Tag Archives: Equinor

KfW IPEX-Bank Supports Major Polish Offshore Wind Farms with EUR 3 Billion Financing

Posted on 23, May 2025 by EuropaWire PR Editor

(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 →

Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, Marketing, News, Poland, Technology

Tagged Baltyk 2, Baltyk 3, Coal Phase-Out, energy transition, Equinor, Euler Hermes, European export industry, export credit agencies, financing, greenhouse gas emissions, KfW IPEX-Bank, Offshore wind, offshore wind market, partnership, Poland, Polenergia, renewable energy, Siemens SG 14-236 DD, sustainability, Velibor Marjanovic

Equinor’s Empire Wind Project Moves Forward, Construction Resumes Following BOEM Approval

Posted on 21, May 2025 by EuropaWire PR Editor

(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 →

Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology

Tagged Anders Opedal, Bureau of Ocean Energy Management, Empire Offshore Wind, Empire Wind, energy infrastructure, Equinor, job creation, Molly Morris, New York, offshore installation, Offshore wind, partnership, renewable energy, stop work order, sustainability, U.S. energy projects

Equinor Achieves Record-Low Incident Rate as Safety Culture Strengthens

Posted on 25, April 2025 by EuropaWire PR Editor

(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 →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Security & Safety, Technology

Tagged Always Safe program, corporate safety strategy, energy sector, Equinor, hydrocarbon leaks, Jannicke Nilsson, offshore safety, oil and gas safety, onshore safety, Q1 2025, risk prevention, safety culture, serious incident frequency, sustainability, TRIF, workplace safety

Equinor Unveils New Power Business Area and Appoints Helge Haugane as EVP to Propel Sustainable Growth and Reliability in Global Energy Markets

Posted on 10, April 2025 by EuropaWire PR Editor

(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 →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology

Tagged Anders Opedal, appointment, artificial intelligence, competitive, data centers, electrification, energy storage, energy transition, Equinor, Executive Vice President, flexible power, gas to power, global demand, Helge Haugane, INNOVATION, leadership, low-carbon energy, Marketing Midstream and Processing, MMP, Net Zero Teesside, Offshore wind, onshore wind, Poland, Power business area, PWR, renewables, Solar, Strategic Realignment, sustainability, sustainable growth, Triton Power, UK, US, value creation

EIB Funds Beccs Stockholm, Pioneering Negative Emissions Technology to Outpace Stockholm Traffic Emissions

Posted on 5, April 2025 by EuropaWire PR Editor

(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 →

Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Sweden, Technology

Tagged 000 tonnes CO₂, 800, Anders Egelrud, BECCS, Beccs Stockholm, carbon capture and storage, CCS, climate goals, EIB, Equinor, European Investment Bank, Microsoft, negative emissions, net zero, Nordic industry, Northern Lights project, partnership, Shell, Stockholm Exergi, Stockholm road traffic emissions, Thomas Östros, TotalEnergies, urban air quality, Värtaverket

Equinor Boosts Norwegian Deliveries and Employment, Paving the Way for Ambitious 2035 Targets

Posted on 4, April 2025 by EuropaWire PR Editor

(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 →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology

Tagged 000 full-time equivalents, 2035 targets, 260 municipalities, 85, development projects, development wells, electrification projects, Employment, Equinor, exploration, exploration wells, Hywind Tampen, Johan Castberg, Kjetil Hove, Kunnskapsparken Bodø, NOK 142.6 billion, northern lights, Norwegian Continental Shelf, Norwegian deliveries, Norwegian suppliers, onshore facilities, renewable energy, subsea developments

DNV Launches Groundbreaking Digital Framework to Transform Energy Asset Management

Posted on 28, March 2025 by EuropaWire PR Editors

(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 →

Posted in Business, Energy, Gas & Oil, Industrial, News, Norway, Technology

Tagged Aibel, Aker BP, Aker Solutions, artificial intelligence, asset information modelling, automation, compliance verification, cost savings, data-driven, digital language, DNV, DNV-RP-0670, energy sector, Equinor, Helge Ferdinand Schjøtt, information silos, interoperability, Lillian Hella, Lucy Craig, Norwegian Continental Shelf, Operational Efficiency, POSC Caesar Association, SIRIUS Centre, standardization

TotalEnergies, Equinor and Shell Drive Phase Two of Northern Lights: More than €660M Investment to Boost CO₂ Storage Beyond 5 Mt/Year

Posted on 27, March 2025 by EuropaWire PR Editors

(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 →

Posted in Business, Energy, Gas & Oil, Environment, France, Industrial, Investment, Norway

Tagged Brevik, carbon capture, CCS, climate targets, CO₂ storage, Equinor, Europe, final investment decision, Heidelberg Materials, industrial emissions, Nicolas Terraz, NOK 7.5 billion, northern lights, phase two, Shell, Stockholm Exergi, Tim Heijn, TotalEnergies, underground storage, Øygarden

Equinor Strengthens European Energy Security with New Halten East Gas Exports

Posted on 17, March 2025 by EuropaWire PR Editor

(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 →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology

Tagged digital innovation, economic recovery, energy security, energy transition, environmental stewardship, Equinor, Europe, Halten East, natural gas, offshore production, Operational Excellence, partnership, sustainability, sustainable energy

Equinor, Okea and Pandion Confirm Promising Gas Discovery in Mistral Sør, Bolstering European Energy Security

Posted on 5, March 2025 by EuropaWire PR Editor

(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 →

Posted in Business, Energy, Gas & Oil, Environment, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology

Tagged 15/8-G-4 Utgard, 4024 metres depth, commercial discovery, condensate, Data Acquisition, Deepsea Atlantic, Deepsea Atlantic rig, Equinor, European energy security, existing infrastructure, Garn Formation, gas, Grete B. Haaland, Halten area, hydrocarbon column, Ile Formation, Kristin Sør, Lavrans field, Linnorm, Middle Jurassic sandstone, Mistral Sør, Norwegian Continental Shelf, Norwegian Sea, OKEA, Pandion Energy, partnership, production licence 1119, recoverable oil equivalent, reservoir properties, sampling, sustainability, tie-back

Equinor Reports Strong Q4 Results and Announces Up to USD 5 Billion Share Buy-Back for 2025

Posted on 5, February 2025 by EuropaWire PR Editor

(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 →

Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Norway

Tagged 2024, adjusted operating income, Anders Opedal, capital distribution, capital expenditure, carbon capture, carbon intensity, CO2 storage, dividend, Earnings per share, Equinor, fourth-quarter results, Free cash flow, Johan Sverdrup, low carbon solutions, Net income, net-zero ambition, Norwegian Continental Shelf, oil and gas production, oil and gas production growth, operational performance, production growth, renewable energy, return on average capital employed, share buy-back, shareholder returns, Troll field

Equinor Launches First Tranche of USD 1.2 Billion Share Buy-Back Programme for 2025

Posted on 5, February 2025 by EuropaWire PR Editor

(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 →

Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Norway

Tagged 2025, 67% ownership, AGM, Capital reduction, Equinor, EU Commission Regulation No 2016/1052, EU Market Abuse Regulation, financial position, market repurchases, Norwegian Securities Trading Act, Norwegian State, Oslo Stock Exchange, price range, safe harbour provisions, share buy-back programme, share repurchase, shares redemption, third-party entity, USD 1.2 billion, volume-weighted average price

Equinor Expands Offshore Fleet with New Leonardo AW189 Helicopters to Strengthen NCS Operations

Posted on 31, January 2025 by EuropaWire PR Editor

(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 →

Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology, Transportation & Logistics

Tagged AW189 helicopters, Bell 525, Bristow, CHC, decarbonization, environmental considerations, Equinor, Florø, helicopter fleet, helicopter leasing, helicopter safety features, Leonardo AW189, Lufttransport, Lufttransport RW AS, Milestone Aviation Group, NCS, NCS shuttle services, Norwegian Continental Shelf, offshore operations, offshore personnel transport, partnership, safety, Sola, sustainability, trade unions

Equinor’s Troll Field Sets New Production Record in 2024, Strengthening Europe’s Energy Security

Posted on 6, January 2025 by EuropaWire PR Editor

(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

Equinor Secures Over USD 3 Billion Financing for Empire Wind 1 Project in U.S.

Posted on 3, January 2025 by EuropaWire PR Editors

(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

Equinor and Shell Unite to Secure UK Energy Future with Largest Independent North Sea Producer

Posted on 5, December 2024 by EuropaWire PR Editor

(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 →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology, United Kingdom

Tagged Equinor, North Sea, Norway, partnership, Philippe Mathieu, Shell, sustainability, UK Energy, Zoe Yujnovich

Equinor Confirms Dividend Payments for Q2 2024

Posted on 25, November 2024 by EuropaWire PR Editor

(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

Global Energy Giants Commit $500 Million to Advance Universal Energy Access for Underserved Regions

Posted on 16, November 2024 by EuropaWire PR Editor

(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

Equinor Boosts Ownership in Halten East Offshore Project to Enhance Gas Exports to Europe

Posted on 7, November 2024 by EuropaWire PR Editor

(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

Equinor Reports Progress on Key Norwegian Energy Projects Despite Rising Costs and Delays

Posted on 7, October 2024 by EuropaWire PR Editor

(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 →

Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway

Tagged Costs and Delays, energy projects, Equinor, Johan Castberg, Norway, Oseberg gas, sustainability

Tag Archives: Equinor

KfW IPEX-Bank Supports Major Polish Offshore Wind Farms with EUR 3 Billion Financing

Equinor’s Empire Wind Project Moves Forward, Construction Resumes Following BOEM Approval

Equinor Achieves Record-Low Incident Rate as Safety Culture Strengthens

Equinor Unveils New Power Business Area and Appoints Helge Haugane as EVP to Propel Sustainable Growth and Reliability in Global Energy Markets

EIB Funds Beccs Stockholm, Pioneering Negative Emissions Technology to Outpace Stockholm Traffic Emissions

Equinor Boosts Norwegian Deliveries and Employment, Paving the Way for Ambitious 2035 Targets

DNV Launches Groundbreaking Digital Framework to Transform Energy Asset Management

TotalEnergies, Equinor and Shell Drive Phase Two of Northern Lights: More than €660M Investment to Boost CO₂ Storage Beyond 5 Mt/Year

Equinor Strengthens European Energy Security with New Halten East Gas Exports

Equinor, Okea and Pandion Confirm Promising Gas Discovery in Mistral Sør, Bolstering European Energy Security

Equinor Expands Offshore Fleet with New Leonardo AW189 Helicopters to Strengthen NCS Operations

Equinor’s Troll Field Sets New Production Record in 2024, Strengthening Europe’s Energy Security

Equinor Secures Over USD 3 Billion Financing for Empire Wind 1 Project in U.S.

Equinor and Shell Unite to Secure UK Energy Future with Largest Independent North Sea Producer

Equinor Confirms Dividend Payments for Q2 2024

Global Energy Giants Commit $500 Million to Advance Universal Energy Access for Underserved Regions

Equinor Boosts Ownership in Halten East Offshore Project to Enhance Gas Exports to Europe

Equinor Reports Progress on Key Norwegian Energy Projects Despite Rising Costs and Delays

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