Late last week, a large Equinor spending allotment passed under the radar of many a news stream: the Norwegian offshore operator was given a $230 million grant by largest shareholder, Oslo, to pursue wind projects, or at least one in particular…
Equinor will receive a 2.33 billion Norwegian crown ($260 million) subsidy for its planned construction of floating wind turbines to supply power to North Sea oil platforms, Norwegian state investment agency Enova said on Thursday.Equinor says…
Norway’s government will earn around NOK 265 billion ($30 billion) taxing and taking up stakes in its oil and gas fields in 2019, and Norwegian production is on the rise. In contrast, Britain in 2019 will earn about GBP 1.1 billion ($1.34 billion)…
In one month – from June 11 to July 13 – 14 templates delivered by Aker Solutions and TechnipFMC were installed by vessels Edda Freya and Normand Vision on behalf of Equinor at four fields on the Norwegian continental shelf. The templates are all built according to the same…
Equinor Energy AS, operator of production licence 502, has completed the drilling of wildcat well 16/5-7.Equinor’s objective was to investigate potential reservoir rocks in several levels: Upper Jurassic intra Draupne Fm sandstones, Upper Triassic Skagerrak Fm…
Subsea services firm DeepOcean said it has been awarded a contract from Norwegian energy company Equinor for marine operations for the installation of the Vigdis boosting station.The award to covers project management, engineering and offshore installation activities…
With more demonstrators in the water, more substantial players are taking interest in floating offshore wind.For some time, floating offshore wind has been something of a niche, but now full-scale demonstrators are in the works, and bigger players – including oil and gas companies – are taking note…
ExxonMobil is considering selling all of the stakes it holds in oil and gas fields off the Norwegian coast, a spokeswoman said.Two years ago the U.S. major – the world's largest oil company – sold its operated assets in the area. But it has retained stakes in more than 20 other fields…
Subsurface Imaging, part of CGG’s Geoscience division, has been awarded a contract by Equinor for the processing of seismic data from the Johan Sverdrup Permanent Reservoir Monitoring (PRM) system in the North Sea, CGG announced on Tuesday.Managed…
French cable firm Nexans has been picked to supply a power umbilical for Equinor's Vigdis subsea boosting station in the Norwegian North Sea.New all-electric actuated subsea boosting station, the industry's first all-electric boosting station…
Norway's offshore watchdog the Petroleum Safety Authority (PSA) said it has carried out an audit of Equinor and the fabrication of the subsea Christmas tree for the Snorre expansion project.The objective of the February audit was to ensure that…
Seabed deployed remotely operated underwater vehicles (ROV) are already here. Since early last year, IKM Subsea has been operating its Merlin UCV R-ROV (resident ROV) from a cage placed beneath Norwegian operator Equinor’s Snorre B production facility offshore Norway…
Dredging, environmental and marine engineering group DEME has signed an agreement with Norwegian energy company Equinor to study floating concrete substructures for the groundbreaking Hywind Tampen floating wind farm.The scope of the front-end…
DNV GL said on Monday it is working with Equinor to undertake a third-party verification study of the Norwegian Hywind Tampen floating wind farm, expected to be the world’s first offshore wind farm powering oil platforms.Situated in the North Sea approximately 200 kilometers west of Florø…
Norway's Equinor is on a mission to give new life to more than 20 aging assets on the Norwegian continental shelf (NCS).Over the course of the last three years, the oil company has received the authorities’ approval for extending the life of…
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