Equinor and SOCAR (State Oil Company of Azerbaijan Republic) have signed an agreement whereby Equinor will divest all its remaining assets in Azerbaijan to SOCAR.
Equinor has made a commercially viable gas discovery by the Gina Krog field in the North Sea. The discovery is small, but gas production can start as early as 2023.
Ocean Infinity has announced the signing of a landmark contract with Equinor Wind US LLC for one of the first-ever floating offshore windfarms on the US West Coast.
The Johan Castberg partnership, consisting of Equinor, Vår Energi and Petoro, is today updating the project cost estimate. The investment estimate has increased by almost NOK 13 billion since last year.