Equinor's (EQNR) first offshore exploration well in Argentina's North Argentine Basin shows no sign of oil or gas, marking a setback for the local oil industry.
The contract follows Equinor (EQNR) and its partners' decision to invest more than $1.13 billion (NOK 12 billion) to advance the gas infrastructure in the Troll West gas prospect.
Equinor (EQNR) states that the additional well is a part of PL 827 SB in Norway and the drilling operations will be carried out by the Deepsea Atlantic semisubmersible rig.
Equinor (EQNR) and partners Orsted and Nordsofonden secure a permit to explore CO2 storage in Denmark, aiming to store up to 12 million tons of CO2 annually.
Equinor (EQNR) and Oceanex can apply for a commercial license to build an offshore wind project in Australian waters if the construction seems feasible after conducting the evaluation.
The development highlights Equinor's (EQNR) strategic growth in one of Europe's rapidly expanding renewable energy markets.
Equinor (EQNR) has entered a five-year partnership with Vallourec, under which the latter will provide low-carbon tubular solutions and digital services to enhance oil field operations and drive sustainability in Brazil.
Equinor's (EQNR) decision to sell these stakes will balance the ownership between Equinor and PGNiG in the Gina Krog field, reinforcing their collaborative efforts in the region.
The speed and scale of the global energy transition must increase in order to reach the ambition of limiting the rise in global warming to 1.5 degrees Celsius, analysts at Norwegian oil and gas group Equinor said on Thursday.
Equinor (EQNR) signs a major agreement with NYSERDA for the Empire Wind 1 project, set to power 500,000 homes in New York by late 2026 and create more than 1,000 union jobs.
Per the agreement, Equinor (EQNR) will integrate Seeq's Industrial Analytics and AI platform to optimize its engineering processes and maximize production.
Equinor (EQNR) and Gasum extend their LNG supply contract, enhancing support services and driving the maritime industry's transition to greener energy with substantial CO2 reductions.