stat oil

Equinor’s share saving plan allocates shares

The shares purchased by DNB on behalf of Equinor (OSE: EQNR, NYSE: EQNR) on 15 July 2019 for use in the group’s Share Saving Plan have on 18 July 2019 been distributed to the employees in accordance with their savings amount. Statoil – All News

Improved recovery from Gudrun

The Gudrun partners have decided to invest in a water injection plant on the Gudrun field to improve reservoir recovery. This will extend the field life by three years compared to the original plan. Statoil – All News

Trestakk on stream

Production from the Trestakk subsea field on Haltenbanken in the Norwegian Sea started on 16 July. Tied back to the Åsgard A floating production vessel, the field has estimated recoverable resources of 76 million barrels of oil. Field production started on time, below budget and without any serious incidents. Statoil – All News

Notifiable trading

On behalf of Equinor (OSE: EQNR, NYSE: EQNR), DNB has on the 15th of July 2019 purchased 592,725 shares for use in the group’s Share saving plan. Statoil – All News

Floating offshore wind project in South Korea

Equinor, Korea National Oil Corporation (KNOC) and the Korean power company Korea East-West Power (EWP) have formed a consortium to develop the floating offshore wind project Donghae 1 off Ulsan in South Korea. Statoil – All News

More oil in the Oseberg area

Equinor has, on behalf of the Oseberg partners, made a profitable oil discovery related to Oseberg Vestflanken. The well was drilled by the Askepott rig and the discovery will soon be put on stream via the new, unmanned and remote-operated H platform on the Oseberg field. Statoil – All News

Cooperation on Wisting and Hades/Iris

Equinor and OMV have signed two memorandums of understanding (MoU) to cooperate on both the Wisting development in the Barents Sea and the concept development for the Hades/Iris discovery in the Norwegian Sea. Statoil – All News