Equinor, on behalf of the BM-C-33 consortium, has officially submitted the Declarations of Commerciality and Development Plans for two significant areas in Brazil’s Campos Basin to the Agência Nacional de Petróleo, Gás Natural e Biocombustíveis (ANP). This step forward signifies an investment of about $9 billion. Partnerships and Location Partnering with Equinor in the consortium […]
Norwegian state-owned multinational energy company Equinor along with Aker BP will invest approximately NOK 46 billion ($4.65 billion) to develop and operate the Krafla oil and gas field in the North Sea, which was proven in 2011. To this effect, the companies have submitted a plan for development and operation (PDO) of the Krafla oil […]
Equinor Energy has started production from phase 1 of the Askeladd gas and condensate field in the Barents Sea, thereby increasing plateau production from the Hammerfest LNG plant on Melkøya Island, Norway, for about three years. Delivered on schedule, the development of the Askeladd field phase 1 eventually cost NOK 650 million ($67 million) less […]
Oil and gas industry news : TechnipFMC has bagged a subsea contract from Equinor for the $4.83 billion Johan Sverdrup Phase 2 project in the Norwegian waters of the North Sea. Johan Sverdrup Phase 2 project contract As per the contract terms, TechnipFMC will handle the construction and installation of Johan Sverdrup Phase 2’s subsea production […]