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Equinor (EQNR) Extends Waste Management Contract With Soiltech
Zacks Investment Research· 2024-04-18 13:26
Equinor ASA (EQNR) , the Norwegian state-owned energy giant, has opted to extend its drilling waste management contract with a local cleantech service provider, Soiltech, marking a significant stride toward pursuing sustainable operations in the North Sea.The extension includes Equinor exercising its first option to prolong the drilling waste management contract for a platform in the North Sea with Soiltech. The contract, now extended for two years, will be effective from Jun 1, 2024, to May 31, 2026. Equin ...
Equinor: Outperformance Since My Last Piece - Downgrading To 'Hold'
Seeking Alpha· 2024-04-17 11:01
JHVEPhotoDear readers/followers, It hasn't been all that long since my last article on Equinor (OTCPK:STOHF) in March - but the company is worth your attention at this time nonetheless. It has an attractive yield, and at the right valuation, and right investment perspective and entry, an excellent upside. Since I last posted my piece on Equinor, a piece which by the way you can find here, the company has shown us outperformance, rising 5% while the market has gone negative. While this is not a major mov ...
Equinor (EQNR) Boosts Electrification Efforts Offshore Norway
Zacks Investment Research· 2024-04-08 18:31
Equinor ASA (EQNR) , the Norwegian state-owned energy giant, has announced a significant step in its efforts to curb carbon emissions from the Norwegian Continental Shelf. Equinor aims to cut down approximately 160,000 tons of CO2 per year through the utilization of power from shore.A key aspect of this initiative is the partial electrification of assets on Utsira High, a strategic area for oil and gas production off the coast of Norway. Equinor has confirmed that installations, including the Sleipner field ...
Equinor (EQNR) Deepens Marine Services Pact With DeepOcean
Zacks Investment Research· 2024-04-05 12:16
Equinor ASA (EQNR) , the Norwegian state-owned energy giant, has inked a significant deal with homegrown ocean services provider DeepOcean, solidifying their partnership in subsea infrastructure and cable repair for both offshore oil & gas and renewable energy sectors.Under the agreement, Equinor and DeepOcean will engage in a comprehensive array of marine services, including subsea intervention and repair contingencies for pipelines, structures and high-voltage cables. The duration of this strategic allian ...
Equinor (EQNR) and Eneco Exit Dutch Offshore Wind Tender
Zacks Investment Research· 2024-04-01 16:46
Equinor ASA (EQNR) , in partnership with Dutch utility company, Eneco, has announced its withdrawal from the ambitious 4-GW offshore wind tender in the Dutch North Sea.The decision marks a significant turn of events for the renewable energy sector in the Netherlands, particularly given the size and potential impacts of the project within the IJmuiden Ver wind farm zone.The tender, which opened its doors for bids in February and concluded on Mar 28, has been a focal point for the development of renewable ene ...
Equinor(EQNR) - 2023 Q4 - Annual Report
2024-03-21 10:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF ...
Equinor presents 2023 Integrated annual report
Newsfilter· 2024-03-21 07:45
Equinor ASA ((OSE: EQNR, NYSE:EQNR) publishes 2023 Integrated annual report, combining financial and sustainability reporting. "In 2023 geopolitical tensions and challenging macroeconomics drove volatility in the energy markets, making access to affordable and sustainable energy less secure. Equinor continues to broaden our portfolio, to deliver the energy needed today, while developing the energy solutions for tomorrow," says Anders Opedal, President and CEO of Equinor ASA. The report for 2023 integrates t ...
Equinor (EQNR) Commits $6B in Oil and Gas Investment in Norway
Zacks Investment Research· 2024-03-20 17:06
Equinor ASA (EQNR) has committed to an ambitious $6-billion annual investment in oil and gas exploration and drilling in Norway to obtain steady production through 2035, per a Reuters report.The decision comes at a crucial time, as Equinor steps up to become Europe’s primary gas supplier, filling the gap left by reduced Russia gas imports after the EU’s sanctions following the Ukraine conflict.Per Equinor’s CEO, Anders Opedal, this investment represents the maximum the company can allocate without compromis ...
Election to Equinor's board of directors
Newsfilter· 2024-03-20 15:04
In a meeting in the corporate assembly of Equinor ASA ((OSE:EQNR, NYSE:EQNR) on 20 March 2024 Mikael Karlsson was elected as new member to Equinor's board of directors. Karlsson is partner and Vice Chairman of Actis Capital, a leading global investor in sustainable infrastructure. In the period 2021-2023 he was Chief Investment Officer in Actis, in 2012 he became partner in Actis and had the role as Head of Energy and Infrastructure from 2015-2021. From 2009-2015 he was CEO in Globeleq, an Actis portfolio c ...
This High-Yield Dividend Stock Has Big Plans for Rewarding Its Shareholders
The Motley Fool· 2024-03-17 09:04
When you think about large integrated oil majors, companies like ExxonMobil, Chevron, Shell, TotalEnergies, and BP probably come to mind first. But Norwegian energy giant Equinor (EQNR -0.08%) is also up there.Unlike its peers, which have a more distributed ownership base, 75% of Equinor is owned by the Norwegian state and Norwegian private owners. Only 12% of its shareholders resided in the U.S. as of the end of 2022.Here's why Equinor is a high-yield dividend stock for passive income investors to consider ...