Tag: oil

Today, Thursday 9 June, Equinor and Cheniere have announced a 15-year purchase agreement of around 1.75 million tonnes of LNG per year starting from 2026.

Shortly after the Snøfonn North discovery near the Johan Castberg field in the Barents Sea, Equinor has made another oil and gas discovery in Skavl Stø, exploration well 7220/8-3.

After extensive repairs and improvement work, Hammerfest LNG is back in production after the fire in September 2020.

OKEA purchases Wintershall Dea’s 35.2% share in Brage and 6.46% share in Ivar Aasen, as well as 6% of the Nova development for €108 million (NOK 1.1 billion)

Chevron Marine Lubricants' new Taro Ultra Advanced 40 has passed the Main NOL (No Objection Letter) Service and Confirmation field tests by MAN Energy Solutions, which allows the oil's uninterrupted use in their Mk 9 and later engines.

Shell paid $ 1.1 billion to Petrobras for the increased stake in the field.

This is part of Equinor’s efforts to exit Russia

The United States is banning all imports of oil and gas from Russia, US President Joe Biden has announced, in a move that aims to pressure Russian President Vladimir Putin to end the war in Ukraine.

No additional projects in Russia will be advanced or implemented. Payment transactions already stopped.

The researchers have discovered that nearly 10% of the oil floating on the Gulf after the Deepwater Horizon disaster was dissolved into seawater by sunlight.

Equinor has been awarded 26 new production licences by Norway’s Ministry of Petroleum and Energy in the 2020 Award in Predefined Areas (APA) - 12 licences as operator and 14 licences as partner.

ExxonMobil has said it made two oil discoveries at Fangtooth-1 and Lau Lau-1 in the Stabroek block offshore Guyana.