Sept 6 (Reuters) – A fleet of U.S. offshore wind projects central to President Joe Biden’s climate change agenda may not move forward unless his administration eases requirements for subsidies in the year-old Inflation Reduction […]
Private equity firm Denham Capital has announced the sale of Rio Energy assets to energy giant Equinor, as the latter expands its renewables portfolio. The transaction includes the entire Rio Energy team and other selected […]
The company aims to increase production capacity from the current output of nearly 90,000 barrels of oil equivalent per day (boepd) to more than 500,000boepd by 2033. Norwegian oil giant Equinor is planning to boost oil production […]
Norwegian energy major Equinor has decided to postpone further development of the Trollvind offshore wind initiative indefinitely. Equinor said that the decision was based on several challenges facing the project, including technology availability, rising cost, […]
(Bloomberg) – Equinor ASA has delayed by as many as three years its Bay du Nord project due to escalating costs, the company said Wednesday. The project to develop an oil field about 500 kilometers […]
Buoyed by high prices and rising energy demand, offshore operators and international oil companies are advancing plans for field development projects, and 2023 looks to be a busy year for offshore construction projects. With that […]
Home Fossil Energy Equinor hands out FEED deal for FPSO destined to work at Bay du Nord oil project Equinor Canada, a subsidiary of Norway’s state-owned energy giant Equinor, has awarded a letter of intent […]
Norwegian energy giant Equinor has decided to keep one of Island Offshore’s offshore supply vessels (OSVs), which performs operations as a platform supply vessel (PSV), busy for seven more months. MV Island Commander; Source: Island […]
Home Fossil Energy While contributing to Europe’s energy security, Equinor rakes in all-time high profits Equinor has more than doubled its annual profit in 2022, setting a new record driven by higher energy prices and growing demand. […]
Norwegian state-owned energy giant Equinor has received consent from the country’s offshore safety regulator to use one of Transocean’s semi-submersible rigs for plugging, drilling and completion activities at a field in the North Sea off […]
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