Equinor News

 

Energy Security: Equinor Inks Deal for Winter Gas Supply with UK’s Centrica

Jun 16, 2022

Equinor and Centrica announced an agreement to deliver additional gas supplies to the UK, effectively providing energy security for the UK over the coming three winters. The new supply agreement adds around 1 billion cubic meters (bcm) per year to Equinor’s existing…

Equinor Taps Heerema for U.S. Offshore Wind Work

May 09, 2022

Norwegian energy company Equinor has on behalf of its U.S. offshore wind joint venture with BP,  selected Dutch offshore installation firm Heerema Marine Contractors as a strategic supplier to develop the Empire Wind and Beacon Wind projects…

Equinor to Transfer Krafla Field Operatorship to Aker BP for Simpler NOAKA Development

May 05, 2022

Norwegian oil companies Equinor and Aker BP have agreed for the Krafla offshore field operator to be transferred from Equinor to Aker BP. With this transaction Aker BP will be the operator of all discoveries in the NOAKA area - Krafla, Fulla…

Equinor Posts Record 1Q Pretax Profit. Sale of Gas Now Its Most Profitable Business

May 04, 2022

Equinor reported record earnings on Wednesday, as the war in Ukraine triggered an energy supply crunch that sent gas prices soaring to all-time highs.The state-controlled Norwegian company has emerged as a big winner in Europe's energy crisis…

Equinor Stops Trading Russian Oil

Mar 15, 2022

Norwegian state oil company Equinor said on Monday it will stop trading in Russian oil as the company shuts down operations in Russia following its invasion of Ukraine.Equinor's official announcement comes four days after Equinor's chief executive…

Equinor to Withdraw from Russian Joint Ventures over Russian Invasion of Ukraine

Feb 28, 2022

Norwegian oil and gas company Equinor said Monday it had decided to stop new investments into Russia and to start the process of exiting Equinor's Russian Joint Ventures.'We are all deeply troubled by the invasion of Ukraine, which represents a terrible setback for the world…

Equinor Exits Ireland with $434M Sale of Corrib Gas Field Stake to Vermilion Energy

Nov 29, 2021

Norwegian oil and gas company Equinor has agreed to sell its stake in the Corrib offshore gas project in Ireland to Vermilion Energy.The transaction is organized through a share sale of Equinor Energy Ireland Limited, a company 100% owned by Equinor ASA…

Solstad's Anchor Handler to Stay with Equinor for Another Year

Aug 23, 2021

Norwegian offshore shipping firm Solstad Offshore has secured a contract extension with Equinor for its Normand Ferking vessel.The extension will see the anchor handling vessel stay with Equinor for another year, to November 2022. Equinor has…

Activists Halt Oil Exports from Equinor's Norway Terminal

Aug 19, 2021

Crude oil loading at Equinor's Sture export terminal on Norway's west coast was interrupted on Thursday after activists from the Extinction Rebellion group breached the facility's safety zone, the company said.Equinor halted the loading of the TS Bergen Aframax vessel…

Equinor Tables Bid for Floating Wind Lease in Scotland

Jul 19, 2021

Norwegian energy firm Equinor on Monday confirmed it had filed a bid for floating offshore wind in ScotWind, the competitive tender offshore wind seabed leasing round being undertaken by Crown Estate Scotland. The deadline for applications ended Friday…

Contract Extension: Wood to Keep Supporting Equinor's Offshore Assets in Norway

Jun 16, 2021

Engineering firm Wood has secured an extension of its existing framework agreement with the Norwegian oil and gas giant Equinor. Wood will continue to support Equinor's offshore assets on the Norwegian Continental Shelf as part of the agreement…

Equinor Signs Deals with Startups

May 13, 2021

Equinor Ventures, oil firm Equinor's corporate venture arm dedicated to investing in ambitious early phase and growth companies, has signed a Letter of Intent (LOI) with f3nice, an Italian additive manufacturing company. F3nice’s technology…

Poland Awards CfD for Equinor's, Polenergia's 1440 MW Offshore Wind Projects

May 05, 2021

Norway's Equinor said Tuesday that Poland’s Energy Regulatory Office (ERO) announced Equinor and Polenergia’s Bałtyk II and Bałtyk III offshore wind projects in Poland were awarded contracts for difference (CfD) under the first phase of Poland’s offshore wind development scheme…

Equinor: Several Factors Behind Faulty Welds on Johan Castberg FPSO Hull

Apr 19, 2021

Norwegian oil and gas giant Equinor last year said that the delivery of an FPSO, being built for the Johan Castberg field development in the Barents Sea, would be delayed after the company discovered issues with the weld quality of the hull of the FPSO under construction in Singapore…

Equinor Urges Shareholders to Reject Activist's Emissions Targets Proposal

Apr 19, 2021

Equinor urged its shareholders on Monday to reject a proposal by an activist group to set intermediate targets for reducing emissions from the use of its energy products.The majority state-owned company has pledged to boost investment in renewables…

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