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Nerijus Adomaitis

Equinor halts some Mongstad gasoline production, evacuates workers after leak

Dec 10 2018

OSLO Equinor's Mongstad oil refinery on Norway's west coast evacuated 300 workers and halted part of its gasoline production following a leak, the company said on Monday.

Equinor gets OK to extend Troll gasfield lifetime beyond 2050

Dec 07 2018

OSLO Equinor has received government approval for its plan to boost output and extend the lifetime of Troll, Norway's largest oil and gas field, the company said on Friday.

Faroe Petroleum's asset swap with Equinor could raise stakes in DNO bid battle

Dec 05 2018

OSLO Faroe Petroleum has struck a deal to swap Norwegian oil and gas assets with Equinor, in a move that could raise the price that hostile bidder DNO has to pay to secure the British energy company.

Norway's Equinor to start talks with Tanzania over LNG project

Dec 04 2018

OSLO Norway's Equinor is ready to start talks with Tanzania on developing a liquefied natural gas (LNG) project based on a deepwater offshore discovery, the company said on Tuesday.

Aker BP's Ula oilfield needs more maintenance - Norway safety watchdog

Dec 03 2018

OSLO, Dec 3 Aker BP has not done enough to maintain its ageing Ula oilfield in the North Sea and has failed to meet other requirements, the Norwegian Petroleum Safety Authority (PSA) said on Monday.

Fred. Olsen shareholder proposes name change to Dolphin Drilling

Nov 29 2018

OSLO, Nov 29 The biggest shareholder in Fred. Olsen Energy on Thursday proposed changing the company's name, days after it blamed the latest oil price plunge for the collapse of a rig sale deal to raise money to cut debts.

Seadrill CEO sees 2019 as another challenging year

Nov 27 2018

OSLO The coming year will be another challenging one for offshore drillers due to a surfeit of rigs even though prices are starting to improve, the chief executive of Seadrill told Reuters on Tuesday.

Norway's Seadrill sees uptick in contracting rigs market from 2019-20

Nov 27 2018

OSLO, Nov 27 Norwegian offshore drilling rig firm Seadrill Ltd sees the contracting rigs market improving from 2019-20, as it reported its first quarterly results on Tuesday since emerging from Chapter 11 bankruptcy in July.

Oil markets heading into unprecedented uncertainty: IEA's Birol

Nov 20 2018

OSLO Oil markets are entering an unprecedented period of uncertainty due to geopolitical instability and a fragile global economy, the head of the International Energy Agency said on Tuesday.

Aker BP to control Norwegian oil platform from onshore next year

Nov 15 2018

OSLO, Nov 15 Aker BP said it will become the first oil company in Norway to control operations of a permanently manned offshore platform from land from next year.

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