Tag Archives: Norway

Equinor ASA has transferred its participating interests in four Russian joint ventures to Rosneft and is released from all future commitments and obligations, the company said in a release May 25. An agreement to exit the Kharyaga project has also been signed. Equinor began the exit process in late February …

Norwegian oil and gas giant Equinor has made a new oil discovery in Snøfonn Nord with the exploration well 7220/8-2 S, located by the Johan Castberg field development in the Barents Sea. This proximity to the current project development enables the tieback option, which will be considered by Equinor and …

Norway, western Europe’s largest oil and gas producer, should share the huge profits it has made from oil and gas exports since the Russian invasion of Ukraine, Poland’s prime minister Mateusz Morawiecki said this weekend. “They should share these excess profits. It’s not normal, it’s unjust. This is an indirect …

The authorities in Norway have arrested 20 activists who used small boats to keep a Russian oil tanker from unloading off Copenhagen on Monday. The activists, joining a Greenpeace action, had chained themselves to the Hong Kong-registered Ust Luga oil tanker before being removed by police, Norway’s Aftenposten daily newspaper …

Germany and Norway are weighing options to build a hydrogen pipeline to reduce their reliance on Russia for energy supplies in the wake of Moscow’s invasion of Ukraine, reported Bloomberg News. The move is said to in response to recent threat by Russia that it could consider closing the main …

Three Norwegian gas fields have had their production licenses adjusted and will thus be able to maintain their high production levels in the future. “These decisions will not significantly increase the total daily export of gas from the Norwegian continental shelf, but facilitate that the current high level of delivery …

Equinor, Western Europe’s largest natural gas producer, said it is extracting oil and gas at full capacity in order to replenish the continent’s dwindling gas storage, while admitting that Europe’s dependency on Russia will be “difficult” and will require greater investment in both fossil fuels and renewables. As part of …

Equinor and its partner Wellesley have discovered oil in the Troll and Fram area in the Norwegian North Sea, following the drilling of the exploration wells 35/10-7 S and 35/10-7 A. The discovery was made at the Toppand prospect, 8km west of the producing Fram field, in production licence 630 …

Equinor has discovered oil in the Toppand prospect in the Troll/Fram area of the Norwegian North Sea. The semisubmersible West Hercules drilled wells 35/10-7 S and 35/10-7 A 8 km (5 mi) west of the Fram field in 354 m (1,161 ft) water depth. Well 35/10-7 S encountered 75-m (246-ft) …

Equinor ASA will drill about 25 exploration wells off Norway’s coast next year in a bet that it will be among the last companies still producing oil and gas when the world has achieved net-zero emissions. All scenarios, including the International Energy Agency’s vision of a net-zero world, include the …