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Oil & Gas

Gasum wins framework agreement with the Finnish Government for maritime LNG supply

The framework agreement has two years additional option

Neptune Energy commences production on Duva development

Duva is located 14 km northeast of the Neptune Energy-operated Gjøa field at a water depth of 340 metres.

ABB secures $120 million order to power Jansz-Io Compression project

ABB appointed by Chevron Australia and Aker Solutions to provide power from shore and subsea long step-out to Jansz-Io field.

Brazil leads global offshore crude oil production from upcoming projects in 2025

A total of 29 crude oil projects are expected to start operations in the country during 2021-2025.

Yme field starts up again in the North Sea

The authorities have granted Repsol consent for a new start-up of the Yme field in the North Sea.

Lundin Energy announces first oil from the Rolvsnes field

The resource estimate for the Rolvsnes field is between 14 and 78 million barrels of oil equivalent (MMboe) gross.

Doosan Heavy to build four storage tanks for Dangjin LNG Terminal Phase 1 Project

South Korea’s largest LNG tank project to date, involving construction of four 270,000㎘ storage tanks

Increasing Vigdis field production due to new technology

A pump on the seabed gives the Vigdis oil field in the North Sea a boost that increases production by around 16 million barrels.

SBM Offshore signed LOI for FPSO Alexandre de Gusmão lease and operate contracts

The unit will be deployed at the Mero field in the Santos Basin offshore Brazil

Jadestone debuts as new upstream investor and operator in Malaysia

SapuraOMV and Jadestone had earlier entered into a conditional Sale and Purchase Agreement (SPA) on 30 April 2021.

Norwegian authorities grants consent for start-up of the Duva field

The operator Neptune Energy estimates the reserves at about 11 million standard cubic metres of oil equivalent

ExxonMobil announces oil discovery at Whiptail, offshore Guyana

ExxonMobil today said it made a discovery at Whiptail in the Stabroek Block offshore Guyana.

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