Technology | December 12, 2025
Wood lands $27 million contract to upgrade key North Sea infra for Equinor
Wood’s scope includes enabling gas import from Snorre
Wood’s scope includes enabling gas import from Snorre
The worker was treated by health personnel at the scene, but his life could not be saved
Equinor will supply up to 23 terawatt hours of natural gas (around 2 billion cubic meters) annually to BASF
Northern Lights will increase its CO2 storage capacity to more than 5 million tonne per year
This direct award follows an integrated Front End Engineering and Design (iFEED) study
The agreement ensures a reliable supply of these key petrochemical feedstocks at competitive commercial terms
The volume weighted average price for the 10 percent stake is DKK 398.5 per share equaling a total consideration of US$ 2.3bn
It could transport and store up to 4 million tonnes of captured carbon dioxide emissions per year from three Teesside projects initially
The new independent producer will be jointly owned by Equinor (50%) and Shell (50%)
With $500 million of committed capital, the joint investment seeks to support promising, high-impact projects, primarily in Sub-Saharan Africa, South and Southeast Asia
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