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Norways Seadrill Writes Down $2.9 Billion on Its Oil Rigs
2021-03-04 15:05:20| OGI
Offshore drilling rig contractor Seadrill said on March 4 it had taken an additional $2.9 billion non-cash impairment on its assets due to a bleak outlook for the sector, which has reduced demand for its drilling rigs.
Equinor Makes Oil Discovery Near Norways Troll Field
2021-02-05 14:41:55| OGI
The reservoir is expected to contain between 44 million and 69 million barrels of oil equivalent, Equinor said.
Tags: makes
field
oil
discovery
Norways Equinor Completes Oil Sands Exit with Athabasca Sale
2021-01-20 23:45:00| OGI
Equinor, formerly called Statoil, received the Athabasca Oil shares in 2017 as part of a deal to sell its Kai Kos Dehseh oil sands project in the Canadian province of Alberta.
Labor Union Warns of Potential Strike at Norways Onshore Oil, Gas Facilities
2021-01-15 15:26:34| OGI
No date has yet been set for the negotiations, which will be led by a government-appointed mediator.
Tags: potential
facilities
union
gas
Norways Equinor Selected for Largest-ever US Offshore Wind Award
2021-01-14 21:00:00| OGI
The contract awarded to Equinor to provide generation capacity to New York with renewable power is set to position the Empire State as an offshore wind industry hub.
Tags: selected
award
wind
offshore