Equinor, a Norwegian company, tries to lease an offshore wind farm in Japan again.
Two sources claim that Equinor, a Norwegian energy company, has bid with other companies to build an offshore wind farm in Japan's latest state auctions. It is looking for a foothold on the market. Equinor’s bid shows that some wind players have their eyes on Japan, even though they are cutting back elsewhere.
Norway's Equinor cancels plans to export Blue Hydrogen to Germany
A spokesperson for Equinor, the Norwegian energy company, said that it had scrapped plans to ship so-called "blue hydrogen" to Germany due to its high cost and insufficient demand. In January 2022, Equinor signed an agreement with Germany's RWE to create a hydrogen supply network…
Norway's Equinor cancels plans to export Blue Hydrogen to Germany
A spokesperson for Equinor, the Norwegian energy company, said that it has scrapped plans to export blue hydrogen into Germany due to its high cost and insufficient demand. In January 2022 Equinor signed a Memorandum of Understanding with Germany's RWE to create a hydrogen supply network for German power plants in order to reduce emissions.
Costs rise, Equinor cancels offshore wind projects in Spain and Portugal
A Norwegian energy company Equinor, which had previously announced its exit from Vietnam, has cancelled offshore wind projects in Spain, Portugal and may withdraw from other countries in order to reduce spending, according to an executive on Wednesday. Paal Eitrheim is Equinor's director of renewables.
Prysmian Wins Equinor's Empire Wind Gig
Norwegian energy company Equinor has contracted Italian cable manufacturer Prysmian to supply the submarine inter-array cable system for the 816-MW Empire Wind project off the coast of New York.Prysmian will provide the 66kV insulated array cables and ancillaries that will transmit…
Hammerfest LNG Ships 1000th LNG Cargo
Norwegian energy company Equinor reached a milestone at its Hammerfest LNG facility on Melkøya Island, “the Snøhvit plant”, by loading the 1000th cargo of the chilled fuel.The cargo consists of 140 500 cubic metres of liquefied natural gas (LNG). Total sales value of all the…
Equinor to Clean up Onshore Bahamas Spill
Equinor will clean up the onshore oil spill discovered this week at its Bahamas storage terminal in the aftermath of hurricane Dorian, the Norwegian energy company said on Sunday.In preparation for the hurricane, Equinor shut down operations at the South Riding Point terminal on Aug.
Johan Sverdrup Phase 2 Plan Approved
Norwegian authorities have formally approved the plan for development and operation (PDO) of the second phase of the Johan Sverdrup field, Equinor announced on Wednesday. The Norwegian energy company said the NOK 41 billion ($4.7 billion) project received broad support in Norway’s parliament at the end of April…
Equinor Sells Natural Gas Worth USD26bln in 2018
Norwegian energy company Equinor has announced its 2018 sales of natural gas totalled $26bn, an increase of 29% from 2017.Equinor sold a total of 100 billion cubic metres (bcm) of gas worldwide in 2018. The company is the second-largest gas supplier to Europe, as well as the largest…
Equinor Drills Dry Well in the Barents Sea
Norwegian energy company Equinor has come up dry in the drilling of its first wildcat well in production licence 857 in the southeastern part of the Barents Sea.Equinor, as operator of production licence area Gjøkåsen, drilled 7132/2-1 targeting the Gjøkåsen Shallow prospect about 175 kilometers north of Vardø…
Kvaerner to Study Floating Wind Structures
Norway based Kvaerner said it has signed a contract with Norwegian energy company Equinor to study how floating concrete substructures for offshore wind turbines can be designed and constructed for the planned Hywind Tampen project in the North Sea.The objectives of the front…
Equinor Completes NCS Asset Sales
Norwegian energy company Equinor announced Friday it has completed the sales of two non-core discoveries on the Norwegian Continental Shelf (NCS) for a combined $470 million.Equinor announced in October that it would divest from the King Lear and Tommeliten discoveries as part…
SHI Delivers Johan Sverdrup Offshore Platform On Schedule
South Korean shipbuilder Samsung Heavy Industries (SHI) has successfully completed the processing platform (P1) for Johan Sverdrup Field development and delivered it to Equinor according to the scheduled delivery date stated in the original contract.SHI has secured Contract worth…
Oil Markets Face Unprecedented Uncertainty
Oil markets are entering an unprecedented period of uncertainty due to geopolitical instability and a fragile global economy, the head of the International Energy Agency said on Tuesday.Concerned about an emerging production overhang similar to the one that led to a price slump in 2014…
Arkona Offshore Wind Farm Completed in Record Time
Construction of Germany's 385 MW Arkona offshore wind farm in the Baltic Sea has been completed at a new record speed: The workers needed less than three months to erect 60 turbines."The joint project between E.ON and the Norwegian energy company Equinor completed the installation of the wind turbines in record time and is largely finished.
After Denmark, Noreco Eyes UK Acquisitions
Norwegian Energy Company (Noreco) plans to acquire offshore assets on Britain's continental shelf in 2019, following its purchase of Shell's upstream oil and gas licenses in Denmark, its chairman told Reuters on Thursday.The Oslo-listed company on Wednesday announced a $1.9 billion…
Arkona Offshore Wind Farm Comes Online
The Arkona offshore wind farm in the German part of the Baltic Sea has supplied the first electricity into the German electricity grid.The 385 MW project, operated by E.ON in partnership with Equinor, when completed can deliver power to approximately 400,000 German households.
Lindseth quits Noreco
The independent Norwegian oil company, Noreco stated that its Board and Cecilie O. Lindseth, the Managing Director, have agreed not to renew her employment contract. According to the contract her last day as Managing Director of Norwegian Energy Company ASA will be 31 March 2018. The Board would like to thank Cecilie O.
Statoil Moves Key IT Tasks from India Back to Norway
Statoil said on Friday it would move its critical information technology (IT) tasks from Indian provider HCL Technologies back to Norway to improve security. A number of IT-related security incidents in recent years, including one that disrupted oil loading at the Mongstad refinery in 2014…
Shell loads first LNG vessel at Gate Terminal
Shell’s started operations of the new LNG fuel infrastructure at Gas Access to Europe (Gate) terminal in the Netherlands. The new LNG fuel infrastructure included the construction of a new berth. This new berth has now started operations. The loading of Shell’s chartered LNG vessel, the Coral Methane happened on the 19th of September.
