Equinor ASA Company News
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Brazil FPSO Contract Goes to Aibel
Thursday, February 06, 2020 Service company Aibel reported that it has won a FEED contract for an FPSO that MODEC will construct for Equinor.
Equinor Extends North Sea Statfjord Ops
Friday, January 10, 2020 The decommissioning of the Statfjord A platform in the North Sea, shown above, has been postponed. PHOTO SOURCE: Equinor
North Sea Oil Players Share Recruitment Outlook
Thursday, January 02, 2020 Rigzone speaks to several North Sea players about their recruitment plans for 2020.
Equinor Signs Global Deal with ABB
Tuesday, December 17, 2019 Equinor’s new Aasta Hansteen platform. Photo by Roar Lindefjeld and Bob B. Randulff. Photo copyright Equinor.
New Subsea Era Could Begin with Power Tech
Tuesday, December 03, 2019 This rendering shows the layout of a subsea substation. IMAGE SOURCE: ABB
Top Upstream Companies in Predictive Maintenance
Tuesday, November 26, 2019 GlobalData has identified the 'leading' upstream companies that are adopting predictive maintenance technologies in the oil and gas industry.
Equinor Moving Away From Frontier Exploration in Norway's Arctic
Tuesday, November 26, 2019 That means drilling near existing discoveries such as Johan Castberg and Wisting rather than riskier but potentially more rewarding targets.
Equinor Inks $325MM Deal to Sell Eagle Ford Assets to Repsol
Friday, November 08, 2019 Equinor has signed an agreement to divest its position in the Eagle Ford to Repsol for $325 million.
Oil Industry Balancing Growth, Carbon Footprint Cuts
Tuesday, November 05, 2019 Here are a few popular industry strategies for cutting carbon footprints.
Equinor Awards DNV Contract for Offshore Canada Field
Monday, October 28, 2019 Pictured is a rendering of the Bay du Nord FPSO, which would operate in the Flemish Pass Basin offshore Newfoundland and Labrador, Canada. IMAGE SOURCE: DNV GL
Offshore Robot Initiative Wins Pledges from Operators
Monday, October 21, 2019 Offshore robot prototypes undergo testing. PHOTO SOURCE: OGTC
Deepwater Transformation Sparking New Interest
Thursday, October 17, 2019 Changes have revived interest in deepwater projects and enabled new ones in regions including the North Sea, the Gulf of Mexico and China Seas.
Equinor Okays Record-Large Floating Wind Farm in Norway
Friday, October 11, 2019 Equinor ASA made a final decision to invest in floating wind turbines to power offshore oil platforms off Norway after the government agreed to subsidize a large part of the cost.
Offshore Australia Permit Goes to Equinor
Thursday, October 10, 2019 Equinor has won a new exploration permit in the Northern Carnarvon Basin offshore Western Australia.
What Net Zero Means for UK Oil and Gas
Wednesday, October 02, 2019 The push toward Net Zero will have major ramifications for the UK oil and gas sector.
Saipem Makes Subsea Robotics Deal with Equinor
Wednesday, October 02, 2019 Saipem's Hydrone-R, above, is set to make history. PHOTO SOURCE: Saipem
Big Oil Faces Turning Point Over Drilling Plans Offshore Australia
Thursday, September 26, 2019 Australia's offshore petroleum regulator is due to decide by Nov. 14 whether to approve Norwegian energy giant Equinor ASA's plan to drill exploration wells in the Great Australian Bight.
Bahamas Terminal Returns to Full Ops
Friday, September 20, 2019 Buckeye Partners reported that it has resumed full operations at its Buckeye Bahamas Hub.
Equinor Works to Clean Up Oil Spill at Bahamas Terminal
Tuesday, September 10, 2019 This satellite image from Equinor's website shows the impact of Hurricane Dorian on the South Riding Point oil terminal at Grand Bahama Island. The red outline indicates the plume area of the oil spill. (Pleiades CNES, Distribution Airbus DS)
Dorian Damages Equinor's Oil Storage Terminal
Thursday, September 05, 2019 Equinor ASA's South Riding Point oil storage terminal was damaged as Hurricane Dorian wreaked havoc in the Bahamas.
US East Coast Braces for Hurricane Dorian Chaos
Tuesday, September 03, 2019 The U.S. East Coast from Florida to the Carolinas was bracing for devastating winds and a life-threatening storm surge from Hurricane Dorian as the Category 3 storm wreaks havoc on the Bahamas.
$80MM Equinor Deal Goes to Weatherford
Friday, August 30, 2019 Weatherford has signed an $80 million frame agreement with Equinor.
BHP Delivers Largest Bid in US Gulf of Mexico Lease Sale
Wednesday, August 21, 2019 Lease Sale 253 generated almost $159.4 million in high bids for 151 tracts in the U.S. Gulf of Mexico.
$7.7B UKCS Project Achieves First Oil
Thursday, August 15, 2019 The Mariner field in the U.K. North Sea. PHOTO: Jamie Baikie and Michal Wachucik, Equinor ASA.
Pacific Drilling Rig Lands US Gulf Work
Tuesday, August 13, 2019 Pacific Drilling on Tuesday released its updated fleet status report, which includes a bit of work in the U.S. Gulf of Mexico. PHOTO SOURCE: Pacific Drilling
Oil, Gas Industry is Embracing its 'Big Data Tsunami'
Monday, July 22, 2019 The industry's nervousness about storing data off-site is disappearing as machine learning and volumes of big data make cloud computing an inevitable reality.
Aramco Pumping Oil at Fraction of Rivals' Costs
Monday, April 01, 2019 The government-owned producer is extracting crude for less than half the costs of its nearest rival.
Gulf of Mexico Lease Sale 252 Saw $244.3MM in High Bids
Thursday, March 21, 2019 Thirty companies participated and submitted almost $284 million in all bids for acreage in the federal waters of the Gulf of Mexico.
Equinor Subsea Contract Goes to TechnipFMC
Wednesday, March 20, 2019 The Johan Sverdrup ULQ platform topsides. IMAGE SOURCE: KBR
Equinor May be Mulling Eagle Ford Sale
Monday, March 18, 2019 Norway's biggest oil company has held talks with potential suitors for its stake in the Eagle Ford business.
Maduro Gets Oil Lifeline From Russia
Tuesday, March 05, 2019 As PDVSA was running out of an obscure product needed to keep exports flowing in the wake of U.S. sanctions, Russia is coming to the rescue.
Transocean Makes Automation Deal with Equinor
Monday, February 18, 2019 One harsh-environment semi-submersible was fitted with the ADC system two years ago.
Big Oil Reuses Platforms in Latest Cost-Cutting Trick
Thursday, November 15, 2018 Oil companies have pushed through draconian cost cuts during the recent industry slump, but they're not quite done yet.
Tight Oil, Shale to Drive Majors' Output to New Highs
Tuesday, October 16, 2018 By the middle of the next decade, US unconventionals will generate up to $20 billion of annual cash flow for the Lower 48.
Shell, Equinor Commit to Tanzania LNG as They Await Host Accord
Tuesday, October 16, 2018 Shell and Equinor say they're committed to a project that will allow the export of natural gas from Tanzania.
Norwegian Sea Gift Keeps on Giving
Friday, October 05, 2018 In production since 1997, the Equinor-operated Norne oil field in the Norwegian Sea just got a major boost in its recoverable reserves estimate.
Norway's Equinor To Start Drilling Brazil's Carcara Field In 2018
Wednesday, September 05, 2018 Equinor says it will begin drilling in Brazil's North Carcara oil field in 2018.
In Brazil, Equinor Aims To Repeat Norway's Oil Boom
Wednesday, August 29, 2018 Norway's Equinor will invest up to $15B in Brazil over the next 12 years to develop oil, gas and renewable energy sources, the company said.
Equinor Explores Floating Wind Turbines To Power N. Sea Oilfields
Tuesday, August 28, 2018 Equinor is considering whether to build a pioneering offshore wind farm with floating turbines to supply electricity to 2 North Sea oilfields.
Equinor, Partners to Develop Next Phase of Johan Sverdrup
Monday, August 27, 2018 Equinor and partners submit the development plan for the second phase of the Johan Sverdrup project.
Sverdrup Was Norway's Lifeline during Oil Crash
Thursday, August 23, 2018 While Norway's oil-service companies had to slash their fees, Sverdrup's timing also proved a godsend for them.
Equinor Taps Jacobs for Gas-to-Hydrogen Conversion Study
Wednesday, July 11, 2018 Jacobs to study converting gas-fired plant unit to run on hydrogen.
Norway Awards Oil Permits To 11 Firms In Arctic Licensing Round
Monday, June 18, 2018 Oslo believes the Arctic has the greatest potential for significant new discoveries.
Equinor Hands $3.7B Deals To Schlumberger, Halliburton, Baker Hughes
Monday, June 18, 2018 Equinor has awarded drilling and well service contracts worth 30 billion Norwegian crowns ($3.68 billion).
Equinor: Transition to More Sustainable Energy System 'Too Slow'
Monday, June 11, 2018 Equinor says the transition to a more sustainable energy system isn't happening quickly enough.
Statoil Targets Deeper Emission Cuts To Avoid Stranded Assets
Friday, May 04, 2018 Statoil said it aims to cut its carbon footprint more aggressively as measures to reduce global warming could reduce the value of its assets, leaving some of its reserves stranded underground.
BP Names Former Statoil Boss Lund As Next Chairman
Thursday, April 26, 2018 BP names Helge Lund, a former head of Norway's Statoil, as its next chairman.
Statoil Shows a Return to Better Times Is Within Big Oil's Grasp
Wednesday, April 25, 2018 Statoil shows that a return to profit levels from the era of $100 a barrel is within the grasp of the world's oil giants.
Shell to Deploy New Design in Mississippi Canyon
Tuesday, April 24, 2018 Shell, Statoil to proceed with eight-well subsea project southeast of New Orleans.
BLOG: Will We See More Andeavors and Equinors?
Thursday, April 12, 2018 A company re-branding is much more than a new name and logo.