Equinor

(IN BRIEF) Equinor ASA’s nomination committee has proposed Dawn Summers as a new member of the board of directors, with her election taking effect from 1 September 2025. In addition, re-elections for Jon Erik Reinhardsen as chair, Anne Drinkwater as … Read the full press release →

(IN BRIEF) KfW IPEX-Bank has played a leading role in financing the Baltyk 2 and Baltyk 3 offshore wind farms in Poland, each with a 740 MW capacity. With a EUR 3 billion financing for each project, KfW IPEX-Bank, as … Read the full press release →

(IN BRIEF) Empire Offshore Wind LLC, a subsidiary of Equinor ASA, has resumed construction on the Empire Wind project after the Bureau of Ocean Energy Management lifted the stop work order. The project, which is more than 30 percent complete, … Read the full press release →

(IN BRIEF) ORLEN Upstream Norway, together with its license partners, has made a new oil discovery in the Skarv area of the Norwegian Sea, estimated at 3-7 million barrels. Another discovery was made during drilling, with resources estimated at 1-2 … Read the full press release →

(IN BRIEF) Equinor Brasil Energia Ltda., a subsidiary of Equinor ASA, has finalized an agreement with PRIO Tigris Ltda. for the sale of its 60% operated interest in the Peregrino field offshore Brazil. The total transaction value amounts to USD … Read the full press release →

(IN BRIEF) Equinor has reported its best safety performance to date at the close of Q1 2025, with a serious incident frequency of 0.28 per million hours worked and a year-long TRIF of 2.2. No major accidents or serious well … Read the full press release →

(IN BRIEF) Equinor has established a new Power business area by integrating its renewable energy assets with flexible power solutions from its MMP division. This strategic initiative is aimed at addressing the growing global demand for electricity fueled by increased … Read the full press release →

(IN BRIEF) The European Investment Bank has granted a €260 million loan to Stockholm Exergi to construct Sweden’s first large-scale BECCS facility at Värtaverket, expected to be operational by 2028. The project, Beccs Stockholm, will capture up to 800,000 tonnes … Read the full press release →

(IN BRIEF) The 2024 report on Equinor’s deliveries in Norway shows significant growth, with procurement reaching NOK 142.6 billion—up from NOK 134 billion in 2023. An impressive 93% of these deliveries were sourced from Norwegian suppliers across 260 municipalities, creating … Read the full press release →

(IN BRIEF) DNV has launched DNV-RP-0670, an asset information modelling framework designed to modernize asset information management in the energy sector. The framework establishes a common digital language that streamlines information flow among organizations and IT systems, replacing outdated document-driven … Read the full press release →

(IN BRIEF) TotalEnergies, Equinor, and Shell have confirmed phase two of the Northern Lights project, which will increase its CO₂ transport and storage capacity from 1.5 million to over 5 million tons per year by 2028. The project, which is … Read the full press release →

(IN BRIEF) Equinor has announced that natural gas from its Halten East field will be exported to Europe, a move that significantly strengthens the region’s energy security. The press release details how years of investment and technological advancements have enabled … Read the full press release →

(IN BRIEF) Equinor, in partnership with Okea and Pandion Energy, has confirmed a commercial gas and condensate discovery in the Mistral Sør exploration well located in the Halten area of the southern Norwegian Sea. Preliminary assessments estimate recoverable oil equivalent … Read the full press release →

(IN BRIEF) Equinor ASA has declared a total dividend of USD 0.70 per share for the third quarter of 2024, consisting of an ordinary and an extraordinary cash dividend of USD 0.35 each. The corresponding NOK value is NOK 7.8274 … Read the full press release →

(IN BRIEF) Equinor ASA has initiated a share buy-back programme, set to run from 14 February 2025 to 15 January 2026, to meet obligations for its share-based incentive plans for employees and management. The programme allows the purchase of up … Read the full press release →

(IN BRIEF) Equinor reported strong financial results for Q4 2024, with adjusted operating income of USD 7.90 billion and net income of USD 2.00 billion. The company proposed a fourth-quarter dividend of USD 0.37 per share and announced a share … Read the full press release →

(IN BRIEF) Equinor has announced the start of the first tranche of its 2025 share buy-back programme, set to repurchase up to USD 396 million worth of shares from the market, part of a broader programme valued at USD 5 … Read the full press release →

(IN BRIEF) Equinor has awarded Tromsø-based Lufttransport RW AS the contract to operate five new Leonardo AW189 helicopters on the Norwegian Continental Shelf (NCS), enhancing its fleet for offshore transportation services. These helicopters, arriving in 2025 and 2026, will replace … Read the full press release →

(IN BRIEF) The Troll field in the North Sea reached a historic production milestone in 2024, producing 42.5 billion standard cubic meters of natural gas, a nearly 10% increase from the previous record in 2022. This growth is attributed to … Read the full press release →

(IN BRIEF) Equinor has secured over USD 3 billion in financing for its Empire Wind 1 offshore wind project in the U.S., with financial close reached in December 2024. The project, which will power 500,000 homes in New York by … Read the full press release →