Service Companies & Manufactures

Recovering from Covid-19 Towards an Uncertain Future

Long-term development in the world’s energy markets and how politics, technologies, companies, and consumers can make them move where we want, continue to catch headlines. Energy Perspectives is an independent report describing three possible paths for the world economy, international energy markets and energy-related greenhouse gas emissions. It illustrates how …

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Service Companies & Manufactures

Equinor Completes Sale of its US Onshore Assets in the Bakken

Equinor and Grayson Mill Energy have completed their transaction that was previously announced in February 2021. As a result, Equinor has divested all its operated and non-operated acreage in the Bakken field in the US states of North Dakota and Montana to Grayson Mill Energy, along with associated midstream assets, …

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Service Companies & Manufactures

Schlumberger Will Collaborate With Equinor for DELFI Environment Deployment, Fully Integrated With the OSDU Data Platform

Schlumberger and Equinor announced today a strategic project, in collaboration with Microsoft, to deploy the DELFI* cognitive E&P environment, with seamless integration to the OSDU Data Platform—the industry’s new data standard. This project aims to accelerate Equinor’s ability to integrate data at scale and improve decision making. “We are pleased …

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Service Companies & Manufactures

Equinor Annual and Sustainability Reports for 2020

“2020 was an extraordinary year with the pandemic causing human suffering and market turmoil. I am impressed by our employees’ hard work during this year, to keep people safe and operations running. We delivered solid operational performance during this demanding year, but our results were heavily impacted by the low …

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Oil & Gas Operators

ENGIE And Equinor: Join Forces In The Development Of Low-Carbon Hydrogen

ENGIE and Equinor announce their partnership to develop joint low-carbon hydrogen activities. The partners will investigate the production and market potential for hydrogen from natural gas whereby the CO2 will be captured and stored permanently offshore. ENGIE and Equinor signed a memorandum of understanding to investigate the development low-carbon hydrogen value …

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Oil & Gas Operators

Rosneft Sells Equinor 49% Share in KrasGeoNats for $550 million

PJSC NK Rosneft and Equinor have closed the deal, as a result of which the Norwegian company acquires 49% of LLC KrasGeoNats. KrasGeoNats holds twelve exploration and production licenses for areas with traditional reserves located onshore in Eastern Siberia. Among them: Danilovsky (including the Severo-Danilovskoye field), Preobrazhensky, Verkhneichersky, Mogdinsky, Vostochno-Sugdinsky, Sanarsky …

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Oil & Gas Operators

Leading Energy Companies Form Partnership to Accelerate the Development of Offshore Transport and Storage Infrastructure for Carbon Emissions in UK North Sea‎

bp, Eni, Equinor, National Grid, Shell and Total today confirmed they have formed ‎a new partnership, the Northern Endurance Partnership (NEP), to develop offshore carbon dioxide ‎‎(CO2) transport and storage infrastructure in the UK North Sea, with bp as operator. This ‎infrastructure will serve the proposed Net Zero Teesside (NZT) …

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Oil & Gas Operators

bp and Equinor Form Strategic Partnership to Develop Offshore Wind Energy in US

bp and Equinor today announced the formation of a new strategic partnership to develop offshore wind projects in the US. This includes the development of existing offshore wind leases on the US East coast and jointly pursuing further opportunities for offshore wind in the US. Bernard Looney, bp’s chief executive, …

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Service Companies & Manufactures

Equinor Completes World’s First Logistics Operation with a Drone to an Offshore Installation

A drone flew a 3D-printed part for the lifeboat system from the Mongstad base to the Troll A platform in the North Sea. The operation was completed efficiently and according to plan. “Development is rapid, and we see a huge potential within drone technology that could transform the way we …

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Service Companies & Manufactures

Saipem: Signed with Equinor a Frame Agreement for Engineering Services

The Frame Agreement encompasses feasibility and conceptual studies, FEED, detailed engineering and related follow-on and support for R&D activities, as well as assistance to Equinor for its upcoming projects, including new energy-related projects in the onshore, offshore and floating wind sectors. The scope of the Frame Agreement extends, but is …

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