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Oil & Gas

Subsea 7 awarded contract offshore Brazil

Fabrication of the pipelines will take place at Subsea 7’s spoolbase at Ubu, Brazil

Equinor: New oil discovery close to Barents Sea Johan Castberg field

Equinor has made a new oil discovery in Snøfonn Nord, exploration well 7220/8-2 S, by the Johan Castberg field in the Barents Sea.

Gas and condensate discoveries to be developed in the Norwegian Sea

Equinor and Halten East partners Vår Energi, Spirit Energy and Petoro have decided to invest about NOK 9 billion in the development of the area neighbouring to the Åsgard field in the Norwegian Sea.

Saipem Subsea drone for inspection of Shell and Petrobras fields in Brazil

Saipem has been awarded a contract by Shell and Petrobras for the utilisation of its FlatFish subsea drone in two pilot projects

Wintershall Dea exits Brage oil field

OKEA purchases Wintershall Dea’s 35.2% share in Brage and 6.46% share in Ivar Aasen, as well as 6% of the Nova development for €108 million (NOK 1.1 billion)

Hammerfest LNG to resume operations in a week

The extensive repairs at Melkøya have been completed, but the run-up of the plant takes somewhat longer than planned.

Maersk Drilling secures extension for Mærsk Developer in Brazil

Karoon Energy Ltd has exercised options to add the drilling of up to two wells at the Neon field offshore Brazil to the work scope of the semi-submersible rig Mærsk Developer.

Neptune Energy to spend $1 billion to support UK energy security

Neptune Energy announced today it will spend more than $1 billion1 over the next five years securing energy supplies for the UK and speeding the transition to net zero.

Equinor sells assets in Ekofisk Area and share in Martin Linge

With this agreement, Equinor will no longer have any ownership interests in the Greater Ekofisk Area

Equinor extends contracts for drilling and specialist services worth NOK 20 billion

The specialist services will employ some 600 people.

Four-year contract awarded from Petrobras for Safe Notos in Brazil

The total value of the contract is approximately USD 110 million.

Maersk Drilling awarded additional three-well contract with Aker BP

Maersk Invincible is an ultra-harsh environment CJ70 XLE jack-up rig

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