Tag Archive

Equinor  ex dividend Update

Equinor ex dividend Update

May 17, 2019 No Comments

From 16 May 2019, the shares in Equinor (OSE:EQNR) on Oslo Stock Exchange (Oslo Børs) will be traded ex dividend at USD 0.26. From 17 May 2019, the rights under the American Depository Receipts (ADRs) program in Equinor (NYSE: EQNR) on New York Stock Exchange will be traded ex dividend at USD 0.26 On 15 […]

Plan for Johan Sverdrup phase 2 approved

Plan for Johan Sverdrup phase 2 approved

May 15, 2019 No Comments

The plan for development and operation (PDO) of the second phase of the Johan Sverdrup field development was formally approved by Norwegian authorities on 15 May. The same day sees the construction start of the field’s second processing platform at Aibel’s yard in Haugesund. “This is a big day for Equinor and the other Johan […]

Equinor to acquire an additional 22.45% interest in the Caesar Tonga oil field

Equinor to acquire an additional 22.45% interest in the Caesar Tonga oil field

May 13, 2019 No Comments

Equinor has exercised its preferential rights to acquire an additional 22.45% interest in the Caesar Tonga oil field from Shell Offshore Inc for a total consideration of USD 965 million in cash. This will increase Equinor’s interest from 23.55% to 46.00%. Anadarko remains the operator with a 33.75% interest, and Chevron retains its 20.25% interest. […]

Equinor Announce first quarter 2019 results

Equinor Announce first quarter 2019 results

May 3, 2019 No Comments

Equinor (OSE: EQNR, NYSE: EQNR) reports adjusted earnings of USD 4.19 billion and USD 1.54 billion after tax in the first quarter of 2019. IFRS net operating income was USD 4.73 billion and the IFRS net income was USD 1.71 billion. The first quarter was characterised by: Solid results across all segments Strong cash flow. […]

Kvaerner to recycle Statfjord A Platform

Kvaerner to recycle Statfjord A Platform

May 2, 2019 No Comments

Kvaerner has been awarded a contract from Allseas for dismantling and recycling of the topside at Equinor’s Statfjord A platform in the the North Sea. The Statfjord A facility was originally built at Kvaerner’s specialised facility at Stord, Norway. 42 years after the tow-out to the field, it is now clear that the platform will […]

Equinor’s Statfjord A to shut down production in 2022

Equinor’s Statfjord A to shut down production in 2022

May 2, 2019 No Comments

The Statfjord A platform in the North Sea will shut down production in 2022, 43 years after first oil. This more than doubles the expected lifetime of the platform. Now the contract for removal and disposal of the topside has been signed, and the topside will be demolished at Stord – where it was built […]

Equinor wins 7 exploration blocks offshore Argentina

Equinor wins 7 exploration blocks offshore Argentina

April 17, 2019 No Comments

Equinor adds seven offshore exploration blocks to its portfolio, after presenting winning bids in the 1st Offshore Licensing Round in Argentina. The bid round was arranged in Buenos Aires on 16 April. Equinor submitted the winning bids for five blocks as operator. Equinor also participated in winning bids for one block to be operated by […]

Arkona offshore wind farm opened

Arkona offshore wind farm opened

April 16, 2019 No Comments

Chancellor of Germany Angela Merkel and Norwegian petroleum and energy minister Kjell-Børge Freiberg opened the Arkona offshore wind farm in the Baltic Sea in Mukran on the German island of Rügen today. Arkona is operated by the Germany company E.ON in collaboration with Equinor, and the formal opening of the project was hosted by the […]

NOK 6,7 billion Johan Sverdrup living quarters topside ready for sail-away

NOK 6,7 billion Johan Sverdrup living quarters topside ready for sail-away

March 18, 2019 No Comments

With 560 beds the Johan Sverdrup living quarters topside is the largest of its kind in Norway. The fourth and last platform for the first phase of the giant project is now ready for sail-away from Kværner’s yard on Stord to the Johan Sverdrup field, where it will be installed in a single lift. “This […]

Oil discovery from Visund in the North Sea

Oil discovery from Visund in the North Sea

March 4, 2019 No Comments

Equinor has, together with partners Petoro, ConocoPhillips and Repsol, made an oil discovery from the Visund A platform in the Telesto exploration well in the North Sea. The resources are estimated at 12-28 million barrels of recoverable oil. “We are pleased to have made a new discovery on Equinor-operated acreage on the Norwegian continental shelf […]

Page 1 of 812345»...Last »