Norwegian energy company Equinor today, on behalf of the Gullfaks and Snorre partners, signed contracts totaling around NOK 3.3 billion ($358.6 million) for the Hywind Tampen wind farm development.The contracts have been awarded to Kværner AS鈥
Equinor and the Snorre and Gullfaks partners have made a final investment decision (FID) for the Hywind Tampen offshore wind farm development and will submit updated plans for development and operation to Norwegian authorities.The oil and gas鈥
Spanish-based engineering company Siemens Gamesa Renewable Energy (SGRE) said that the world鈥檚 largest floating wind power plant will be installed in Norway, equipped with 11 Siemens Gamesa SG 8.0-167 DD turbines.Scheduled to be commissioned in late 2022鈥
It鈥檚 long been a vision to have underwater vehicles able to support subsea operations without reliance on a surface vessel. We鈥檙e closer to this vision than ever before, but what鈥檚 new that wasn鈥檛 in place before to make this happen?Earlier鈥
Gro Stakkestad, manager of subsea intervention and pipeline repair, Equinor, weighs in on her company鈥檚 thoughts on subsea resident vehicles.Why are subsea resident vehicles attractive now?The recent downturn in the oil price combined with ever鈥
Sinomine Specialty Fluids (formerly Cabot Specialty Fluids) said it has signed a framework agreement with Equinor for supply of cesium drilling and completion fluids to the company鈥檚 operations on the Norwegian Continental Shelf. The contract鈥
The number of wells drilled could challenge all-time high levels by the end of the year in the Norwegian Continental Shelf (NCS), while global offshore exploration activity has been flat year-to-date.Rystad Energy expects that this high activity鈥
Transocean has deployed the world鈥檚 first hybrid energy storage system aboard a floating drilling unit. The system is now operational on the Transocean Spitsbergen, engaged in drilling operations at the Snorre field in Norway, the drilling contractor said on Wednesday鈥
Wintershall Dea has agreed to sell its stakes in Norway's Nyhamna gas processing terminal and the Polarled gas pipeline to CapeOmega and Solveig Gas to focus on its upstream oil and gas activities, the German oil and gas company said on Tuesday鈥
The starting gun on a subsea space race has now officially been fired with the first ever award of a contract that includes services from a subsea resident drone.But, what is less known is that the award, made by Equinor to Saipem for operations on the Njord field鈥
ExxonMobil said on Thursday it will sell its Norwegian upstream oil and gas assets to independent exploration and production company Vår Energi for $4.5 billion as part of an ongoing large-scale global divestment plan.The deal, which is expected to close in the fourth quarter鈥
Late last week, a large Equinor spending allotment passed under the radar of many a news stream: the Norwegian offshore operator was given a $230 million grant by largest shareholder, Oslo, to pursue wind projects, or at least one in particular鈥
Equinor will receive a 2.33 billion Norwegian crown ($260 million) subsidy for its planned construction of floating wind turbines to supply power to North Sea oil platforms, Norwegian state investment agency Enova said on Thursday.Equinor says鈥
Norway鈥檚 government will earn around NOK 265 billion ($30 billion) taxing and taking up stakes in its oil and gas fields in 2019, and Norwegian production is on the rise. In contrast, Britain in 2019 will earn about GBP 1.1 billion ($1.34 billion)鈥
In one month 鈥 from June 11 to July 13 鈥 14 templates delivered by Aker Solutions and TechnipFMC were installed by vessels Edda Freya and Normand Vision on behalf of Equinor at four fields on the Norwegian continental shelf. The templates are all built according to the same鈥