Norway's Equinor aims to settle the technical plans this year for developing the Wisting undersea oil discovery in the Arctic after significantly reducing its costs, a senior company executive told Reuters on Tuesday.Equinor and its partners put development of Wisting…
Norway has offered ownership interests in 57 new oil and gas production licenses to 19 companies in its latest annual awards in pre-defined areas (APA) licensing round.Of the 57 licenses, 31 are located in the North Sea, 21 in the Norwegian Sea and five in the Barents Sea…
A U.S. judge on Monday will consider a request from Danish energy company Orsted for an injunction against the Trump administration's decision to halt its $5 billion Revolution Wind project off the coast of Rhode Island.The company's lawsuit…
New York's Attorney General sued the Trump Administration on Friday for suspending the construction of two major offshore wind project that the state says it needs to power a million homes and reduce its reliance on fossil fuels.Letitia J. James…
Equinor has awarded framework agreements worth around $9.93 billion (NOK 100 billion) to seven supplier companies, laying the groundwork for maintenance and modification work at its offshore installations and onshore plants in Norway over the coming years…
Equinor does not plan a return to Venezuela, after leaving the country in the early part of this decade, the Norwegian oil and gas company's CEO told Reuters on Wednesday.'At the moment, that's not on the table,' Anders Opedal said on the sidelines of a business conference…
Aker Solutions has been awarded multiple five-year frame agreements for maintenance and modification services with Equinor in Norway.The contracts include options to extend for two additional periods of three and two years, respectively. The…
Oilfield services firm Archer has secured an integrated plug and abandonment (P&A) contract by Equinor covering 30 subsea wells, worth up to $140 million.The contract follows a frame agreement announced in March 2025, under which Archer was…
Artificial intelligence (AI) contributed savings and value creation of about $130 million for Equinor and its partners in 2025, as the Norwegian firm expanded the use of AI across offshore platforms and onshore facilities.The company uses artificial…
Energy and marine consultancy ABL has secured a contract by Equinor to provide marine warranty survey (MWS) services to the Northern Lights Phase 2 carbon capture and storage (CCS) project in Norway.The Northern Lights project is part of the…
Equinor has filed a civil suit in the U.S. District Court for the District of Columbia, challenging a U.S. Department of the Interior order to suspend work on its Empire Wind 1 offshore wind project.The company said it plans to seek a preliminary…
Equinor said it is complying with a stop-work order issued by the U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM), which ordered the suspension of offshore construction activities on the Empire Wind project citing national security concerns…
Estimates for progress and costs at Norway’s Snøhvit Future project have been revised, with the gas project delayed and projected costs rising by around $390 million (NOK 4 billion) compared with 2024.The Snøhvit Future project, which includes…
The Trump administration suspended leases on Monday for five large offshore wind projects that are under construction off the U.S. East Coast over what it called national security concerns, sending shares of offshore wind companies plunging…
Equinor and its partners have made a new oil and gas/condensate discovery near the Tyrihans field in the Norwegian Sea.The discovery, made via the exploration well 6407/1-B-2 H, lies in the Tyrihans Øst prospect, about 250 kilometers southwest of Brønnøysund…