After more than 30 years on stream and over 400 million barrels of oil equivalent the Veslefrikk partnership is now planning for shutdown of the field in the spring of 2022. The plugging of wells has already started.
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The methanol plant at Tjeldbergodden is now back in production after being decommissioned since the fire on 2 December 2020. The safe start-up preparations have gone according to plan and the facility is now supplying methanol to the market.
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On behalf of Equinor (OSE: EQNR, NYSE: EQNR), DNB has on 15 February 2021 purchased 696,049 shares for use in the group's Share saving plan.
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The employer organisation Norwegian Oil and Gas Association and the trade union SAFE, managed to find a solution in their mediation.
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Mediation will take place on Monday 15 February between the union SAFE and Norwegian Oil and Gas Association. This can potentially lead to a strike which could affect activity at the terminal at Mongstad.
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The Ministry of Petroleum and Energy has approved a revised plan for development and operation (PDO) for partial electrification of the Sleipner field centre. The field centre will be tied to the Utsira High area solution, and Sleipner is expected to cut emissions by more than 150,000 tonnes of CO₂ per year.
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Announcement Number: TN-21-EI-00949-MPClosing Date: 17 February 2021
Announcement Number: DOE-21-EIA-00937-SESClosing Date: 24 February 2021
Equinor reports adjusted earnings of positive USD 0.76 billion and negative USD 0.55 billion after tax in the fourth quarter of 2020. IFRS net operating income was negative USD 0.99 billion and the IFRS net income was negative USD 2.41 billion, following net impairments of USD 1.30 billion and a write down of USD 0....
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Announcement Number: TN-21-DOE-0801-OCDHClosing Date: 28 May 2021
Announcement Number: TN-20-EI-00918-DHAClosing Date: 28 May 2021
Announcement Number: TN-20-DOE-1529-OCDH-RClosing Date: 28 May 2021
Announcement Number: TN-20-DOE-1530-OCDHClosing Date: 28 May 2021
Equinor experienced several serious incidents throughout the year, but also achieved a reduction in the number of serious incidents and personal injuries in 2020 compared to the previous year. The results support a good trend in safety performance during the last decade, but also demonstrate the need to further improve our safety work.
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Equinor and bp have completed their previously announced transaction, whereby Equinor has sold a 50% interest in both the Empire Wind and Beacon Wind assets on the US east coast for a total cash consideration of around USD 1.1 bn excluding customary purchase price adjustments.
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The Johan Sverdrup field is expected to increase its daily production capacity up to 535,000 barrels of oil by mid-2021. This is around 100,000 barrels more than the original basis at start-up in October 2019.
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Announcement Number: TN-21-EI-00920-MPClosing Date: 01 February 2021
Announcement Number: TN-21-EI-00919-MPClosing Date: 27 January 2021
Equinor is already an offshore wind major. Now the company will explore the opportunities within offshore solar power. Together with Moss Maritime the company wants to start testing off the island of Frøya.
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Today, Equinor was selected to provide New York State with offshore wind power in one of the largest renewable energy procurements in the U.S. to date.
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