North Sea
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The EPCI contract for the Breidablikk development includes provision of flexible jumpers and rigid pipelines as well as pipeline installation work. About 70% of the value creation in the Breidablikk development phase is expected to go to Norwegian companies.
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The merger will effectively end the 86-year run of UK independent oil producer Premier Oil and give rise to one of the largest companies operating in the North Sea region.
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Equinor awarded multimillion-dollar contracts to Aker Solutions and Wood for work on the oil field in the Norwegian Continental Shelf. It said about 70% of the contracts for the development phase is expected to go to Norwegian companies.
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Winning innovators focused on environment, safety, and operational efficiency.
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The Norwegian company completed what it describes as the world’s first logistics operation with a drone to an offshore installation.
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Equinor said drones could reinforce safety, boost production efficiency and contribute to lower CO2 emissions from Norwegian oil and gas
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Using an underwater remotely operated vehicle, activists on board the Greenpeace ship Esperanza documented a large methane leak in the North Sea caused by a major blowout during an oil drilling operation 30 years ago.
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Dugong could become a new North Sea production hub says offshore explorer Neptune Energy upon its latest discovery.
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Despite the global downturn, the long-term transition to net zero presents a major opportunity to create new multibillion industries based around the North Sea. Cross-sector collaboration and major state/private sector intervention, together with strong leadership, will be key.
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The Hydrogen Offshore Production project identifies an alternative to decommissioning by providing reuse options for offshore infrastructure. It aims to prove the feasibility of decentralized hydrogen generation, storage, and distribution to provide a bulk hydrogen solution.