Oil & Gas

Equinor and the Troll partners have decided to invest just over NOK 12 billion to further develop the gas infrastructure in the Troll West gas province.

For the offshore campaign, and specifically for the J-lay vessel, Saipem will deploy its FDS and will widely involve the local supply chain for logistics and fabrication activities.

Equinor and Petoro have entered into a value-neutral asset swap agreement in the Haltenbanken area.

QatarEnergy has signed a farm-in agreement with ExxonMobil to acquire a 40% participating interest in two exploration blocks offshore Egypt.

EnBW has signed an agreement with the Abu Dhabi National Oil Company (ADNOC) to purchase liquefied natural gas (LNG) over a period of 15 years.

The Norwegian Ministry of Energy  has been contacted by commercial players who are interested in securing the award of specific acreage for CO2 storage.

Vår Energi confirms discovery of oil in the Balder area in the Central North Sea.

Saipem's vessels FDS2, Castorone and Constellation will be used for the offshore installation.

Moldova will during the first two days of April receive US natural gas supplies via Gastrade’s FSRU-based LNG import terminal off Greece’s Alexandroupolis, according to Moldova’s state-owned energy firm Energocom.

Russia's Novatek, opens new tab is being forced to scale back its huge Arctic LNG 2 project after Western sanctions curbed its access to ice-class tankers, and will focus instead on developing its project at the ice-free port of Murmansk, industry sources said.

All installations on the Utsira High are now receiving power from shore, saving emissions amounting to about 1.2 million tonnes of CO₂ per year.

Gato do Mato FPSO will be moored at a water depth of approximately 2,000m, some 250km off the coast of Brazil.