bp has agreed to sell its non-operated interest in the Bay du Nord project offshore Newfoundland and Labrador, Canada, to Equinor. The transaction is consistent with bp’s continued focus on portfolio simplification and disciplined capital allocation.
Archer has been awarded a three-year contract extension by Equinor for the provision of wireline and intervention services on the Norwegian Continental Shelf.
Worley Rosenberg has been selected by Equinor Energy for a parallel framework agreement for maintenance and minor projects on selected facilities on the Norwegian Continental Shelf. The framework is expected to support activities for selected installations including the Sleipner and Johan Sverdrup facilities following contract signing.
Equinor and its Brazilian subsidiary Rio Energy have started commercial power production at the Serra da Babilônia Solar facility in Brazil. Strategically co-located with the existing Serra da Babilônia Wind, this represents the first hybrid asset in Equinor’s power portfolio, comprising 140 MW of solar and 223 MW of wind capacity.
Shell UK and Equinor UK have completed a deal to combine their UK offshore oil and gas operations to form a new company. Adura, which launched today (December 1), will be the largest independent producer in the UK North Sea.
Equinor and the Capital City of Prague’s gas and electricity company Pražská plynárenská have signed a long-term agreement for 10 years of gas supplies into the Czech Republic. Deliveries have started and will last until 2035.
Equinor has opened a new marine robotics testing and development facility at its Kårstø processing plant in Tysvær, Norway, aimed at accelerating innovation, improving offshore safety and reducing operational costs across the energy industry.
A new appraisal well at Norway’s Afrodite gas discovery has more than doubled estimated recoverable resources to between 77 million and 180 million barrels of oil equivalent, boosting the prospect’s commercial potential near the Kvitebjørn field, according to Equinor .
Equinor and its partners have discovered gas at the Gullfaks South field, 190 kilometres northwest of Bergen, with recoverable resources estimated at 0.5 million to 1.6 million standard cubic metres of oil equivalent, or 3.3 million to 10.3 million barrels of oil equivalent.
Equinor and Aker BP have launched a strategic collaboration to accelerate the development of tight oil and gas reservoirs on the Norwegian continental shelf, aiming to improve recovery rates, reduce costs and make more discoveries commercially viable.
