Equinor awarded 39 new production licences on the Norwegian continental shelf
(UTC)
Equinor was awarded 39 new production licences by the Ministry of Energy in this year's Awards in Predefined Areas (APA).
About Equinor and exploration on the Norwegian continental shelf
- Equinor is the operator of, or participating in 20-30 exploration wells on the NCS.
- Around 80 percent will be near existing infrastructure and in known geology.
- Around 20 percent are new ideas that are being developed based on continuous development of our knowledge of the geology offshore.
- Existing fields are being depleted and produce less oil and gas over time. In order to meet our customers’ demands, we still need to look for new energy sources.
- Even as we are moving towards a net-zero future, the world still needs predictable, reliable, and stable energy supplies. Exploration is key in this regard.
- With three gas processing plants, one oil refinery, two oil terminals, an LNG plant, and a pipeline network of nearly 9000 km. the Norwegian oil and gas infrastructure is strategically positioned for energy deliveries to our most important markets in Europe and the UK.
Latest news
Ex. dividend fourth quarter 2023 today
The shares in Equinor ASA (OSE: EQNR; NYSE: EQNR) will as from today be traded exclusive the fourth quarter 2023 cash dividend as detailed below.
Minutes from the Annual General Meeting 2024
On 14 May 2024, the annual general meeting in Equinor ASA (OSE: EQNR, NYSE: EQNR) approved the annual report and accounts for Equinor ASA and the Equinor group for 2023, as proposed by the board of directors.
Equinor and Petoro agree to harmonise equity interests
Equinor and Petoro have entered into a value-neutral asset swap agreement in the Haltenbanken area.