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$1.8-billion PPF project approved to revive previously produced fields at Ekofisk
Category: Business News
Vår Energi and its license partners, led by operator ConocoPhillips, have taken a final investment decision (FID) on the Previously Produced Fields (PPF) Project in the Greater Ekofisk Area, advancing a large-scale subsea redevelopment aimed at extending production life on the Norwegian Continental Shelf. The project targets the redevelopment of three gas-condensate fields—Albuskjell, Vest Ekofisk […]
Source: World Oil
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Equinor to drill 26 exploration and appraisal wells offshore Norway in 2026
Category: Business News
(Bloomberg) – Equinor ASA will drill about 26 wildcat and appraisal wells off the coast of Norway in 2026, mostly in the country’s North Sea, as the company looks to spend $6 billion a year over the next ten years to maintain the flow of oil and gas to Europe. Norway’s biggest oil and gas […]
Source: World Oil
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Heimdall Power’s Neuron Named One of TIME’s Best Inventions of 2025
Category: Business News
Heimdall Power is proud to announce that our flagship innovation, the Neuron™, has been listed one of TIME’s Best Inventions of 2025. This recognition underlines the impact our technology is having on the global energy transition, redefining how power grids are monitored, managed, and optimized. Dubbed a “smartwatch for the power grid,” the Neuron provides […]
Source: Heimdall Power
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U.S. Chamber of Commerce Comments on Section 232 Investigation of Imports of Wind Turbines and Their Parts and Components
Category: Business News
The U.S. Chamber of Commerce (“the U.S. Chamber”) appreciates the opportunity to respond to the U.S. Department of Commerce’s request for comments cited above. The Administration has stated it intends to use these comments as part of an investigation to “determine the effects on the national security of imports of wind turbines and their parts […]
Source: U.S. Chamber of Commerce
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Equinor explores combining renewables assets with Orsted
Category: Business News
(Bloomberg) – Equinor ASA Chairman Jon Erik Reinhardsen said the company has an “open mind” about the structure of its partnership with Danish wind developer Orsted A/S, including the possibility of combining their renewable assets. “It’s one of many options,” Reinhardsen said on Wednesday, when asked if it would make sense to combine the two […]
Source: World Oil
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