Equinor completes transactions with Faroe on NCS assets

Published by Nicholas Woodroof, Editor
Oilfield Technology, Wednesday, 01 May 2019 10:00

Equinor and Faroe Petroleum have completed the series of transactions that were previously announced in December 2018.

As a result of these transactions Equinor has strengthened its operated position in the Njord area and remains operator and majority equity holder in Alve, while reducing its exposure to non-core and partner-operated assets.

Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/01052019/equinor-completes-transactions-with-faroe-on-ncs-assets/

Significant UK gas reserves used through flaring and venting

Friday 31 March 2023 08:43

The UK has lost about 13 billion cubic metres (bcm) of indigenous gas reserves through flaring and venting over the past 10 years, exposing oil and gas operators to £2.6 billion in lost gas sales and £1 billion in Emissions Trading System (ETS) payments.

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