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The Latest Breaking News from Equinor

1st US floating offshore wind auction nets $757M off Calif

The first-ever U.S. auction of leases to develop commercial-scale floating wind farms in the deep waters off the West Coast raised $757 million in bids, from mostly European companies

The Independent UK

Green light for offshore wind collaboration

The Foreign Investment Review Board (FIRB) has granted approval for Norwegian energy company Equinor to invest in Oceanex's NSW offshore wind project entities.

Newcastle Herald

Campaigners call for end to fossil fuel subsidy as windfall tax increases

THE UK Government’s move to increase the windfall tax on oil and gas companies "makes little difference" when it comes to…

The National (Scotland)

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Norway halts new oil field in Arctic – could Rosebank be next to be scrapped?

NORWEGIAN state-owned energy company Equinor has announced it is postponing an investment decision on a new oil field in the Arctic.

The National (Scotland)

Sturgeon urged to reject Rosebank oil field plan at COP27

Activist calls on First Minister to make similar statements to those against the Cambo site last year

Insider UK

UK's bulk-buy gas deal with Norway breaks down with winter electricity blackout worries

The 20-year, multi-billion pound deal with gas firm Equinor would have met Britain's energy needs against the risk of shortages over the winter months

Daily Mirror

Centrica and Equinor sign agreement for East Yorkshire hydrogen hub

The energy giants have joined forces to explore low-carbon hydrogen production

Birmingham Post

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Britain faces £100m loss over drilling at biggest new oil field, says research

Norwegian firm wants to develop Rosebank field in North Sea but Sunak’s tax break for fossil fuel producers could cost UK dear

The Guardian - UK

Victoria blows investment dollars to the Hunter

The Victorian government's plan to create a state-owned power industry could be a windfall for private investment in regions such as the Hunter, the head of offshore wind company Oceanex believes.

Newcastle Herald

North East energy sector players come together at 'pivotal moment' for the sector

The transition to low carbon energy generation was discussed at a meeting of key companies such as bp, Equinor and GE

Birmingham Post

Tyneside offshore specialist TechnipFMC seals deal worth more than £60m

The group's Newcastle and Houston firms have won an engineering, procurement, construction and installation contract with Shell

Birmingham Post

£15b project pipeline should make the Humber region the world's beacon for Net Zero industry

Appetite whet for projects close to fruition and illuminated in a powerful prospectus to be unveiled at imminent launch

Birmingham Post

Norway inspects subsea gas pipeline after Nord Stream blasts

Norway has deployed a specialist vessel to inspect a subsea gas pipeline to Germany because of safety concerns after suspected sabotage last month on two Nord Stream pipelines between Russia and Germany, according to sources and data.

Reuters

Irish arm of Norway-owned energy firm Equinor Energy had nearly €290m profit in 2021 - and paid no corporation tax

The pre-tax profit of €289.8m follows pre-tax losses of €138.9m in 2020 - a positive swing of €428.72m

Irish Mirror

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Birmingham Post

Hydrogen, carbon capture and offshore wind - all Humber infrastructure Chancellor aims to accelerate

Northern Powerhouse Rail and road improvements also flagged for the region

The Independent UK

Biden plans floating platforms to expand offshore wind power

The Biden administration hopes to develop floating platforms in the deep ocean for offshore wind towers that could power millions of homes and vastly expand offshore wind in the United States

Birmingham Post

Keadby Three lands on new Business Secretary Jacob Rees-Mogg's desk as planning examination completes

Carbon capture power project recommendation has been made to the new man at the helm of BEIS

Newcastle Herald

Norwegian energy company throws its weight behind Hunter offshore wind project

Norwegian energy company Equinor and Oceanex have joined forces to progress offshore wind opportunities in NSW, including the Hunter.

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The Conversation

Influential oil company scenarios for combating climate change don't actually meet the Paris Agreement goals, our new analysis shows

Several major oil companies, including BP and Shell, periodically publish scenarios forecasting the future of the energy sector. In recent years, they have added visions for how climate change might be addressed, including scenarios that they claim are consistent with the international Paris climate agreement.

Birmingham Post

East Coast Cluster chief on latest carbon capture sequencing success

14 of the 25 projects put forward earlier this year succeeded - we list all

Insider UK

Proposed Rosebank oil field 'will have lowest possible carbon footprint'

Equinor says a final investment decision could happen next year

The National (Scotland)

Activists vow to fight bid for huge new oil field in waters west of Shetland

ENVIRONMENTAL campaigners have vowed to fight a new oil field being brought online which is twice the size of Cambo, as a fossil fuel firm takes…

Birmingham Post

Pensana build begins as Business Secretary aims to ensure UK critical mineral supply for EV and wind markets

'Independent sovereign capability' sought as strategy launches alongside ground-breaking for Humber facility to supply materials to electric vehicle and offshore wind markets

Birmingham Post

High profile Humber eco-project finalists selected as next generation inspired to act on environment

Winner of Waterline Summit Sustainability Challenge will be annnounced at annual summit in October

Benzinga

Equinor (EQNR) Scores Deal To Acquire East Point Energy

Equinor ASA EQNR entered an agreement to acquire battery storage developer East Point Energy LLC, marking its entry into the U.S. power market through flexible assets. The agreement backs Equinor's strategy of a clean energy economy and would provide a forum to expand its contributions in the United States.

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