Europe gas supplies to stay tight 2 more winters, Equinor CEO says
Europe will struggle over the next two winters to replace Russian natural gas supplies as China’s appetite for the fuel recovers, the chief executive of…
Equinor eyes investing 50% of income in renewables
The Norwegian company Equinor intends to invest 50% of its income in renewables, Stig Atland, Azerbaijan country manager of Equinor, said at a conference within…
Equinor presents its first Energy transition plan
Equinor has published its first Energy transition plan, which will be submitted for an advisory vote by shareholders at the company’s 2022 Annual General Meeting…
Equinor-bp JV awards new contract to Maersk
Empire Offshore Wind, a joint venture between Equinor and bp, has awarded a contract to Maersk Supply Service for charter of its newbuild wind installation…
Eyes on TotalEnergies as Shell confirms Russian exit
Energy majors continue to offload interests in Russia, with a series of divestment announcements by the likes of Shell, BP and Equinor. BP announced on…
Norwegian Equinor to exit Russia amid invasion of Ukraine
Norwegian energy group Equinor (EQNR.OL) said on Monday it will start the process of divesting from its joint ventures in Russia amid Moscow’s invasion of Ukraine. Equinor…
Equinor fourth quarter 2021 and year end results
Equinor reports record high adjusted earnings of $15 billion and $4.4 billion after tax in the fourth quarter of 2021. IFRS net operating income was…
Equinor sees Azerbaijan as a world-class source of oil and gas
Equinor sees Azerbaijan as a world-class source of oil and gas, Al Cook, executive vice president for Exploration & Production International at Equinor said in…
SOCAR, Equinor discuss progress of Karabakh project
President of the State Oil Company of Azerbaijan (SOCAR) Rovnag Abdullayev has met with a delegation led by Executive Vice President for Exploration and Production International at…
Equinor, BP Seal 2.5 GW Offshore Wind Farm Deal With NY State
Equinor and BP have finalized the Purchase and Sale Agreements (PSAs) with the New York State Energy Research and Development Authority for the Empire Wind…
Equinor Finds More Oil in Troll and Fram Area
Equinor has announced that the company, together with its partner Wellesley, has discovered oil in the Troll and Fram area in exploration wells 35/10-7 S…
Equinor interested in widespread use of wind energy in Azerbaijan
Energy Minister Parviz Shahbazov met with a delegation led by Equinor’s Senior Vice President for Russia and Azerbaijan Tore Loseth, Report informs, citing the ministry that the…
SOCAR, Equinor discuss joint development of “Karabakh”
President of the State Oil Company of Azerbaijan (SOCAR) Rovnag Abdullayev has met with a delegation led by Norwegian Equinor Vice President for Exploration Tore…
Production of the first oil from the Karabakh field has been postponed for several years
Production of the first oil from the Karabakh offshore field is planned to be obtained in 2025. This is stated in the annual report of…
Equinor appoints new Country Manager for Azerbaijan
Norwegian energy company Equinor is pleased to announce the appointment of Mr. Stig Åtland (Stig Aatland) as the new Country Manager for Azerbaijan, effective from…
Equinor submits Troll West electrification plan to Norwegian authorities
Equinor and partners Petoro, Shell, Total and ConocoPhillips have decided in favour of Troll West electrification, and today submit the plan for development and operation…
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…
Anders Opedal taking over as president and CEO of Equinor from 2 November 2020
The Board of Directors of Equinor (OSE: EQNR, NYSE: EQNR) has appointed Anders Opedal as new president and CEO of Equinor from 2 November 2020….
SOCAR and Equinor will soon begin installation of a production platform at the Caspian field
SOCAR and Norwegian Equinor plan to launch the installation of a new production platform at the Karabakh gas condensate field in the Azerbaijani sector of…
Equinor acquires a 40% stake in the Rosebank project
Equinor has signed an agreement to acquire Chevron’s 40% operated interest in the Rosebank project, one of the largest undeveloped fields on the UK Continental…
Norway’s largest oil pipeline now in place
Last week Norway’s largest and longest pipeline, laid by the vessel Saipem Castorone, reached the Johan Sverdrup field in the North Sea. Late last week…
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