Vår Energi is awarded 16 new production licenses on the Norwegian Continental Shelf (NCS), of which four as operator, in the 2023 Awards in Predefined Areas (APA) covering mature areas.
Operated by PETRONAS Carigali Sdn Bhd, the Kasawari CCS project is expected to reduce carbon dioxide volume emitted via flaring by 3.3 MtCO2e per annum.
Seatrium Limited has been awarded a contract by Shell to construct and integrate the hull, topsides and living quarters of the Sparta semi-submersible Floating Production Unit (FPU).
Valaris Limited has been awarded a 1,064-day contract for drillship VALARIS DS-4 with Petrobras offshore Brazil following a competitive bidding process.
The Sparta development will be the first of Shell’s replicable projects to feature all-electric topside compression equipment, significantly reducing greenhouse gas intensity and emissions from our own operations.
Equinor and SOCAR (State Oil Company of Azerbaijan Republic) have signed an agreement whereby Equinor will divest all its remaining assets in Azerbaijan to SOCAR.
