NEWS

Press Release: APA 2020 – Continued High Interest for New Exploration Acreage

Category: Business News

APA 2020 – Continued High Interest for New Exploration Acreage Press release | Date: 25/09/2020 | No: 60/2020 The Norwegian Ministry of Petroleum and Energy has received a large number of applications from 33 oil companies in the licensing round Awards in Predefined Areas (APA) 2020. – In a challenging year for the petroleum industry, I am very […]

Source: Regjeringen.no

Published: December 24, 2024

Press Release: Equinor partners with BP in US offshore wind to capture value and create platform for growth

Category: Business News

Equinor (OSE: EQNR, NYSE: EQNR) has entered into an agreement with BP (LSE: BP, NYSE: BP) to sell 50% non-operated interests in the Empire Wind and Beacon Wind assets on the US east coast for a total consideration before adjustments of USD 1.1 billion. Through this transaction, the two companies are also establishing a strategic partnership for further growth within offshore wind in the US. Currently Equinor holds […]

Source: Equinor

Published: September 10, 2020

World Oil: Equinor performs world’s first offshore logistics operation via drone

Category: Business News

OSLO – 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 operate, both under […]

Source: World Oil

Reuters: Equinor to cut jobs in U.S., Canada and UK following oil price fall

Category: Business News

OSLO (Reuters) – Norwegian oil and gas firm Equinor is set to cut jobs significantly in the United States, Canada and Britain to adjust to a fall in oil prices, a company spokesman said on Wednesday. The group plans to cut employee numbers in those countries by about 20% and contractor numbers by around half […]

Source: Reuters

Press Release: US and Norway Strengthen Cooperation on Offshore Energy and Seabed Minerals

Category: Business News

RegjeringeToday in Washington DC, the US Department of Interior (DOI) signed a Memorandum of Understanding with the Norwegian Ministry of Petroleum and Energy (MPE). The Memorandum of Understanding (MoU) is a framework for continued cooperation between DOI and MPE in the areas of  offshore oil and gas, offshore wind energy and seabed minerals. – The […]

Source: Regjeringen.no