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Oil & Gas

Saipem renews framework agreement with Saudi Aramco for offshore activities

The Long-Term Agreement (LTA) now extends until the end of 2027.

Woodside signs LNG supply agreements with Uniper

Louisiana LNG LLC will supply 1.0 Mtpa of LNG on a free-on-board basis for up to thirteen years from the commercial operations date (COD) of Louisiana LNG.

TotalEnergies will supply 400,000 Tons of LNG per year for 15 years in the Dominican Republic

This agreement will enable ENADOM to supply natural gas to the 470 MW combined-cycle power plant

bp announces oil discovery in the Gulf of America

bp has announced an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America.

SBM Offshore signs US$400 million Sale and Leaseback agreement for FPSO Cidade de Para

Under the terms of the agreement, the special purpose company will transfer the ownership to four Chinese leasing companies.

Stonepeak to acquire interest in Woodside’s Louisiana LNG

Under the transaction, Stonepeak will provide $5.7 billion towards the expected capital expenditure for the foundation development of Louisiana LNG on an accelerated basis

Ripple effects from Equinor in Norway continue to grow

A new report finds that deliveries within exploration, development projects and operation of Equinor-operated fields and onshore facilities in Norway continued to grow in 2024.

Saipem awarded new offshore contracts for a total amount of approximately 720 million USD

Saipem will perform the operations by using a variety of construction and support vessels, including Saipem FDS2.

Another sulphide deposit, “Gygra”, discovered on the NCS

The Centre for Deep Sea Research at the University of Bergen (UiB) and the Norwegian Offshore Directorate have discovered a new sulphide location on the Knipovich Ridge, west of Svalbard.

Johan Castberg strengthens Norway as a long-term energy exporter

31 March, at 10.35, the Johan Castberg oil field in the Barents Sea came on stream. The field will be producing for 30 years and bolsters Norway’s role as a reliable and long-term supplier of energy.

Equinor industrialising plugging operations on the Norwegian continental shelf

According to the plan Island Innovator will permanently plug 15 to 20 wells annually for a total of nine licences.

Oil and gas discovery in the North Sea

DNO and its partners have made an oil and gas discovery in the "Kjøttkake" prospect.

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