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Pin to quick picksEquinor Adr Rep Share News (0A7F)

Share Price Information for Equinor Adr Rep (0A7F)

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BP, EnBW, oil majors join Scottish windpower lease auction

Mon, 19th Jul 2021 11:12

(Sharecast News) - BP and Germany's EnBW have put in a joint bid for Scottish offshore wind acreage which could support wind projects with 2.9 gigawatts of capacity, the two companies said on Monday.
BP said its joint bid with EnBW would bring multi-billion pound investments into Scottish offshore wind projects and support infrastructure including ports, harbours and shipyards.

Other firms competing include Equinor, Orsted, Royal Dutch Shell, RWE, France's TotalEnergies and Macquarie Group's Green Investment Group.

The leases will be in big demand as oil producers look to diversify from fossil fuels and expand their renewable power portfolios.

Equinor said the ScotWind leasing round was a good strategic fit with its ambition to expand North Sea offshore wind capacity and offered a great opportunity to develop large floating offshore wind projects at scale

The firm already operates the small Hywind floating offshore wind farm (30 megawatt), off the northeast coast of Scotland, and is a partner in several other British offshore wind farms.

Norwegian offshore wind developer Magnora Offshore wind also confirmed that it submitted application for two zones in Scotland together with TechnipFM.

The results of the ScotWind leasing round are expected to be announced early next year.
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6 Sep 2022 14:24

European energy trading strained by $1.5trn in margin calls

(Sharecast News) - Europe's energy firms are under pressure as so-called margin calls for at least $1.5trn strain their liquidity, Norwegian oil major Equinor said.

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5 Jul 2022 13:31

European natural gas prices spike as Equinor workers strike

(Sharecast News) - European natural gas prices were on the rise again after workers at Norway's Equinor initiated a strike action overnight.

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28 Jun 2022 07:06

SSE partners with Equinor to acquire Saltend Power Station operator

(Sharecast News) - Scottish energy firm SSE and Norwegian petroleum refining company Equinor have jointly agreed to acquire Saltend Power Station operator Triton Power Holdings from Energy Capital Partners for a total of £341.0m, shared equally between the partners.

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2 Mar 2022 10:31

Apple, Airbus join growing list of firms cutting ties with Russia

(Sharecast News) - The list of companies cutting ties with the Russian regime grew on Wednesday, with Apple, Airbus, Boeing and Exxon all responding to Moscow's unprovoked invasion of Ukraine.

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20 Sep 2021 12:58

Norway's Equinor ramping up gas exports to Europe

(Sharecast News) - Norwegian state-run energy company Equinor and its partners have been given the green light to increase gas exports from two offshore fields for a year as European supply shortages cause a spike in prices.

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20 Sep 2021 12:58

Norway's Equinor ramping up gas exports to Europe

(Sharecast News) - Norwegian state-run energy company Equinor and its partners have been given the green light to increase gas exports from two offshore fields for a year as European supply shortages cause a spike in prices.

Read more

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