Equinor News

 

Norway Clears Equinor for Drilling in Barents Sea

Feb 10, 2025

The Norwegian Offshore Directorate has granted Equinor a drilling permit for an exploration well in the Barents Sea.The permit is for a wellbore 7220/7-CD-1 H in production license 532, which is operated by Equinor with 46.3% working interest, and partners Vår Energi with 30%, and Petoro with 23.7% stakes.Equinor will use Transocean Enabler semi-submersible rig to execute the work.The rig is of the CAT D (GVA 4000 NCS) type…

Equinor Sells Peregrino Field to Brazilian Oil and Gas Firm for $3.5B

May 02, 2025

Equinor Brasil Energia, a subsidiary of Equinor, has entered into agreements with Brazilian company Prio Tigris, a subsidiary of PRIO, for the sale of its 60% operated interest in the Peregrino field, offshore Brazil.PRIO, Brazil’s largest independent oil and gas company…

Equinor Renews Facility Management Contract with Coor

Feb 27, 2025

Facility management services firm Coor has secured an extension contract with Equinor for facility management services on its offshore oil platforms in the North Sea.Coor has delivered facility management services to five of Equinor’s oil platforms since 2015…

Equinor Hires BW Offshore and Altera Infrastructure for Bay du Nord FPSO Job

Jan 23, 2025

Equinor has awarded pre-FEED study contracts to BW Offshore and Altera Infrastructure for the Bay du Nord floating production storage and offloading (FPSO) vessel, planned for deployment offshore Canada.The Bay du Nord project consists of several oil discoveries in the Flemish Pass basin…

Equinor’s 10% Stake Acquisition in Ørsted Now Completed

Dec 23, 2024

Equinor has completed the acquisition of additional 0.2% in Ørsted, increasing its share to 10% and cementing its position as the second largest shareholder in the company.The transaction makes Equinor the second largest shareholder in Ørsted after the Danish State…

Equinor, Partners Set Up Single Unit for Two UK Offshore Wind Farms

Dec 17, 2024

Norway's Equinor and partners have agreed to join two planned offshore wind projects in Britain into one legal entity, in a move it said would be more cost-effective and help to minimize the environmental impact.The projects are extensions to…

Equinor Exits Suriname

Aug 07, 2024

Equinor and ExxonMobil Corp said on Wednesday they have transferred their stakes in a deepwater oil and gas exploration block off Suriname to Hess Corp, with the Norwegian oil producer exiting the South American country.The exit aligns with…

Subsea7 and Equinor Strengthen Collaboration, Agreeing Work on Two Fields

May 02, 2024

Subsea7 has signed a new long-term strategic collaboration agreement between Equinor and Subsea Integration Alliance, which comprises Subsea7 and OneSubsea, securing exclusive collaboration on the Wisting field offshore Norway, and Bay du Nord…

Canada Regulator Licenses Equinor's Offshore Oil Discovery

Feb 02, 2024

A Canadian offshore oil regulator said on Friday it has licensed an oil discovery by Equinor ASA off the country's coast, an area of around 14,900 hectares.The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) said that the…

Equinor’s Economic Boost to Local Industry Increases

Nov 21, 2023

A new report shows that deliveries to exploration, operation and modification of Equinor-operated fields and onshore plants in Norway exceeded 93 billion NOK in 2022, an increase of approximately 13% from the previous year.The report was presented…

Equinor Prepares Sale of Rosebank Oilfield Stake

Nov 07, 2023

Equinor is preparing to sell a 20% stake in its Rosebank oil development in the British North Sea, which could fetch about $1.5 billion, two industry sources said.The Norwegian energy giant is seeking to sell a quarter of its 80% stake in the project…

Equinor Discovers Oil and Gas in North Sea Offshore Norway

Nov 03, 2023

Norway's Equinor has discovered oil and gas four kilometers west of the Oseberg field in the North Sea in two separate formations, the Norwegian Petroleum Directorate said on Friday.The combined volume of crude and natural gas in the Eiriksson and Cook formations was estimated at between 2…

Equinor Cuts Output Guidance; Q3 Profit Beats Forecast

Oct 27, 2023

Equinor on Friday cut its full-year oil and gas output guidance while posting a bigger-than-expected profit for the third quarter, boosted by the company's trading unit.The Norwegian energy group's adjusted earnings before interest and tax for July-September fell to $8…

Equinor 'More Optimstic' About Proceeeding with Bay Du Nord Offshore Project After Delay

Sep 21, 2023

The head of Canadian operations for oil producer Equinor said on Tuesday he is more optimistic the Norwegian company will proceed with its Bay du Nord offshore project, four months after delaying the project for up to three years due to soaring costs…

Byrne to Spearhead Equinor's US Offshore Wind Operations

Sep 20, 2023

Norwegian energy industry giant Equinor has appointed of Samuel Byrne as Vice President of Operations at Equinor Renewables Americas to lead Equinor's offshore wind operations in the U.S.Bryne most recently served as Vice President responsible…

Logistics News

Israel Bombs Yemen's Hodeidah Port

Israel Bombs Yemen's Hodeidah Port

SAAM Terminals Holds Fourth Port Gathering to Reflect on Industry Challenges

SAAM Terminals Holds Fourth Port Gathering to Reflect on Industry Challenges

Greensand’s CO2 Transit Terminal at Port Esbjerg Starts Taking Shape

Greensand’s CO2 Transit Terminal at Port Esbjerg Starts Taking Shape

Wallenius Wilhelmsen Finalizes Acquisition of Armacup

Wallenius Wilhelmsen Finalizes Acquisition of Armacup

Subscribe for Maritime Logistics Professional E‑News

US Army Corps targeting fall decision for Enbridge Line 5 tunnel
Portugal's power swaps with Spain are still suspended amid a blackout investigation
Security sources claim that Sudan's RSF launched a second drone attack on Port Sudan.