Equinor Seeks Investments in India

Wednesday, October 31, 2018

Norwegian energy firm Equinor is exploring investment opportunities in India, its chief executive told Reuters on Wednesday.

"We are looking at India both from oil and gas, but also from the renewables. It's a very early (stage), but we need to be on the ground," Eldar Saetre said on the sidelines of a business conference.

Separately, the company should also consider investing in the liquefied natural gas (LNG) projects, the CEO said.

"We look for opportunities in LNG, but it's not something we need to grow, need to develop ... it's a part of opportunities that we are exploring," Saetre added.


(Reporting by Nerijus Adomaitis, writing by Terje Solsvik, editing by Gwladys Fouche)

Categories: LNG Renewable Energy Finance

Related Stories

Seascape Energy Expands Temaris Gas Acreage Offshore Malaysia

Oil Caught Between Trump's Russia Supply Push and Middle East Risks

Eni Agrees Indonesian Gas Asset Sales to Pertamina and Medco

Riyadh Attacks Disrupt Oil Majors' Summit Plans

Höegh Evi, PETROS to Develop Kuching LNG Terminal in Malaysia

Southeast Asia Plans 100 GW-Plus Gas Power Expansion Despite LNG Risks

Saudi Aramco Plans Standalone Gas Division in Major Reorganization

China's CNOOC Posts Record First-Half Profit

Oil Rises as Uncertainty Clouds US-Iran Peace Talks

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

Current News

Seascape Energy Expands Temaris Gas Acreage Offshore Malaysia

Oil Markets Brace for Years of High Prices as Iran War Drags On

Seadrill Secures Offshore Drilling Deals Across Four Countries

Jack-Up Rig Arrives in Indonesia for Conrad Asia Energy's MOPU Conversion

Murphy Oil Finds More Oil Offshore Vietnam, Côte d'Ivoire

Oil Caught Between Trump's Russia Supply Push and Middle East Risks

Eni Agrees Indonesian Gas Asset Sales to Pertamina and Medco

Riyadh Attacks Disrupt Oil Majors' Summit Plans

Iran Weighs US Response as Hormuz Reopening Talks Stall

Valeura Starts Wassana Platform Installation Offshore Thailand

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com