Norway/NCS
News
February 06, 2020
The move, which Equinor had initially resisted, is another illustration of the tremendous pressure building against the oil industry to act on climate change, including from a growing proportion of major investors.
News
February 03, 2020
As operators worldwide set ambitious net-zero-emissions goals, oilfield service companies have an opportunity to both play a key role in meeting these targets, and take a leadership position in shaping the path of the coming energy transition.
News
January 29, 2020
Under the agreement, the companies will offer tooling and services in four distinct areas: platform well abandonment, subsea well abandonment, topside and jacket removals and subsea removals.
News
January 23, 2020
Western Europe’s biggest oil and gas producer just witnessed its final investment boom, according to Norway’s largest bank.
News
January 20, 2020
In direct continuation of the rig’s current workscope, Maersk Integrator will move to the Ivar Aasen field offshore Norway to drill two wells, with work expected to commence in October 2020.
News
January 15, 2020
OPEC’s latest forecasts suggested a weaker outlook for global oil markets this year as surging supplies from competitors from Norway to Guyana threaten the group’s efforts to defend crude prices.
News
January 14, 2020
Odin Estensen, managing director of Neptune Energy in Norway, said “The awards support our
strategy to grow operatorship and acreage in and around our core areas. Through this latest licensing
round we have secured four more awards than in 2019, a record for our company in Norway.”
News
January 14, 2020
“The award enables us to mature new prospects and prove profitable resources that can be developed within the scope of our new climate roadmap for the Norwegian continental shelf,” said Nick Ashton, Equinor’s senior vice president for exploration in Norway and the UK.
News
January 13, 2020
Norway’s vision of establishing a new major oil province off its northern tip has suffered another blow.
News
January 09, 2020
Equinor and its partners in Norway’s Statfjord area have identified and approved plans to extend production from the field towards 2040.
News
January 08, 2020
TGS announced the purchase of all U.S. onshore petrophysical log database and associated intellectual property from Petrophysical Solutions, Inc.
News
January 06, 2020
In 2050, Equinor expects Norwegian oil and gas production to be less than half of current levels, assuming development of defined projects and substantial efforts to increase production from existing fields and continued exploration.
News
December 17, 2019
The agreement will be managed from DNV GL’s office in Stavanger, Norway and supported with a global network of 2,000 technical experts, with global services ranging from verification and environmental to due diligence studies.
News
December 16, 2019
A new compensation format will help improve efficiency as Equinor awards new framework agreements for safety and automation systems with five suppliers.
News
December 13, 2019
Morten Baltzersen, the head of the Financial Supervisory Authority in Norway, says the rush to plow funds into investments that fulfill environmental, social and governance (ESG) standards has opened the door to a new risk.
News
December 12, 2019
Norway’s oil lobby raised the investment forecast for the country’s offshore industry for the coming years, even if it still sees a sharp drop in 2021 amid a lack of big new projects.
News
December 10, 2019
Equinor performed rigorous testing of the Stauper technology at the Grane Field in the North Sea, and the results showed that up to 99.5% of oil was removed from the produced water.
News
December 05, 2019
Sverdrup’s earlier-than-expected start in October broke a long trend of underperformance for Norway’s overall oil production. Output lagged forecasts in 28 straight months through September, even after the 2019 estimate was slashed to a 31-year low.
News
November 28, 2019
For the first time, an exploration well is being drilled in the North Sea where the objective is not to find oil or gas.
News
November 26, 2019
Equinor will reduce its focus on the frontier areas of the Barents Sea in another blow to Norway’s ambition to build a new oil province in its Arctic region.
News
November 25, 2019
Ardyne has enhanced its relationship with Equinor through a frame agreement for fishing services covering all of the operator’s assets on the Norwegian Continental Shelf.
