Equinor

Petrobras agreed to buy half of the Itaimbezinho exploration block from Norway’s Equinor. Equinor remains the operator with the other half, and a state body manages the production-sharing contract. The block is located offshore in the Campos Basin, a veteran oil region.

Tanzania aims to sign a $42 billion LNG project host agreement by mid-2026, led by Equinor, Shell, ExxonMobil, and TPDC. The deal involves the development of Tanzania's liquefied natural gas resources.

The New York Attorney General is suing over a deal involving Trump paying a French firm to cancel an offshore wind project. Prosecutors argue a federal judge should overturn the $795 million offshore wind lease cancellation, calling it 'blatantly unlawful.'

Europe reduced Russian gas imports by 87% between 2021 and 2025, shifting toward American LNG and other suppliers. A 2026 regional conflict disrupted the Strait of Hormuz, causing energy prices to surge and threatening European gas storage stability.

Norway is Germany's main supplier of natural gas and Equinor may discuss buying oil from more expensive wells with Germany. Norway's role in supplying energy to Germany is significant. This discussion may impact the energy market.

Norway's Equinor expects a boost to its transition industries due to the Iran war. The company shared this information with CNBC. This development may impact the energy sector.

Danske Commodities A/S, a subsidiary of Equinor, is cutting 5% of its staff as part of a strategic shift. The company's Aarhus, Denmark office is mentioned in the article, which includes a photographer credit.