Equinor has agreed to sell a 40.8125% interest in and transfer operatorship of the Bressay oil field development on the UK continental shelf to EnQuest.
Equinor reports adjusted earnings of USD 0.35 billion and USD 0.65 billion after tax in the second quarter of 2020. IFRS net operating income was negative USD 0.47 billion and the IFRS net income was negative USD 0.25 billion.
Key information relating to the cash dividend to be paid by Equinor for second quarter 2020.
The shares purchased by DNB on behalf of Equinor on 15 July 2020 for use in the group's share saving plan have on 20 July 2020 been distributed to the employees in accordance with their savings amount.
In line with the objective for the share buy-back program, the share capital shall be reduced to NOK 8,144,219,267.50, by deletion or redemption of total 80,973,512 shares.
On behalf of Equinor, DNB has on 15 July 2020 purchased 768,895 shares for use in the group's Share saving plan.
On behalf of the Oseberg partners, Equinor has awarded Aibel a portfolio agreement for the Oseberg fields for the period 2020-2026.
Equinor and its licence partners Source Energy AS and Wellesley Petroleum AS have discovered gas and condensate in exploration well 30/2-5 S Atlantis.
Equinor and its partners have signed a letter of intent with Odfjell Drilling for the Deepsea Atlantic rig to drill 12 wells during phase 2 of the Johan Sverdrup field development, following its work on phase 1.
Equinor has, on behalf of the licence partners, awarded Apply a framework agreement for engineering and installation services on the North Sea Statfjord field.
Equinor is leading a project to develop one of the UK’s – and the world’s – first at-scale facilities to produce hydrogen from natural gas in combination with carbon capture and storage (CCS). The project, called Hydrogen to Humber Saltend (H2H Saltend), provides the beginnings of a decarbonised industrial cluster in the Humber region, the UK’s largest by emissions.
On behalf of the license partners, Equinor has awarded two contracts and issued a letter of intent to TechnipFMC for pipelaying and subsea installation for three projects on the Norwegian continental shelf (NCS).
The shares purchased by DNB on behalf of Equinor on 15 June 2020 for use in the group’s share saving plan have on 18 June 2020 been distributed to the employees in accordance with their savings amount.
On behalf of Equinor, DNB has on 15 June 2020 purchased 766,528 shares for use in the group's Share saving plan.
The parties have entered into an agreement on commercial terms for a coordinated development of the licenses Krafla, Fulla and North of Alvheim (NOA) on the Norwegian Continental Shelf.