Equinor

The North Sea project is set to include 23 subsea, oil-producing wells tied into four subsea templates to tap an estimated 200 million bbl of oil.

After Equinor laid out its strategy to maximize oil and gas profits as it transitions to business that minimizes carbon emissions, stock analysts asked if the less-profitable units can sustain the dividend.

Four licenses are awarded to seven oil companies as this round sees less interest than previous ones.

New find will likely be tied into future Johan Castberg infrastructure.

The operator's aggressive decarbonization effort has put it on the fast track to produce nearly a third of its oil and gas from the Norwegian Continental Shelf using electricity generated by onshore hydroelectric plants.

Concrete spar substructures will be completed offshore as additional construction milestones approach for large marine wind project.

Equinor tapped Ryder Architecture for a newbuild facility to serve as the main hub for the world’s largest offshore wind farm.

The Norwegian Petroleum Directorate and Equinor have announced the biggest discovery so far this year on the Norwegian Continental Shelf. Three wildcat wells drilled in the Blasto prospect near the Fram field confirmed the find and were then permanently plugged and abandoned.

As the saying goes, the future is now. This is certainly the case offshore Norway, which represents one of the industry’s most influential test beds for impactful innovation.

The drilling program is the first exploration well to be drilled in production license 785 S.