In addition to a reduction in a full field breakeven oil price, Equinor expects to see an increased production capacity at its Johan Sverdrup field.
No stone is left unturned when it comes to options for reducing carbon emissions, including electrification of oil and gas assets, carbon capture usage and storage, replacing fossil with renewable sources of energy and introducing alternative fuels like hydrogen and ammonia.
Wintershall Dea will be using a Saipem-owned rig to complete its Nova field drilling campaign following an incident with the previous rig.
Norwegian oil and gas company Equinor has made a minor oil discovery near the Visund field in the North Sea offshore Norway.
In addition to facing a wind-down and a wind-up of its Lancaster field, Hurricane Energy has experienced further issues on its field.
EnQuest has signed a new senior secured borrowing base debt facility to enable refinancing and the acquisition of Golden Eagle.
Serica Energy has completed a flow test on the Rhum R3 well in the UK North Sea with plans to start production in the third quarter of 2021.
Longboat Energy has raised funds for a seven-well drilling programme and revealed the details about its farm-in agreements.
Norway’s oil and gas company Equinor has drilled dry wells near the Fram field in the North Sea off Norway.
Shell has pledged to take some bold but measured steps to accelerate the reduction of carbon emissions after a recent ruling by a Dutch court.
Norway and its Ministry of Petroleum and Energy has announced this year’s licensing round for the geologically best-known parts of the NCS
A study has concluded that Bacton is ideally positioned to become a significant hub for clean, green energy in the road to net-zero by 2050.
Aker Solutions has delivered yet another steel substructure for the largest industrial project ever in Norway, Equinor’s Johan Sverdrup field.
Stena Drilling has made a move to acquire a 30 per cent stake in Intebloc, a specialist digital lifting technology solutions provider.
