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Equinor ASA (EQNR)
After hours:
- Reuters
Equinor seeks to revive costly Norway, Canada oil prospects
Equinor has signed a long-term deal with engineering companies to help drive down the cost of developing two offshore oil discoveries that were previously postponed, the Norwegian energy group said on Thursday. The agreement with the Subsea Integration Alliance, an oilfield services group comprising Subsea7 and OneSubsea, could help revive plans to develop Norway's Wisting field and Canada's Bay du Nord, potentially unlocking around one billion barrels of oil. "Selecting the supplier at this early stage is a new way of approaching project development for us," Equinor project development head Trond Bokn said in a joint statement with Subsea7.
- Zacks
Equinor (EQNR) Q1 Earnings and Revenues Beat Estimates
Equinor's (EQNR) Q1 earnings benefit from increased production across its segments. However, lower price of gas partially offset the positives.
- Zacks
Transocean (RIG) to Support Equinor's Barents Sea Endeavours
Transocean (RIG)-owned Transocean Enabler rig's latest award involves a 19-well contract, along with eight additional well options. The rig has been used by Equinor (EQNR) for several years.
