After being suspended in April, the Trump administration lifted the freeze on Equinor’s offshore Empire Wind project, reviving a $2.5bn construction site expected to power 500,000 homes.
After being suspended in April, the Trump administration lifted the freeze on Equinor’s offshore Empire Wind project, reviving a $2.5bn construction site expected to power 500,000 homes.
Subsea7 has been awarded a major contract by Equinor for Phase 2 of the Northern Lights project, involving the installation of a CO2 pipeline offshore Norway, with operations scheduled for 2026 and 2027.
Subsea7 has been awarded a major contract by Equinor for Phase 2 of the Northern Lights project, involving the installation of a CO2 pipeline offshore Norway, with operations scheduled for 2026 and 2027.
The global offshore wind industry is expected to see a rebound in 2025, with capacity additions reaching 19 GW and total projected investments of $80 billion, according to Rystad Energy's forecasts.
The global offshore wind industry is expected to see a rebound in 2025, with capacity additions reaching 19 GW and total projected investments of $80 billion, according to Rystad Energy's forecasts.
Norwegian energy companies Equinor, Aker BP and Vår Energi see their offshore oil and gas projects undergo significant cost increases, mainly due to inflation, delays and currency fluctuations.
Norwegian energy companies Equinor, Aker BP and Vår Energi see their offshore oil and gas projects undergo significant cost increases, mainly due to inflation, delays and currency fluctuations.
Norway allocates 35 billion NOK to support the development of floating wind, targeting a capacity of 2.25 GW by 2025. This strategic initiative strengthens the country's offshore energy transition.
Norway allocates 35 billion NOK to support the development of floating wind, targeting a capacity of 2.25 GW by 2025. This strategic initiative strengthens the country's offshore energy transition.
Norway has launched the world's first commercial CO2 transport and storage service, marking a milestone in the management of industrial emissions in Europe thanks to the Northern Lights project.
Norway has launched the world's first commercial CO2 transport and storage service, marking a milestone in the management of industrial emissions in Europe thanks to the Northern Lights project.
Prio is in advanced discussions with Sinochem to acquire a 40% stake in the Peregrino oil field.
The deal, valued at $1.9 billion, could significantly boost Prio's production.
Prio is in advanced discussions with Sinochem to acquire a 40% stake in the Peregrino oil field.
The deal, valued at $1.9 billion, could significantly boost Prio's production.
The Johan Castberg field launches a new phase of exploration in the Arctic, vital for Europe's gas future in the face of declining resources in the North Sea.
The Johan Castberg field launches a new phase of exploration in the Arctic, vital for Europe's gas future in the face of declining resources in the North Sea.
Shell and Equinor's oil projects in the UK are facing a judicial review initiated by Greenpeace UK, threatening their development in the midst of the energy crisis.
Shell and Equinor's oil projects in the UK are facing a judicial review initiated by Greenpeace UK, threatening their development in the midst of the energy crisis.
Norway launches the world's first commercial CO2 transport and storage service.
The project could transform emissions management for hard-to-decarbonize industries.
Norway launches the world's first commercial CO2 transport and storage service.
The project could transform emissions management for hard-to-decarbonize industries.
