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Oil & Gas

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

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.

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