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Ripple effects from Equinor in Norway continue to grow
Category: Business News
A new report finds that deliveries within exploration, development projects and operation of Equinor-operated fields and onshore facilities in Norway continued to grow in 2024. Equinor procured goods and services with a total value of NOK 142.6 billion, an increase from 134 billion in 2023. 93 per cent of this came from Norwegian suppliers located […]
Source: Equinor
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Norway’s $8 billion Johan Castberg offshore development begins oil production
Category: Business News
(Bloomberg) — Norway’s 86 billion kroner ($8.1 billion) Johan Castberg oil development in the Barents Sea has started pumping, the second major field to begin operations in the country’s Arctic waters. The project, developed by Equinor ASA and partner Var Energi ASA, will reach peak production of about 220,000 barrels of oil a day, Equinor […]
Source: World Oil
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Equinor: Investing NOK 7.5 billion in expansion of the groundbreaking Northern Lights CCS-project
Category: Business News
Equinor, Shell and TotalEnergies have made a final investment decision (FID) to progress phase two of the Northern Lights development. The decision was made after signing a commercial agreement with Stockholm Exergi to transport and store 900.000 tonnes of biogenic CO2 annually for 15 years. Read full article.
Source: Equinor
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Baker Hughes, Frontier partner to develop CCS, data center projects in U.S.
Category: Business News
Baker Hughes and Frontier Infrastructure have announced a strategic partnership to accelerate the deployment of large-scale carbon capture and storage (CCS) and power solutions in the U.S. As part of the agreement, Baker Hughes will provide innovative technologies and resources in support of the development of large-scale CCS, power generation, and data center projects. Frontier […]
Source: World Oil
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Halliburton, Sekal deliver world’s first automated on-bottom drilling system for Equinor in the North Sea
Category: Business News
Halliburton and Sekal AS deployed the world’s first automated on-bottom drilling system with the integration of Halliburton’s LOGIX™ automation and remote operations, Sekal’s Drilltronics®, and the rig automation control system. The team delivered a well for Equinor on the Norwegian Continental Shelf with an integrated closed-loop control solution. This solution orchestrates autonomous directional drilling with […]
Source: World Oil
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