Petrobras has announced tender results awarding Fugro four significant multi-year contracts for the inspection and monitoring of critical subsea infrastructure in Brazil.
Equinor and its Fram partners will invest more than NOK 21 billion in a new subsea development. The plan for development and operation was today submitted to the Minister of Energy, Terje Aasland.
Only three months after coming on stream Johan Castberg is producing at peak capacity of 220,000 barrels of oil per day. This increases energy deliveries from the Barents Sea by 150%.
Additional volumes in the lower Åre Formation and Upper Grey Beds, which are not included in the production test, represent a possible upside potential.
