Ocean Installer has formalised an alliance with Baker Hughes to deliver a new, integrated subsea engineering solution – that provides efficiencies from project appraisal through to operations.
Project Greensand ranks among the most advanced CCS projects in the EU. For the first time, the entire CCS value chain (capture, transport, and storage) will be implemented across borders.
Equinor has signed an agreement to acquire equity interest in five discoveries in the Troll, Fram and Kvitebjørn area in the North Sea on the Norwegian continental shelf (NCS) from Wellesley Petroleum AS. Since 2019, Equinor has made seven discoveries in this area.
The complex project, in Europe’s busiest part of the North Sea, involved the inspection of two platforms and over 40 kilometres of pipeline off the coast of the Netherlands.
Neptune Energy has announced it has begun an infill drilling campaign at its operated Cygnus gas field in the southern North Sea, with the potential to unlock enough gas to heat an additional 200,000 UK homes1 per year from this winter.
The project is expected to come online in the mid-2020s, and at peak production rates, could represent over 6% of projected UK North Sea gas production in the middle of this decade