Equinor

Equinor’s Hammerfest LNG Shuttered for One Year After September Fire

Equinor’s Hammerfest LNG Shuttered for One Year After September Fire

Inspections have shown that a fire last month at Equinor ASA’s Hammerfest liquefied natural gas (LNG) terminal in northern Norway will require at least a year’s worth of work to repair, the company said Monday.  The fire broke out in the air intake of one of the plant’s five power turbines, which caused extensive damage,…

October 26, 2020
Equinor’s Strong Oil, Gas Trading Performance Lifts 2Q

Equinor’s Strong Oil, Gas Trading Performance Lifts 2Q

  A solid oil and gas trading performance, lifted by a tax change to assist the Norwegian oil industry through the Covid-19 crisis, lifted Equinor ASA during the second quarter, possibly setting it apart from its peers as earnings are unveiled in the coming days. With their outlooks for oil and gas prices sharply lower,…

July 27, 2020
Equinor Dominates in Renewable Investments While Other Oil Majors Face Capex Cuts

Equinor Dominates in Renewable Investments While Other Oil Majors Face Capex Cuts

Over the next five years, the world’s oil majors are expected to invest up to $17.5 billion into solar and wind energy projects, a Rystad Energy analysis projected.

June 1, 2020
Equinor Strikes Oil in GOM, Proving Mature Region ‘Still Has Life’

Equinor Strikes Oil in GOM, Proving Mature Region ‘Still Has Life’

A consortium led by Norway’s Equinor ASA has struck oil in the central U.S. Gulf of Mexico (GOM), the 67% state-owned supermajor said Monday.

April 8, 2020
Equinor Strikes Oil in GOM, Proving Mature Region ‘Still Has Life’

Equinor Strikes Oil in GOM, Proving Mature Region ‘Still Has Life’

A consortium led by Norway’s Equinor ASA has struck oil in the central U.S. Gulf of Mexico (GOM), the 67% state-owned supermajor said Monday.

April 8, 2020
Equinor Halts U.S. Onshore Activity, Joining Oxy, Eni, Aramco in Pullback as Coronavirus Consumes Energy Demand

Equinor Halts U.S. Onshore Activity, Joining Oxy, Eni, Aramco in Pullback as Coronavirus Consumes Energy Demand

Equinor ASA’s Lower 48 operations, mostly centered in the Marcellus and Bakken shales, have been suspended, as it attempts to stem the bleeding across the energy sector from the global pandemic and stinging oil price war.

March 25, 2020
Equinor, Shell Snap Up Schlumberger Acreage in Argentina’s Vaca Muerta

Equinor, Shell Snap Up Schlumberger Acreage in Argentina’s Vaca Muerta

Norway’s Equinor SA and Royal Dutch Shell plc have have jointly purchased a 49% interest held by Schlumberger Ltd. in the Bandurria Sur onshore block in Argentina’s Neuquén province.

February 3, 2020
Equinor, Shell Snap Up Schlumberger Acreage in Argentina’s Vaca Muerta

Equinor, Shell Snap Up Schlumberger Acreage in Argentina’s Vaca Muerta

Norway’s Equinor SA and Royal Dutch Shell plc have have jointly purchased a 49% interest held by Schlumberger Ltd. in the Bandurria Sur onshore block in Argentina’s Neuquén province.

February 3, 2020
Equinor, Shell Snap Up Schlumberger Acreage in Argentina’s Vaca Muerta

Equinor, Shell Snap Up Schlumberger Acreage in Argentina’s Vaca Muerta

Norway’s Equinor SA and Royal Dutch Shell plc have have jointly purchased a 49% interest held by Schlumberger Ltd. in the Bandurria Sur onshore block in Argentina’s Neuquén province.

February 3, 2020
Equinor, BHP Billiton Grab Grand Banks Offshore Acreage in Canadian Lease Sale

Equinor, BHP Billiton Grab Grand Banks Offshore Acreage in Canadian Lease Sale

After launching the planning for the fifth Canadian offshore oil production platform on the Grand Banks of Newfoundland, Norway’s Equinor set out Wednesday on a hunt for more discoveries.

November 12, 2018