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Oil & Gas

CNOOC limited announces Payara Project in Guyana commences production

Payara Project locates in the Stabroek Block offshore Guyana

Saipem: New milestone achieved for the execution of Payara Project in Guyana

The start of production of the offshore oil field is the third project to which Saipem contributed in the Stabroek Block

Gas discovery by Gina Krog in the North Sea

Equinor has made a commercially viable gas discovery by the Gina Krog field in the North Sea. The discovery is small, but gas production can start as early as 2023.

Goliat one step closer to a gas export solution

Vår Energi has together with the Goliat licence partner approved concept selection (DG2) for gas export from Goliat to the Snøhvit pipeline for further transport to Hammerfest LNG.

Breidablikk coming on stream ahead of schedule

Production from the Breidablikk field in the North Sea started on 20 October, four months ahead of schedule and within budget.

Aker BP joins UN program for reduction of methane gas emissions

Aker BP will commit to monitoring and reducing global methane emissions in accordance with best practice.

Altera awarded contracts with Eni for the Baleine Field

Voyageur Spirit FPSO to be redeployed and Shuttle Tanker Nordic Brasilia to be converted into FSO

Aramco to enter global LNG business by acquiring stake in MidOcean Energy

MidOcean Energy is a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors.

Rosebank field to progress in the UK

The North Sea Transition Authority (NSTA) granted consent for the development of the field on 27 September.

Johan Castberg partnership provides update on project cost estimate

The Johan Castberg partnership, consisting of Equinor, Vår Energi and Petoro, is today updating the project cost estimate. The investment estimate has increased by almost NOK 13 billion since last year.

Equinor submits development plan for Eirin

Recoverable reserves in the field are estimated at 27.6 million barrels of oil equivalent, most of which is gas.

Saipem awards new offshore contracts in Côte d’Ivoire and Italy

The installation works will take place in 2024.

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