Eurasia Journal News

Wintershall Dea Completes Reserve Assessment For Adriana Gas Condensate Field

Wintershall Dea and its partners Petoro, Aker BP and PGNIG have completed well 6507/4-4 S in the Adriana gas condensate field (GCF) in the Norwegian Sea. The Wintershall Dea press service reported this on February 29, 2024. The Adriana field was discovered in 2021 with exploration well 6507/4-2 S as …

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Eurasia Journal News

Dry Again. Equinor Did Not Find Hydrocarbons In Another Well In The North Sea

Equinor drilled an exploration well in the Norwegian sector of the North Sea, which turned out to be dry. This was reported by the Norwegian Offshore Directorate (NOD). Exploration well 35/11-28 S (Harden sør): was drilled 9 km west of the Fram field to a depth of 3270 m below …

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Eurasia Journal News

Aker BP And Equinor’s North Sea Exploration Drilling Results Were Unsatisfactory

Norwegian oil and gas companies Aker BP and Equinor have explored new oil reserves near the Munin field in the North Sea. This was reported by the press service of the Norwegian Offshore Directorate (NOD). Exploration drilling at block 30/12 The Norwegian Ocean Industry Authority (NOIA), formerly known as the …

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Eurasia Journal News

Equinor Will Increase Its Stake in a Gas Field in The Norwegian Sea

Equinor will increase its stake in the Linnorm gas field in the Norwegian Sea, the transaction is expected to be closed in the first quarter of 2024, according to a company press release. “Equinor will acquire a 30% stake in PL 255, which owns the Linnorm field, subject to the …

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Eurasia Journal News

Norway’s Equinor and Okea Argue Over Reserves and Costs at Statfjord Field

Norway’s Equinor and compatriot Okea are at loggerheads over a deal for a major stake in the Statfjord project after Okea revealed the field had fewer reserves and higher costs than first thought. In March, Okea agreed to acquire a 28% stake in block PL 037 (Statfjord area) from Equinor …

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Eurasia Journal News

Equinor Sells its Nigerian Business to Chappal Energies

Norwegian state-owned energy company Equinor is selling its Nigerian business to energy company Chappal Energies, Equinor said in a press release. “Equinor and Chappal Energies have entered into an agreement to sell to Equinor Nigeria Energy Company (ENEC), which owns a 53.85% stake in the OML 128 oil and gas …

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Eurasia Journal News

Equinor Presented a Development Plan for the Raia Manta and Raia Pintada Fields Offshore Brazil

The Norwegian state-owned energy company Equinor Energy AS has submitted a commercialization declaration and development plans for two fields within the BM-C-33 block to the Brazilian National Petroleum Agency (ANP). The company’s press service reports this. Raia Manta and Raia Pintada deposits names of deposits and plans for their development …

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Eurasia Journal News

Equinox Has Presented a Plan for the Development of the Eirin Gas Field in the Amount of NOK 4 Billion

Norway’s largest oil and gas company Equinor today announced that it has submitted to the Norwegian Ministry of Petroleum and Energy a plan for the development and operation of the Eirin gas field in the North Sea, worth NOK 4 billion ($374 million). The Eirin field, discovered in 1978 and …

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Eurasia Journal News

Equinor Starts Production Ahead of Schedule at Statfjord Ost

Norwegian energy company Equinor has started production at its Statfjord Ost field in the North Sea six months ahead of schedule after drilling new wells, expecting a cumulative production increase of 26 million barrels of oil equivalent, according to a company press release. “Two new wells have been drilled … …

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Eurasia Journal News

Equinor is Exploring the Possibility of Selling Assets in Azerbaijan for $1 Billion

The Norwegian company Equinor ASA is studying the possibility of selling its activities in Azerbaijan, including a stake in the largest oil project Azeri-Chirag-Guneshli, Bloomberg reports citing informed sources. “Norwegian energy company is working with Jefferies Financial Group Inc. to assess buyer interest in assets, including a 7.27% stake in …

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