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The planned restart of Equinor s Hammerfest liquefied natural gas plant, which was evacuated and shut earlier this week due to a gas leak, has been postponed until Saturday, transparency data showed. ....
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The planned restart of Equinor s Hammerfest liquefied natural gas (LNG) plant, which was evacuated and shut earlier this week due to a gas leak, has been postponed until Saturday, transparency data showed on Friday. [Image" Equinor] ....
OSLO (Reuters) -Equinor on Thursday posted higher-than-expected profits for the first quarter and said this was driven by high production in its native Norway and strong operational performance. The Norwegian oil and gas producer's adjusted earnings before tax for January-March fell to $7.53 billion from $11.92 billion a year earlier amid lower gas prices, beating the $7.2 billion seen in a poll of 22 analysts compiled by Equinor. The decline in gas prices was only partially offset by production growth and increased oil prices, the company said. ....
Norway's Equinor is confident of finding an investor for its planned Empire Wind 1 offshore wind farm in New York after a new power off-take agreement improved the project's economics, the company said on Thursday. New York State authorities in February awarded the project a new conditional power purchase contract, replacing a previous deal that was no longer competitive due to rising construction costs, higher interest rates and supply chain snags. Equinor was glad to have received the new contract, which significantly changed the economics of the project, CFO Torgrim Reitan told analysts during an earnings call on Thursday. ....