Equinor
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New investment, maturity in nuclear fusion technology could be the key to meeting lofty emissions goals. -
Norwegian operator plans to drill 50% more exploration wells in Norway during 2022 than it did in 2021.
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Norwegian operator sells its nonoperated stake in the Corrib gas project
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Norwegian oil firm chooses Aker, Sevan, TechnipFMC and others to continue studying $8-billion-plus Barents Sea development.
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Exploration test could yield as much as 200+ million BOE.
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More time and money are needed for Johan Castberg and others, while government looks to boost hydrogen research.
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The energy transition was present but not at center stage at recent earnings calls as majors celebrated their improving financial performance.
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Greenland may have said “no” to oil and gas, but its vast mineral wealth is up for grabs as the world’s biggest billionaires invest to claim metal reserves needed to manufacture batteries.
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The divestments leave PDVSA as sole shareholder of the onshore Petrocedeño project in the Orinoco Belt.
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Brazil has plans to create a competitive gas market. Equinor is operating two big projects that could offer a model for how a company not named Petrobras could market gas produced offshore.
