LogIn LogOut

Equinor Seeks Investments in India

October 31, 2018

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

Eldar Saetre (Photo: Ole Jørgen Bratland / Equinor)
Eldar Saetre (Photo: Ole Jørgen Bratland / Equinor)

"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)



Current News

Barakah Offshore Files Petronas Carigali Claim

Barakah Offshore Files Petronas Carigali Claim

GC Rieber Crew Boats Stay in Russian Far East

GC Rieber Crew Boats Stay in Russian Far East

PetroChina's oil and gas trade turnover up 5% in 2019

PetroChina's oil and gas trade turnover up 5% in 2019

Yinson: 8th Extension for Lam Son FPSO

Yinson: 8th Extension for Lam Son FPSO

Pacific Drilling Must Pay $320M for Rig Order Cancellation

Pacific Drilling Must Pay $320M for Rig Order Cancellation

Oil Slips on Doubts About U.S.-China Deal, OPEC Outlook

Oil Slips on Doubts About U.S.-China Deal, OPEC Outlook

Keppel working on 3D-Printed Offshore Grade Steel

Keppel working on 3D-Printed Offshore Grade Steel

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