Browsing Tag
Equinor
163 posts
Offshore oil and gas is quietly replacing vessel days with subsea robots
Resident subsea robots, autonomous inspection vehicles and remotely operated uncrewed vessels are beginning to perform offshore oil and gas work once tied to large support vessels and offshore crews. Commercial operations involving Equinor, Saipem, Reach Subsea and Oceaneering International show how robotics could reduce vessel days, personnel exposure and inspection costs, although intervention capability, subsea infrastructure, communications and regulatory acceptance still determine how far vessel-free operations can go.
BP posts $5.7bn Q2 underlying profit as new CEO Meg O’Neill orders a reset
BP Q2 underlying RC profit hits $5.7bn and the dividend rises 4%. New CEO Meg O'Neill admits BP wrote off too much value, orders a portfolio and cost reset.
Greater PAJ Project: Angola’s $5bn cross-block offshore oil development moves into execution in 2026
The Greater PAJ Project offshore Angola has reached final investment decision, with Azule Energy and its partners advancing a five-field deepwater development that will use a new 95,000 barrels-per-day FPSO to bring first oil in the first half of 2029.
TechnipFMC delivers 21% EBITDA margin as subsea execution accelerates, but $10bn order target now hinges on H2
TechnipFMC Q2 2026: revenue $2.76B, adj EPS $0.91, Subsea margin 23.2%. Guidance held, but $10B order target now needs $5.6B of H2 Subsea inbound.
Equinor Q2 2026: Adjusted operating income jumps 76% as 2026 buy-back climbs to $3bn
Equinor's Q2 adjusted profit doubled to $3.22bn and its 2026 buy-back rose to $3bn, widening the capital-return gap versus European oil majors ahead of Q3.
Baltic Power offshore wind farm sends first electricity to Poland’s grid as ORLEN and Northland near completion
Baltic Power’s first electricity puts Poland offshore wind on the grid, testing Northland Power, ORLEN and the country’s clean energy buildout.
Azule Energy approves Greater PAJ offshore oil project for 2029 start in Angola
Azule Energy approves Greater PAJ, targeting 85,000 boe/d from Angola by 2029. Explore the FPSO plan, partner stakes and execution risks now.
TechnipFMC wins another Angola order, but the bigger story is the $5.1bn project behind it
TechnipFMC wins a flexible pipe contract for Azule Energy’s $5.1bn Greater PAJ project. Discover what it means for $FTI shares and Angola’s offshore growth.
Equinor (EQNR) approves Troll TWIN gas project for 2028 production
Equinor plans a NOK 4 billion Troll TWIN subsea project to add 11 bcm of gas by 2028. Explore its costs, market impact and execution risks. Read more. Here.
Equinor locks in 5-year German gas supply via Eneco’s LichtBlick as Berlin’s Norwegian dependence deepens
Equinor signs 5-year gas deal with Eneco's LichtBlick, supplying low-emission Norwegian gas to Germany through 2030 as Berlin's NCS dependence deepens. Read more.