Equinor ASA EQNR and partners reached a final investment decision for the development and operation of Krafla, with total investments of more than NOK 200 billion. Equinor and partners submitted 10 ...

Equinor is confident it will get its way and be able to pursue its own project to develop the Krafla and Askja discoveries in the Norwegian North Sea, even though partner Aker BP still wants them to ...

The Roman god of fire, Vulcan, was the inspiration behind the blazing mountainous structures we know as volcanoes. Volcanoes are a bit of an oxymoron, as they can destroy life with their blazing hot ...

Statoil has struck oil and condensate at its Krafla West prospect in the vicinity of the producing Oseberg South find, adding volumes for a future fast-track development of the North Sea satellite ...

Equinor has consent to drill exploration well 30/11-U-2 in production license PL 035 and 272 in the North Sea from Petroleum Safety Authority Norway (PSA). Equinor has consent to drill exploration ...

The project, which would be a scientific first if successful, would see boreholes drilled about 1.3 miles down through the earth’s crust at a volcano known as Krafla, located in the northeast of ...

It may sound like the beginning of a disaster movie, but Iceland could make scientific history by becoming the first country to drill into a volcano's magma chamber. In 2026, Iceland's Krafla Magma ...

Equinor ASA EQNR and partners awarded $560 million worth of contracts to Aibel for its Norway-based offshore projects — Krafla, Asterix, Gina Krog and Kårstø. Service firm Aibel received a front-end ...

Aker BP and Equinor signed a memorandum of understanding (MoU) for transfer of Krafla operatorship from Equinor to Aker BP. Illustration of Krafla development. Aker BP and Equinor signed a memorandum ...

Half a century ago, Iceland pioneered itself when it began exploring geothermal power sources, particularly at the Krafla Geothermal Power Plant. It is a turning point in the Iceland energy industry ...