(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
Posted in Awards, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged Awards, energy security, Equinor, Helge Haugane, Kjetil Hove, leadership, sustainability, Troll field
(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
Posted in Business, Energy, Gas & Oil, Industrial, Investment, Norway
Tagged BP, capital investment, construction jobs, Empire Wind, Empire Wind 1, energy security, Equinor, financial close, financing, Jens Økland, Long Island, Molly Morris, New York, New York City grid, New York State Energy Research and Development Authority, offshore wind farm, PSA, renewable energy, SBMT, South Brooklyn Marine Terminal, tax credits, U.S. offshore wind, union jobs, USD 3 billion, wind energy, wind power
(IN BRIEF) Equinor UK and Shell UK are joining forces to create the largest independent energy producer in the UK North Sea, combining their offshore oil and gas portfolios into a new joint venture. The company, equally owned by both … Read the full press release
(IN BRIEF) Equinor ASA announced a total cash dividend of USD 0.70 per share for Q2 2024, comprising an ordinary and an extraordinary dividend of USD 0.35 each. Based on the average USD to NOK exchange rate of 11.0741, the … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Norway
Tagged Dividend Payments, Equinor, Financial, investment
(IN BRIEF) Four major energy companies—bp, Equinor, Shell, and TotalEnergies—have committed $500 million to address global energy access challenges, particularly in underserved regions like Sub-Saharan Africa, South Asia, and Southeast Asia. This collaborative effort aims to support UN Sustainable Development … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, United Kingdom
Tagged Anders Opedal, BP, Energy Access, Equinor, France, Norway, partnership, Patrick Pouyanné, Shell, South Asia, Southeast Asia, sub-Saharan Africa, sustainability, TotalEnergies, UK, UN Sustainable Development Goal 7 (UN SDG7), Underserved Regions, Wael Sawan
(IN BRIEF) Equinor has acquired an additional 11.8% stake in the Halten East Unit from Sval Energi, increasing its ownership to 69.5%. Halten East, an offshore project in the Norwegian Sea, holds around 100 million barrels of oil equivalent, mostly … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged acquisition, Equinor, Europe, gas exports, Grete Birgitte Haaland, Halten East Offshore Project, ownership, partnership, sustainability, Sval Energi
(IN BRIEF) Equinor provided updates on 13 key development projects in Norway, which together represent a total investment of 198 billion kroner. The projects, aimed at ensuring a secure energy supply to Europe, include the Johan Castberg and Oseberg gas … Read the full press release
(IN BRIEF) The Northern Lights CCS facility in Norway is now operational, becoming the world’s first cross-border CO2 transport and storage project. A joint venture between Equinor, Shell, and TotalEnergies, it is part of Norway’s Longship initiative and aims to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged Anders Opedal, carbon capture and storage (CCS), Equinor, Northern Lights Facility, Norway, partnership, Shell, sustainability, TotalEnergies
(IN BRIEF) Ørsted has entered into an agreement with Equinor to supply 330,000 tonnes of carbon dioxide removal (CDR) credits over ten years, as part of Ørsted’s Kalundborg CO2 Hub project. This project, starting in 2026, will capture 430,000 tonnes … Read the full press release
(IN BRIEF) Equinor has partially electrified its Troll B and C platforms, cutting annual CO2 emissions by 250,000 tonnes as part of the Troll West Electrification (TWEL) project. This move is in line with the company’s goal to halve emissions … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged CO2 emissions, Equinor, sustainabilty, Troll B and C Platforms
(IN BRIEF) Gasum has partnered with Equinor to supply liquefied biomethane (bio-LNG) to Equinor’s platform supply vessel, Island Crusader, in the Port of Dusavik, Stavanger. The initiative, which began in mid-July, involves regular deliveries of bio-LNG, a renewable fuel with … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Norway, Transportation & Logistics
Tagged Bio-LNG, Equinor, Gasum, Island Crusader, Norway, partnership, Supply Vessel, sustainability
(IN BRIEF) Valaris has secured a major drilling contract from Equinor, Repsol Sinopec Brasil, and Petrobras for the Raia project in Brazil. The project, located in the pre-salt region of the Campos basin, is expected to begin drilling operations in … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Norway
Tagged Bacalhau field, Baker Hughes, Brazil, Campos basin, drilling and well services, drilling contract, drillship, DS-17, Ensco do Brasil Petróleo e Gás LTDA, Ensco UK Drilling Limited, Equinor, Halliburton, local energy security, Mette H. Ottøy, mobilisation, natural gas, oil, one billion barrels of oil equivalent, Petrobras, pre-salt region, Raia project, Repsol Sinopec Brasil, SLB, ultra-deepwater drillship, Valaris, Veronica Coelho
(IN BRIEF) Equinor, along with partners Petoro, Vår Energi, and TotalEnergies EP Norge, has commenced production from the first well at the Lavrans field in the Kristin South area, marking the first phase of the Kristin South project. Approved in … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Norway
Tagged Aibel, Aker Solutions, Arne Reidar Mortensen, Åsgard C storage vessel, CO2 emissions, Development Plan, drilling activities, energy security, Equinor, European market, exploration and production, gas, Grete B. Haaland, Kevin Rex Nordlander, Kristin platform, Kristin SEMI, Kristin South area, Lavrans field, Lavrans well, Norwegian Continental Shelf, Norwegian Sea, Norwegian suppliers, oil, OneSubsea, PDO, Petoro, pipeline system, Q-segment, subsea template, TechnipFMC, TotalEnergies EP Norge, Transocean Spitsbergen, Trond Bokn, Vår Energi
(IN BRIEF) Equinor has commenced test production at its third solar plant in Poland, Lipno, marking a significant milestone in expanding its onshore renewables portfolio in the region to approximately 200 MW. This development underscores Equinor’s commitment to strengthening its … Read the full press release
(IN BRIEF) Equinor has announced the sale of 19.5% interests in production licenses PL 048E, home to the Eirin field, and PL 1201 to PGNiG Upstream Norway AS (PGNiG), effectively balancing ownership with the Gina Krog field. The approval of … Read the full press release
(IN BRIEF) Gasum and Equinor have entered into a long-term contract for Gasum to supply LNG to Equinor’s dual-fuel chartered fleet of vessels, building on their successful previous collaboration. Gasum’s bunker vessels Coralius, Kairos, and Coral Energy will facilitate bunkering … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Norway, Transportation & Logistics
Tagged Equinor, Gasum, LNG Supply, maritime transport, Norway, partnership, sustainability
(IN BRIEF) Equinor and Troll partners have committed to investing over NOK 12 billion to enhance the gas infrastructure in the Troll West gas province, aiming to accelerate production from the reservoir and sustain high gas export levels leading up … Read the full press release
(IN BRIEF) Equinor ASA announced an ordinary cash dividend of USD 0.35 per share and an extraordinary cash dividend of USD 0.35 per share for the fourth quarter of 2023. The NOK cash dividend per share is calculated based on … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Norway
Tagged Equinor, Financial, investment
(IN BRIEF) Equinor and Petoro have finalized a value-neutral asset swap agreement in the Haltenbanken area, aimed at optimizing ownership in key production hubs. Equinor will increase its stake in the Heidrun field and Noatun discovery while reducing ownership in … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged Equinor, Haltenbanken area, Kjetil Hove, partnership, Petoro, sustainability
(IN BRIEF) Equinor faced a devastating blow in the first quarter with the loss of a colleague in a helicopter crash, underscoring the paramount importance of safety measures across its operations. While investigations continue into the accident involving Bristow, Equinor … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, News, Norway, Security & Safety
Tagged Equinor, Jannicke Nilsson, Safety Priorities, Tragic Helicopter Accident
EuropaWire (EW) is the first truly pan-European and leading press release distribution and newswire service for Europe and the European Union working towards consolidating Europe’s voice on the global newswire and media scene. The newswire service comes with advanced submission forms, flexible pricing and PR budgeting, granular targeting, nearly uncapped reach across countries, markets, verticals, industries, audiences, languages, etc., translation and localisation for greater local PR impact, in-depth distribution reporting, metrics and insights including measured PR reach, reads, engagements, impact, etc., no cap on words, images and multimedia to go along with your release, among others. Your press releases will be seen among the releases of Europe’s biggest and most prominent companies, brands and institutions.
HOW TO GET STARTED?