Tag Archives: Norway

Equinor has signed a 15-year agreement to supply LNG to India’s Deepak Fertilisers, which will use the gas mainly as a feedstock for ammonia production at a new plant, the Norwegian energy major said on Monday. Equinor is growing its LNG portfolio and will use the super-chilled fuel from its …

The Norwegian Ocean Industry Authority (Havtil) has granted Equinor consent for exploration drilling in the North Sea for wells 15/3-13 S and 15/3-13 A. These exploration activities will enable the Norwegian energy giant to spud the Brokk prospect, which lies in a water depth of 110 meters. This prospect is …

The Johan Sverdrup oilfield in Norway, Western Europe’s biggest oilfield which came online in 2019, will likely reach peak production rates by late 2024, earlier than expected, Upstream reported on Tuesday. While this is bad news for Norway’s ambitions to continue strong oil production, Johan Sverdrup is now producing more …

Oil and gas companies operating offshore Norway have set their sights on exploring for natural gas in the Arctic Barents Sea, eager to unlock new supply in light of the strong European demand for non-Russian gas. Over the next three years, some of the largest firms operating on the Norwegian …

Norway on Tuesday awarded stakes in 62 offshore oil and gas exploration licences to 24 energy companies, including state-controlled Equinor , boosting the amount of acreage offered as the country seeks to pump for decades to come. The annual award was up from 47 licences a year ago when 25 …

Oil and gas companies plan to boost exploration activity and spending offshore Norway this year as Western Europe’s top oil and gas producer looks to maintain production and raise exports to the rest of Europe. Currently, most exploration efforts are focused on areas around existing infrastructure so discoveries can be …

Environmentalists received a blow this week as Norway’s parliament agreed to allow Arctic seabed exploration to mine for critical minerals as it attempted to shift away from its reliance on oil and gas. The decision could make Norway the first country in the world to commercialize deep-sea mining to harvest …

Norway’s national oil company Equinor has announced that it has sold its shares in two Azerbaijani oil fields and the Baku Tbilisi Ceyhan oil pipeline to Azerbaijan’s state oil company SOCAR and will exit from Azerbaijan after 30 years in the country. “Equinor is in the process of reshaping its …

Energy major Equinor has made an oil and gas discovery near Oseberg, one of the top fields offshore Norway, which could add additional resources to the field, the Norwegian Petroleum Directorate said on Friday. Equinor and its partners in the license, Petoro, TotalEnergies, and ConocoPhillips, made the discovery about four …

Norwegian energy firm Equinor will submit a proposal to pre-qualify for Norway’s first offshore wind auction, the company’s CEO Anders Opedal told Reuters on Friday. Equinor has formed a consortium with Germany’s RWE for Soerlige Nordsjoe II, an area in shallower waters close to the maritime border with Denmark, where …