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Tag: oil

New oil discovery close to North Sea Fram field

Equinor has, together with its partner Wellesley, discovered oil in the Troll and Fram area in exploration wells 35/10-7 S and 35/10-7 A in the Toppand prospect.

UK North Sea operators eye near-record profits in 2022

Long-term upstream uncertainty shows no signs of abating, but in the short-term, UK operators are riding high according to Wood Mackenzie, a Verisk business.

NASA-NOAA tech will aid marine oil spill response

NASA and National Oceanic and Atmospheric Administration scientists are teaming up to test remote sensing technology for use in oil spill response.

Aker BP awards contracts worth 440 million kroner

Aker BP has awarded contracts to alliance partners for front-end engineering and design (FEED) valued at approximately 440 million kroner.

Equinor increases its ownership in the Statfjord field

Spirit Energy’s daily production from the Statfjord area in the third quarter of 2021 was around 21,000 boe per day.

Greek-flagged ship caused Brazil mystery 2019 oil slick: police

The slick affected more than 1,000 towns in 11 coastal states

PTTEP makes second discovery in Block SK417 offshore Malaysia

Block SK417 is located in the shallow waters, around 90 kilometers off the coast of Sarawak

Supply chain alliance supports Buzzard Phase II achieve first oil

BPII is a subsea development in the Northern Area of the Buzzard field located approximately 100 kilometres northeast of Aberdeen

Investing NOK 10 billion in further developing the Oseberg field

Oseberg will be developed from primarily being an oil field to becoming a substantial gas producer with large remaining gas resources.

Woodside sanctions US$12 billion Scarborough and Pluto Train 2 project

Woodside has sanctioned the US$12 billion Scarborough and Pluto Train 2 project. This is a big step for Woodside, Western Australia, and the local LNG industry.

BHP and Woodside agree to create a global energy company

The combined company will have a high margin oil portfolio, long life LNG assets and the financial resilience

McDermott and SBM Offshore to deliver fourth FPSO in Guyana

The FPSO will be spread moored in water depth of about 5,900 feet (1,800 meters) and will be able to store around two million barrels of crude oil.

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