The contract concerns the offshore facilities for natural gas production and transportation as well as the capture, utilization and storage of CO2 (CCUS)
Under these contracts, SBM Offshore will, in partnership with Technip Energies, construct and install a Floating Production, Storage and Offloading vessel (FPSO)
Equinor has struck oil and gas near the Fram field in the North Sea. The discovery is estimated at between 13 and 28 million barrels of oil equivalent.
Woodside Energy has passed a major milestone for its operated Trion Development offshore Mexico with the start of steel fabrication for the semi-submersible floating production unit (FPU).
Trafigura has signed a long-term natural gas agreement with NuVista Energy Ltd., a leading producer of condensate-rich natural gas in the Montney formation in the Alberta Deep Basin, Canada.
Equinor has signed an agreement to acquire Sval Energi’s 11.8% share in the Halten East Unit. With this acquisition, Equinor increases its ownership to 69.5%.