Equinor | Egypt Oil & Gas - Part 8

Equinor Appoints Ulrica Fearn as CFO, Executive Vice President

Equinor Company announced the it has appointed Ulrica Fearn as Chief Financial Officer (CFO) and Executive Vice president to take on role the position starting from 16 June 2021.

Equinor Buys Onshore Assets in Russia

Equinor has agreed to buy a 49% interest in Russian onshore petroleum assets from Rosneft for $550 million (mm).

Equinor Joins the NortH2 Green Hydrogen Project

Equinor joins the NortH2 project which targets to produce green hydrogen using renewable electricity from the offshore wind off the coast of the Netherlands.

Equinor to Increase Production at Sverdrup to 500,000 bbl/d

The Johan Sverdrup field is set to increase capacity to reach around 500,000 barrels of oil per day (bbl/d), a 30,000 bbl/d increase from its current capacity.

NPD Grant Equinor Permission to Expand in the Snorre Field

The Norwegian Petroleum Directorate (NPD) has granted permission to Equinor to expand the Snorre field in the North Sea, which consists of six subsea templates.

Equinor Awards 3 Service Contracts in Bacalhau Field

Halliburton, Schlumberger, and Baker Hughes, three of the largest service field providers, have been awarded contracts for drilling and well services by Equinor for the Bacalhau field in Brazil.

Equinor Aims For Net-Zero Emissions by 2050

Equinor has announced its ambition to become a net-zero energy company by 2050.

TechnipFMC Awarded EPC Contract for Breidablikk 

TechnipFMC has been awarded a significant Engineering, Procurement, Construction and Installation (EPCI) contract by Norway’s state-run Equinor for the Breidablikk Pipelay in the North Sea.

Norway Reaches Agreement to End Labour Strike

Norwegian oil firms have come to an agreement to sort out the wage dispute that has wreaked havoc through the Norwegian oil market for the past ten days.

Norway Strikes Threaten to Curtail Norway’s Output by 8%

Norwegian oil workers expanded their ongoing strike on Monday, leading to the potential shutting off of oil and gas production at six offshore fields.

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