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North Sea oil news

Jacket contract for Johan Sverdrup phase 2

Equinor and the Johan Sverdrup licence have awarded a jacket contract for the processing platform for Johan Sverdrup phase 2 to Kværner. The contract value is around NOK 900 million.

 
 
 
 
 
 
 
 
 

Equinor announces 3Q18 financial results

The Norwegian company has reported adjusted earnings of US$2 billion after tax in 3Q18, and reduced its net debt ratio by 1.5% to 25.7%.