Equinor ASA
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The energy sector in the U.K. is faced with several taxes, including the newest windfall tax, bringing the total tax rate to 75%.
A “small handful” of wells will be drilled in the Norwegian and the Barents Seas each, Jez Averty, Equinor’s head of exploration and…
Energy giants Shell Plc and Equinor ASA said they were evaluating their investment plans after last week’s decision to raise tax to 35…
The water depth of around 1,300 m (4,300 ft) makes Irpa, previously known as Asterix, one of the deepest finds to be developed…
Lars Christian Bacher initially stepped down from his role as CFO of Equinor in November 2020, with finance executive Svein Skeie…
New Financings
Executed debt capital market transactions comprised of the issuance of $750 million 1.75% notes due 2026…
Equinor launched a share buyback program of up to $5 billion over a period until the…
Executed debt capital market transactions through the issuance of EURO 850 million notes due 2020, EUR…
The company has commenced an underwritten public offering of 6,750,000 shares of common stock pursuant to…
Activity Highlights
Stavanger-based Equinor announced and oil discovery in offshore Norway production license PL 554. Recoverable resources are estimated at 8-23 MMbbl of oil equivalent. The #34/6-5 S and #34/6-5 ST2 are in the Garantiana West prospect and are…
Equinor announced oil and gas discovery in the Norwegian Sea in a new segment belonging to the Tyrihans Field. Recoverable resources are so far estimated at 19–26 MMbbl of oil equivalent. Exploration well #6407/1-A-3 BH is in production license…
Equinor announced a significant discovery on the Norwegian continental shelf. Preliminary estimates place the size of the discovery between 75-120 MMboe of recoverable oil equivalent. Exploration wells #31/2-22 S and #31/2-22 A in the Blasto…
Equinor, based in Stavanger, announced an oil and gas discovery about 18 km southwest of Troll Field in PL 923. The target for exploration well #31/1-2 S was to prove petroleum in the Middle Jurassic Brent and Cook. The #31/1-2 S encountered a…
Equinor has received a drilling permit for wildcat well #34/6-5 S in offshore Norway production license PL 554. The well will be drilled from the West Hercules drilling facility after operations are completed at wildcat well #31/2-22 S with…
Transactions
Equinor Moves into US Power Market with Acquisition
Equinor Moves into US Power Market with Acquisition
Shell Buys Operating Stake in Equinor’s North Platte in US Gulf of Mexico
Shell Buys Operating Stake in Equinor’s North Platte in US Gulf of Mexico
Equinor, SSE to Buy UK’s Triton Power for $418 Million
Equinor, SSE to Buy UK’s Triton Power for $418 Million
Equinor Exits Bakken Shale in $900 Million Sale to EnCap-backed Firm
Equinor Exits Bakken Shale in $900 Million Sale to EnCap-backed Firm
Equinor Exits Bakken Shale in $900 Million Sale to EnCap-backed Firm
Equinor Exits Bakken Shale in $900 Million Sale to EnCap-backed Firm