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Norways Seadrill Writes Down $2.9 Billion on Its Oil Rigs

2021-03-04 15:05:20| OGI

Offshore drilling rig contractor Seadrill said on March 4 it had taken an additional $2.9 billion non-cash impairment on its assets due to a bleak outlook for the sector, which has reduced demand for its drilling rigs.

Tags: oil billion writes rigs

 

Equinor Makes Oil Discovery Near Norways Troll Field

2021-02-05 14:41:55| OGI

The reservoir is expected to contain between 44 million and 69 million barrels of oil equivalent, Equinor said.

Tags: makes field oil discovery

 
 

Norways Equinor Completes Oil Sands Exit with Athabasca Sale

2021-01-20 23:45:00| OGI

Equinor, formerly called Statoil, received the Athabasca Oil shares in 2017 as part of a deal to sell its Kai Kos Dehseh oil sands project in the Canadian province of Alberta.

Tags: sale oil exit sands

 

Labor Union Warns of Potential Strike at Norways Onshore Oil, Gas Facilities

2021-01-15 15:26:34| OGI

No date has yet been set for the negotiations, which will be led by a government-appointed mediator.

Tags: potential facilities union gas

 

Norways Equinor Selected for Largest-ever US Offshore Wind Award

2021-01-14 21:00:00| OGI

The contract awarded to Equinor to provide generation capacity to New York with renewable power is set to position the Empire State as an offshore wind industry hub.

Tags: selected award wind offshore

 

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