OPEC+ Cuts Leave a Void in the Market
As OPEC and its allies make their deepest cuts yet to crude production, Norway’s giant Johan Sverdrup oil field is exporting more than ever before. Crude loadings from the field are set at a record 4.4 million barrels, or 465,000 barrels a day, in August, according to a loading program …
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