Tag: Equinor

The development includes two new subsea templates which will be tied into existing infrastructure via new pipelines.

Oil discovery in the Johan Castberg area in the Barents Sea

The «Lit» prospect is located in the southern part of the Svalin field in the central part of the North Sea, about 9 kilometres from the Balder field.

Equinor and its Fram partners will invest more than NOK 21 billion in a new subsea development. The plan for development and operation was today submitted to the Minister of Energy, Terje Aasland.

The Crown Estate set to partner with Equinor and Gwynt Glas – a joint venture between EDF Renewables UK and ESB – to drive the creation of new jobs and economic growth through new floating windfarms off the coasts of Wales and South West England.

Equinor has been awarded a new exploration opportunity in Brazil, providing the potential for deepening the company’s position in the country.

The project joint venture partners Equinor (50%) and Polenergia (50%) have reached financial close for the Bałtyk 2 and Bałtyk 3 projects.

Equinor and Orsted have warned that the effects of wake loss on their projects could cost them up to £363 million in lost revenues.

A new report finds that deliveries within exploration, development projects and operation of Equinor-operated fields and onshore facilities in Norway continued to grow in 2024.

31 March, at 10.35, the Johan Castberg oil field in the Barents Sea came on stream. The field will be producing for 30 years and bolsters Norway’s role as a reliable and long-term supplier of energy.

According to the plan Island Innovator will permanently plug 15 to 20 wells annually for a total of nine licences.

Equinor, Shell and TotalEnergies have made a final investment decision (FID) to progress phase two of the Northern Lights development.