(IN BRIEF) Equinor’s latest Barents Sea exploration well, Drivis Tubåen (7720/7-DD-1H), has uncovered 9–15 million barrels of oil within the Tubåen formation. Drilled as an offset from a production well by the Transocean Enabler, the discovery will be evaluated for … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Norway, Technology
Tagged 000 bpd plateau, 2028 start-up, 220, 7720/7-DD-1H, 9–15 million barrels, Barents Sea, Drivis Tubåen, Equinor, exploration wells, Goliat region, Grete Birgitte Haaland, Isflak, Johan Castberg field, partnership, Petoro, PL532, reserve expansion, sustainability, Transocean Enabler, Tubåen formation, Vår Energi
(IN BRIEF) After 18 months of collaboration with 20 leading energy companies, DNV has validated wind farm flow control (WFFC) technology using its LongSim CFD platform. The joint industry project generated the most comprehensive performance dataset to date and agreed … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Norway, Technology
Tagged Astrid Rusås Kristoffersen, bankability, benefit quantification, CFD simulation, Ditlev Engel, DNV, energy yield, Equinor, Iberdrola, JIP, Joint Industry Project, LongSim, partnership, Shell, sustainabiity, turbine integration, Vattenfall, webinar, WFFC, wind farm flow control, Ørsted
(IN BRIEF) DNV’s new KFX release enhances CFD simulations with specialized models for CO₂, ammonia, and hydrogen, enabling precise predictions of dry-ice formation, spray absorption, and explosion dynamics. Developed with Equinor, TotalEnergies, Vår Energi, and Horisont Energi, the update supports … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Norway, Security & Safety, Technology
Tagged ammonia, Carbon Capture Utilization and Storage, CCUS, CFD simulation, computational fluid dynamics, DNV, energy transition, Equinor, explosion modeling, EXSIM, fire simulation, gas dispersion, Horisont Energi, hydrogen, Kenneth Vareide, KFX, net-zero, partnership, quantitative risk assessment, sustainabiity, TotalEnergies, Trond Evanger, Vår Energi
(IN BRIEF) Equinor’s subsidiary BeGreen has commenced operations at the 65 MW Ingerslev Å solar plant in Jutland, Denmark—BeGreen’s inaugural project since its 2023 acquisition. Senior VP Anders Bade highlighted that this step supports Equinor’s aim to build a robust … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Norway, Technology
Tagged 1.2 GW portfolio, 100 000 solar panels, 2023 acquisition, 65 MW capacity, 68 GWh annual production, Anders Bade, BeGreen, Danske Commodities, DK1 power market, Equinor, Ingerslev Å, Jutland Denmark, onshore renewables, partnership, rapid project cycle, solar plant, sustainability, transformer stations
(IN BRIEF) Equinor’s Johan Castberg field reached its intended plateau production of 220,000 barrels per day on 17 June, just three months after its FPSO vessel began operations on 31 March. Seventeen wells are currently online and delivering as forecast. … Read the full press release
(IN BRIEF) Heidelberg Materials inaugurated Brevik CCS—the cement industry’s first industrial-scale carbon capture and storage plant—at a ceremony attended by Crown Prince Haakon, Energy Minister Terje Aasland, and Dr Dominik von Achten. The facility will capture 400,000 tonnes of CO₂ … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Norway, Technology
Tagged Brevik CCS, carbon storage, CCUS, cement industry, CO₂ capture, Dr Dominik von Achten, Equinor, evoZero, Giv Brantenberg, H.R.H. Crown Prince Haakon, Heidelberg Materials, Longship programme, net-zero concrete, northern lights, Norway, partnership, Shell, sustainability, sustainable construction, Terje Aasland, TotalEnergies, Øygarden
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
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