Equinor News

Image Credit: ICONIC

ICONIC Installs First Instrumented Tubular Plug Offshore Norway

ICONIC, a Stavanger-based company developing wireless monitoring products for downhole applications, has said it has installed its first iTP (Instrumented Tubular Plug) in the Norwegian North Sea. The company, formed in 2020, was born out of ICON Instruments, which was awarded a LOOP contract with Equinor to to develop an instrumented tubular plug (ITP) with wireless communication, aimed at reducing cost related to "dry" wellhead operations by eliminating the need for wireline mobilization and rig-up for securing of the well.ICONIC said Monday the iTP was installed for a major international

Image Credit: Aker Solutions

Aker Solutions, Equinor Sign LoI for Askeladd Subsea System

Norway's Aker Solutions has received a letter of intent from Equinor to deliver the subsea production system for the Askeladd Vest natural gas development in the Barents Sea in northern Norway.The development of Askeladd Vest is phase two of the multi-phased Snøhvit gas development in the Barents Sea."We are pleased to extend the series of deliveries to Equinor under the NCS 2017+ framework agreement," said Luis Araujo, chief executive officer of Aker Solutions. He said: "The Askeladd Vest subsea production system is based on our standard technology and products currently

The Northern Lights template on the seabed. The Northern Lights carbon capture and storage (CCS) project, is Equinor's partnership with Royal Dutch Shell and Total, (Photo: Equinor)

Norway's Carbon Capture and Storage Project Estimated to Cost $2.6B

crowns, but that was was for three projects - fertilizer producer Yara ended its CCS project.The Norwegian state plans to cover about 80% of the costs, with the industry paying the rest, if a project is approved in the 2021 state budget, the oil and energy ministry said.Norway's oil and gas firm Equinor and its partners Shell and Total have been working to build a storage which could take up to 1.5 million tonnes of CO2 per year. (Reporting by Nerijus Adomaitis; Editing by Elaine Hardcastle)Equinor-led Group Approves Northern Lights CCS Projec

Hywind Scotland floating offshore wind farm (Credit Equinor)

ORE Catapult's Floating Wind Center Attracts Leading Offshore Energy Players

(ORE) Catapult said Monday that ten of the world’s leading offshore energy organizations have joined it  Floating Offshore Wind Centre of Excellence (FOWCoE) to drive forward the development of next-generation offshore wind technologies.Offshore wind developers EDF Renewables, EDP Renewables, Equinor, ESB, Mainstream Renewable Power, ScottishPower Renewables, SSE Renewables, and Offshore Wind Power Ltd (OWPL), a Joint Venture between the Green Investment Group and RIDG, are joined by energy companies Total and Shell in the Centre of Excellence.ORE's floating offshore wind center will focus

Aker Solutions Develops Faster Offshore Well Workover System

Norwegian engineering company Aker Solutions has said it has developed a modified workover system that enables faster and more cost-effective planned interventions. The concept will first be applied on Equinor’s Visund field in the North Sea, offshore Norway.Workover systems enable well access for subsea installation and completion, diagnostics, maintenance, repairs, enhanced production and finally plugging and abandonment.The operational concept entails delivering Aker Solutions’ multiWOS system by vessel and landing the system on either a subsea platform or a well. The vessel then

(Photo: Ørsted)

New Report Outlines Big Potential for Offshore Wind

hold some 80% of the world’s wind capacity potential. Representing another boost for overall capacity potential, these areas are typically further from shore where the wind generally blows stronger, resulting in higher turbine capacity factors.Today’s most proven floating wind turbines are Equinor’s Hywind, employed on the 88 MW Tampen project, and Principle Power’s WindFloat, being used on the 50 MW Kincardine project, but WER’s report looks at more than 50 floating wind concepts in various stages that are being studied across the globe. Just as is occurring for traditional

© Mike Mareen/AdobeStock

A New Role for Service Providers Amidst Energy Upheaval

month, for example, Shell has committed to a net-zero emissions goal by 2050, with CEO Ben van Beurden saying “society, and our customers, expect nothing less”.The success of the renewables industry so far is supported by the progressive work done to date by companies including Shell, BP and Equinor to diversify into other means of power generation. As the global energy industry continues to navigate an era of unprecedented transition with renewables at its heart, the sector needs to be prepared to adapt and change.As those who operate in the energy sector know, change has been a basic factor

The Sleipner field in the North Sea. (Photo: Øyvind Gravås and Bo B. Randulff / Equinor ASA)

Equinor Sanctions Sleipner Field Electrification

Norwegian energy company Equinor has made an investment decision to partly electrify the Sleipner field in the North Sea, offshore Norway.Equinor, with its partners  Vår Energi, LOTOS and KUFPEC on Tuesday filed a revised plan for development and operation to the authorities.The solution for the Sleipner field center will entail laying a new power cable from Sleipner to the Gina Krog platform, which will be tied into the area solution for power from shore on the Utsira High. During periods when the power need is greater than the capacity in the area solution, Sleipner will use gas turbines

Jim Cargill, Chief Executive, PlanSea Solutions - Credit: PlanSea Solutions

PlanSea's Software to Cut North Sea Logistics Costs, Emissions

University spin-out PlanSea Solutions is working on a software that could improve offshore oil and gas industry logistics in the UK North Sea, and save millions of pounds and cut CO2 emissions. The project is backed by the Oil & Gas Technology Centre (OGTC) and project partners BP, CNOOC, and Equinor, the software company established in 2017, said."The project builds on preliminary work undertaken by RGU and the OGTC to assess existing vessel utilization and efficiency in the UKCS. The study highlighted potential cost savings of up to 25% on an annual industry spend of over £300 million

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