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Tag: Equinor

SOCAR Considers Option of Accelerated Development of Offshore Fields

The State Oil Company of Azerbaijan and the Norwegian Equinor may revise the development plan for the development of the Karabakh field in the Azerbaijani…

Equinor logs new oil find near existing Barents Sea fields

Equinor and partners Vår Energi and Petoro have struck oil in exploration well 7220/7-4 in production license 532 in the Barents Sea. Recoverable resources are…

Equinor fourth quarter 2020 and year end results

Equinor reports adjusted earnings of positive USD 0.76 billion and negative USD 0.55 billion after tax in the fourth quarter of 2020. IFRS net operating…

UK oil and gas group names Equinor SVP as board co-chair

The leading representative body for the UK oil and gas industry has today announced the appointment of a new co-chair to its board, as the…

Equinor writes off its Tanzania LNG project

Equinor has decided to write down the book value of its Tanzania LNG project (TLNG) on the company’s balance sheet by 982million USD. This will…

Equinor Bags Largest Ever US Offshore Wind Award

Equinor revealed Wednesday that it has been selected to provide New York State with offshore wind power in what is being described as one of…

Aker Solutions lands two key Equinor Northern Lights CO2 contracts

Aker Solutions has been awarded a contract by Equinor for delivering the new CO2 receiving facilities Northern Lights outside Bergen, Norway. The company has also…

Norway’s parliament wants Equinor on a shorter leash

OSLO (Bloomberg) –The Norwegian state, which owns two-thirds of the country’s biggest oil company Equinor ASA, is debating how to use its stake in the…

Equinor Makes Changes at the Top

Equinor announced changes in its corporate structure and Corporate Executive Committee (CEC) on Monday. The company’s new corporate structure will consist of six business areas…

Support Block for Qarabağ Field Already Ready

On August 10, President of Azerbaijan Ilham Əliyev took part in the ceremony of sending the support block of the production platform to the sea to…

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