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Oil & Gas

Biden bans US imports of Russian oil and gas

The United States is banning all imports of oil and gas from Russia, US President Joe Biden has announced, in a move that aims to pressure Russian President Vladimir Putin to end the war in Ukraine.

Goldboro LNG project could be revived as floating barge

The company that abandoned plans for a land-based LNG facility in Nova Scotia's Guysborough County last summer is looking at an alternative option amid demands in Europe for gas from sources other than Russia.

Subsea 7 awarded FEED contract in Norway

Subsea 7 has recognised the FEED award in its order backlog in the first quarter of 2022.

Wintershall Dea writes off financing of Nord Stream 2

No additional projects in Russia will be advanced or implemented. Payment transactions already stopped.

Equinor extends drilling contracts on the Norwegian continental shelf

On behalf of the partnerships Equinor is exercising options worth NOK 8 billion with Archer, KCA Deutag and Odfjell Drilling.

ExxonMobil starts production at Guyana’s second offshore development

Production from Liza Unity vessel to reach 220,000 barrels of oil per day later this year

Heerema awarded Ichthys LNG transport and installation contract

Heerema will be utilizing Sleipnir for both the transport and installation of the module.

Yinson signs firm contracts for FPSO Maria Quitéria in Brazil

FPSO Maria Quitéria is Yinson's second project award with Petrobras

QatarEnergy and partners announce oil discovery offshore Namibia

QatarEnergy announced an oil discovery in a deep-water exploration well drilled in the PEL-39 license located in the Orange Basin, offshore Namibia.

Eni’s first offshore exploration well in Abu Dhabi shows positive results

After completing the well drilling in Q2 2022, the size of the well final findings will be assessed.

Equinor presents Wisting impact assessment

The Wisting discovery is of considerable size, containing close to 500 million barrels of oil equivalent.

Maersk Drilling secures contract extensions for Maersk Viking in Malaysia

Maersk Viking is a high-spec ultra-deepwater drillship which was delivered in 2013.

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