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

ONGC Plans Major New Indian Oil Reserve

Eni and Petronas JV Extend Ventura Offshore’s Drilling Job in Indonesia

Dolphin Drilling’s Blackford Dolphin Secures More Work for Oil India

Offshore Vessel Pair Ordered from Grandweld Shipyard

Saipem Lands $2B FPSO Deal for Offshore Gas Field in Indonesia

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

Explosion at Qatar's Ras Laffan LNG Hub Injures 54, Leaves 18 Missing

Ichthys LNG Strike Causes Delay to Taiwan-Bound Cargo

Inpex Faces Threat of Broad LNG Loading Ban as AU Labour Dispute Deepens

Eni Inks Long-Term Indonesia LNG Supply Agreements

Current News

Eni Enlists OneSubsea for Deepwater Umbilical Supply off Indonesia

EnQuest Clears Key Hurdle for $833M Malaysia Offshore Deal

ONGC Plans Major New Indian Oil Reserve

LNG Tankers Resume Hormuz Crossings Amid Tensions

Hormuz Standoff Risks Chronic Instability for Gulf Oil Flows

From Fixtures to Values: Where the Jackup Recovery Is Already Being Priced

Eni and Petronas JV Extend Ventura Offshore’s Drilling Job in Indonesia

Dolphin Drilling’s Blackford Dolphin Secures More Work for Oil India

Oil Surges 3% on Renewed US-Iran Strikes

Offshore Vessel Pair Ordered from Grandweld Shipyard

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