Oil & Gas

The Hugin B topside has departed Aker Solutions' Verdal yard in Norway for the Yggdrasil offshore development, marking the completion of a series of platform structures delivered for Aker BP's Yggdrasil and Valhall PWP-Fenris projects over the past three and a half years.

The development concept is based on a floating production, storage and offloading vessel (FPSO) with subsea tiebacks and broader resource potential across the basin.

The FPSO will have a production capacity of approximately 120,000 barrels of oil per day (BOPD).

The Cat D rigs are semi-submersible floating rigs, adapted to Norwegian winter conditions and originally built on order from Equinor.

The transaction enables further maturation of the Peon gas discovery. Peon is one of the largest undeveloped gas discoveries on the NCS.

For the offshore campaign, Saipem will deploy a combination of S-Lay and J-Lay vessels, providing the optimal pipeline installation solution.

Designed as an enhanced replica of Coral Sul Coral Norte will add 3.6 MTPA of liquefaction capacity.

The contract also includes the transportation and installation of 38km of flexible flowlines and jumpers and 54 km of umbilicals.

Equinor and its partners Petoro, Shell, TotalEnergies og ConocoPhillips are investing just over NOK 4 billion in a new subsea development

The agreement makes it possible for MOL to supply bio-LNG fuel for automobile carriers in the Mediterranean region (Port of Malaga and Barcelona, Spain)

Equinor and its partners have agreed on the concept for Ringvei Vest, a large subsea development project linked to the Troll B platform in the Norwegian North Sea.

Discoveries made in the Tonjer wells and Geitungen will now form the basis for Johan Sverdrup phase 4.