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Equinor: Profits up, carbon down in high graded U.S. portfolio
Category: Business News
In the first six months of 2022, equity oil and gas production from the US was 332,000 barrels of oil equivalent per day (boepd) – 18% lower than the corresponding period last year following the 2021 sale of the Bakken assets. Despite lower production, net operating income increased to 2.2 billion USD – more than […]
Source: Equinor
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Equinor acquires energy storage developer in the US
Category: Business News
Equinor has signed an agreement to buy a 100% stake in the US based battery storage developer East Point Energy LLC. The acquisition supports Equinor’s ambition to be a leading company in the energy transition and provides a platform for broadening our energy offerings in the US. Read full article.
Source: Equinor
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Norway Approves Gas Production Hike to Keep Exports at a Record
Category: Business News
Norway approved higher production from key natural-gas fields in an effort to maintain record exports as Europe reels from cuts in Russian supply. The energy ministry said Monday it had agreed on revisions to permits for the Troll, Gina Krog, Duva, Oseberg, Asgard and Mikkel fields. The move will allow Norway to keep output at […]
Source: Bloomberg
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IEA says Norway has opportunities to advance transition and help lead world on clean energy
Category: Business News
IEA says Norway has opportunities to advance transition and help lead world on clean energy (IEA) — As a resource-rich country on the leading edge of many clean energy technologies, Norway is uniquely well placed for the clean energy transition and now needs to advance strategies to tackle emissions in sectors where they are […]
Source: WorldOil
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Equinor signs deal with 3D print start-up from the Equinor and Techstars Energy Accelerator
Category: Business News
Equinor has signed a Letter of Intent (LOI) with the 3D print start-up Korall Engineering based in Bergen, Norway. This is a result of this year’s Equinor & Techstars Energy Accelerator programme. Equinor believes the solution proposed by Korall Engineering is needed in the changes the industry is facing, where 3D print and digital inventories […]
Source: Equinor
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