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Tag: Oil Field

The company cited growing cargo activity at the Port of Brownsville — one of the busiest trade gateways on the Texas-Mexico border — as a factor in the decision to expand
The focus of the Northern Endeavour decommissioning program has now shifted to phase 2 to permanently plug and abandon the oil wells.

Norway grants record number of 83 offshore licenses

Norway granted 83 blocks to explore for petroleum resources in the Norwegian continental shelf.

Aibel receives Sverdrup Phase 2 bridge option

Equinor has awarded Aibel the engineering, procurement, and construction contract for the final bridge on the Johan Sverdrup field in the Norwegian North Sea.

Petrobras Sells Oil Field Rights For Over $800 Million

Brazil’s state-controlled oil company, Petroleo Brasileiro SA , said on Nov. 28 it had sold rights to more than 30 oil fields for more than $800 million as part of a longstanding divestment plan to reduce the company’s debt.

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