Equinor’s Troll Phase 3 project has been described as a real Kinder surprise. It’s Equinor’s most profitable project ever and comes with a minimum CO2 intensity for an offshore project. Elaine Maslin takes a look.

On many levels, 2020 was a pretty horrific year, “a year like no other”, according to Mike Beveridge, managing director of energy investment firm Simmons Energy, a division of Piper Sandler. It’s easy to see why. A dip into a negative WTI contract prices, Brent troughing at $23/b – the indicators were all pretty grim. The scary thing is, it could have been worse. But there is light at the end of the tunnel.

New York City on Thursday sued three major oil companies and the top industry trade group in state court, arguing that the companies are misrepresenting themselves by selling fuels as "cleaner" and advertising themselves as leaders in fighting climate change.

Schlumberger and Equinor announced a strategic project, in collaboration with Microsoft, to deploy the DELFI cognitive E&P environment, with seamless integration to the OSDU Data Platform. This project aims to accelerate Equinor’s ability to integrate data at scale and improve decision making.

Equinor and partners Petoro, Shell, Total and ConocoPhillips have decided in favour of Troll West electrification, and today submit the plan for development and operation to the minister of petroleum and energy. The decision includes partial electrification of the Troll B platform and full electrification of Troll C in the North Sea.

Nigerian President Muhammadu Buhari reversed a government decision to revoke four oil permits from a unit of China’s Sinopec.

Norwegian oil and gas giant Equinor last year said that the delivery of an FPSO, being built for the Johan Castberg field development in the Barents Sea,

Norway-based Undertun Industri has signed a contract to provide rental of a 15m Motion Compensating Gangway to the Australian offshore vessel operator MMA Offshore.

April 20, 2021, marks the eleventh anniversary of the biggest ever oil industry disaster in the U.S. Gulf of Mexico, in which 11 people died after the Transocean semi-submersible drilling rig Deepwater Horizon exploded and sank at BP's Macondo well location, followed by a huge oil spill that kept flowing into the sea for 87 days.

Danish offshore drilling company Maersk Drilling has won a one-well contract extension for its Maersk Integrator jack-up drilling rig with Aker BP in Norway.