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Oil & Gas

Jumbo Offshore awarded mooring pre-installation contract by MODEC for Errea Wittu

The FPSO “Errea Wittu” will produce approximately 250,000 barrels of oil per day

Gasum procures SEFE LNG cargo to the Inkoo FSRU terminal

Nordic energy company Gasum is delivering a cargo of liquefied natural gas (LNG) to the Inkoo floating storage regasification unit (FSRU).

Valaris announces multi-year contract award for drillship VALARIS DS-4

Valaris Limited has been awarded a 1,064-day contract for drillship VALARIS DS-4 with Petrobras offshore Brazil following a competitive bidding process.

Vår Energi completes sale of Brage asset

The Brage field is a late life producing asset located in the North Sea, operated by OKEA.

Russia’s Novatek issues force majeure notices over Arctic LNG 2 project – sources

The project is a key element of Russia's drive to increase its market share on the global LNG market to a fifth by 2030

Shell invests in the Sparta Development in the Gulf of Mexico

The Sparta development will be the first of Shell’s replicable projects to feature all-electric topside compression equipment, significantly reducing greenhouse gas intensity and emissions from our own operations.

Equinor sells its interests in Azerbaijan

Equinor and SOCAR (State Oil Company of Azerbaijan Republic) have signed an agreement whereby Equinor will divest all its remaining assets in Azerbaijan to SOCAR.

Neptune Energy announces Kyrre discovery & confirmed Ofelia volumes in Gjøa area

The estimated recoverable volume is in the range of 16-33 million barrels of oil equivalent (mmboe).

Wintershall Dea completes appraisal well on Bergknapp discovery in Norway

Wintershall Dea, in collaboration with its partners DNO Norge and Equinor, has successfully completed the drilling of an appraisal well at the Bergknapp discovery in the Norwegian Sea.

Equinor increasing its ownership in the Linnorm discovery

Equinor has entered into an agreement to acquire Shell’s equity in and operatorship of the Linnorm discovery in the Norwegian Sea.

Saipem awarded two offshore contracts worth approximately 1.9 billion USD

The first contract has been awarded by ExxonMobil’s subsidiary ExxonMobil Guyana Limited for the proposed Whiptail oilfield

McDermott lands second contract for Shell gas field project

McDermott receives limited notice to proceed for Manatee gas development project offshore Trinidad and Tobago

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