Equinor

New case studies highlight how artificial intelligence, advanced hardware, and innovative business models are enabling success in drilling automation.

The first phase of the Norwegian project is expected to receive its first carbon dioxide this year, with the second phase slated to start operations in late 2028.

The Halten East project in the Norwegian Sea involves fields that if developed independently would be considered too marginal to be economically attractive.

Industry leaders say they believe oil and gas will continue to play a pivotal role in the energy mix in the lengthening energy transition timeline.

The operator plans to acquire seismic and carry out appraisal drilling at the site later this year; the find could be fast-tracked as a tieback to the Goliat FPSO.

Equinor will reduce investments in renewables over the next 2 years by 50% to $5 billion and will increase its focus on oil and gas production, expecting more than 10% growth from 2024 to 2027.

The new Sevan-designed cylindrical FPSO is expected to flow 45,000 BOE/D at peak.

While the court overturned approval for Shell's Jackdaw and Equinor's Rosebank projects, the companies can reapply for consent. Work on the projects can continue, but no fuels can be extracted until the government decisions are retaken.

The year, marked by a fatal accident in February, finished with a decrease in accidents and spills.

Updates about global exploration and production activities and developments.