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Press Release: ExxonMobil to sell Norway upstream operations for $4.5 billion
Category: Business News
IRVING, Texas – ExxonMobil signed an agreement today with Vår Energi AS for the sale of its non-operated upstream assets in Norway for $4.5 billion as part of its previously announced plans to divest approximately $15 billion in non-strategic assets by 2021. Agreement includes ExxonMobil’s upstream portfolio in Norway Part of ExxonMobil’s previously announced […]
Source: ExxonMobil
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Reuters: Oil CEOs push carbon-capture efforts ahead of climate talks
Category: Business News
A group of 13 major oil companies charted out a plan on Monday to promote investments in carbon capture, use and storage (CCUS), ahead of a gathering in New York. Oil chiefs grappling with growing demand for action to fight climate change have looked to invest in carbon-capture and sequestration techniques that some executives, including […]
Source: Reuters
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The Norwegian American: Equinor blows into the Empire State
Category: Business News
Norwegians were involved in building many of the skyscrapers in New York City in the old days. Now, it is time for some Norwegian construction at sea south of the city. Equinor Empire Wind won New York State’s first offshore wind electricity contract, Gov. Andrew Cuomo announced on July 18. The award is a win […]
Source: The Norwegian American
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Bloomberg: Norwegian Voters Deliver Warning to Country’s Oil Industry
Category: Business News
Norwegian voters have fired a warning shot at the country’s oil industry. Parties that want to rein in the country’s golden goose made significant gains in Monday’s local elections. That raises the prospect of more advances for those forces that want to limit drilling in the Nordic nation, which supplies 25% of the European Union’s […]
Source: Bloomberg
Published: September 10, 2019
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Equinor: Ten companies selected for Equinor’s Techstars Energy Accelerator 2019
Category: Business News
Equinor today announced the second class of global start-up companies selected to participate in the Techstars Energy Accelerator. Three Norwegian companies participate in the programme. The ten start-up companies have been selected from hundreds of applicants across 42 countries. Through an intensive 13-week programme they will seek to accelerate their solution by tapping into a […]
Source: Equinor
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