Equinor | Egypt Oil & Gas - Part 4

Equinor Achieves Record Profits for 2022

Equinor’s announced that it made record net profits of up to $28.7 billion compared to $8.6 billion a year earlier, Reuters reported. According to the report, their adjusted earnings before tax and interest (EBT...

Equinor, Hitachi Energy Ink Agreement to Accelerate Energy Transition

Equinor and Hitachi Energy inked a strategic collaboration to collaborate within electrification, renewable power generation and low-carbon initiatives worldwide. The partnership highlights both businesses’ dedi...

Equinor Secures Acquisition of Leading Danish Solar Developer BeGreen

BeGreen, a leading solar project developer in North-West Europe, has agreed to be purchased by Equinor. Equinor’s skills and portfolio in solar PV will be strengthened by the acquisition. “BeGreen represents an ...

Equinor Considers Selling a 28% Stake in Statfjord Field

Norway’s Equinor is considering selling a 28% share in the Statfjord field, which spans the Norwegian and British continental shelves, as well as minor stakes in a number of satellite fields, According to a pres...

Four Oil Giants Halt Legal Action Against Nigeria’s NNPC

Four major oil giants, ExxonMobil, Shell, Chevron, and Equinor, have agreed to end their lawsuits that collectively attempted to enforce multibillion dollar arbitration awards against a Nigerian state-owned oil compan...

Equinor’s H2H Saltend Facility Progresses Through Phase-2 of Cluster Sequencing Process

Department for Business, Energy, and Industrial Strategy (BEIS) announced that Equinor’s Hydrogen to Humber Saltend (H2H Saltend) production facility has been successfully progressed through Phase-2 of the government’...

Per Martin Labråten Sells 2,300 Equinor Shares

Shares in Equinor ASA (OSE: EQNR, NYSE: EQNR) have been sold by a primary insider: Per Martin Labråten, a board member at Equinor ASA, has sold 2,300 Equinor shares on 1 August 2022 for NOK 367.20 per share. The attac...

Equinor’s Q2 Safety Results Indicate No Incidents with Accident Potential, Commitment to Improving Safety

Equinor‘s recently released second quarter 2022 safety results showed no incidents with major accident potential in the second quarter. The report added that the frequency of serious incidents is the same as in ...

Equinor’s Strike-Affected Fields Resume Production

After a strike by members of the Norwegian Organization of Managers and Executives (Lederne) was called off, the Gudrun, Oseberg South, and Oseberg East fields have started production. In connection with this yearR...

Strike Forces Equinor to Begin Shutting Down Its Norwegian Oilfields

Due to a strike by members of the Norwegian Organisation of Managers and Executives (Lederne), Equinor has shut down the Gudrun, Oseberg South, and Oseberg East fields. Lederne members voted in a referendum against th...

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