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Oil & Gas

Eni, YPF finalise Argentina LNG partnership using offshore units

Eni and YPF in June signed an initial accord to cooperate on the development of gas resources from the Vaca Muerta field in Argentina.

Petrobras begins contracting for the construction of FPSO Búzios 12

New production vessel will consolidate Búzios as Petrobras' largest producer and serve as a hub for exporting natural gas produced from other units in the field

MODEC awarded full EPCI scope for Hammerhead FPSO project

The Hammerhead FPSO will have the initial annual average production of 150,000 barrels of oil per day

New technology increases gas recovery on Åsgard

Equinor and partners in Åsgard and Mikkel licences have started phase 2 of Åsgard subsea compression in the Norwegian Sea.

Saipem receives authorization to proceed with the execution of Hammerhead offshore project

Saipem will carry out the operations using a variety of construction and support equipment, including the Saipem FDS2 and the Shen Da, which is part of the Saipem fleet as a chartered vessel.

Green light for export via gas pipeline from Troll B

The Norwegian Offshore Directorate has granted consent for start-up of a tie-in from the Troll B platform to the Kvitebjørn gas export line. This will help reduce the decline in gas production in upcoming years.

BOTAŞ and Woodside sign landmark long-term LNG HOA

Woodside will supply BOTAŞ a total of approximately 5.8 billion cubic meters natural gas equivalent of LNG for up to nine years

Equinor drills dry well in the North Sea

Equinor and its partners Vår Energi and Aker BP have drilled a dry well about 130 kilometres west of Florø.

Exail to equip Deep Ocean Search with next-generation navigation for deep-sea missions

The Rovins 9-DVL will be integrated into DOS’ XL Mariner work-class ROV (Remotely Operated Vehicle), built by Argus in Norway.

OKEA and its partners make an oil discovery near the Brage field

The objective of the well was to prove petroleum in Lower Jurassic reservoir rocks in the Cook Formation and the Statfjord group.

Woodside and PETRONAS strengthen partnership with 15-year LNG supply agreement

LNG will be supplied from Woodside’s global portfolio, which may include volumes from the recently approved Louisiana LNG project in the United States.

Saipem awarded new offshore contract for Sakarya gas field development

The value of the contract is approximately 1.5 billion USD.

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