Equinor

The company said its frequency of serious incidents was down at the end of the year from its levels at the end of 2024.

The project, which is owned and run by Equinor offshore New York, is more than 60% complete.

Equinor, Aker BP, DNO Norge, and Vår Energi received the most licensing offers in APA 2025.

The Norwegian major said it is using artificial intelligence for predictive maintenance throughout its facilities and for interpretation of seismic data from the Norwegian continental shelf.

Following the start of injection in August, Northern Lights has issued the first set of certificates documenting that the carbon dioxide captured from the Heidelberg Materials cement factory has been transported and stored permanently in the Aurora reservoir.

The new development is estimated to hold 46 million bbl of recoverable oil and is planned to start up in late 2028.

Preliminary estimates indicated recoverables of between 30 million and 110 million BOE at the discoveries, which Equinor called its largest of the year.

Adura will become the UK North Sea’s largest independent producer by combining 12 key oil and gas assets, employing around 1,200 staff. It aims to produce more than 140,000 BOED in 2026.

Updates about global exploration and production activities and developments.

Updates about global exploration and production activities and developments.