Norwegian oil and gas producer Aker BP has signed an agreement with Japex Norge to exchange interests in several North Sea assets, enhancing its presence in the northern sector of the basin.Under the deal, Aker BP will transfer a 10% interest in the Alve Nord development (PL127C) and a 3…
TechnipFMC has been awarded an integrated engineering, procurement, construction, and installation contract by Equinor for its Heidrun extension project in the Norwegian North Sea.The project will enhance the current infrastructure and extend the production lifecycle for the Heidrun platform…
The start-up of an offshore well caused zinc contamination in Mars crude, Chevron said on Friday, leading to the tightening crude oil supply in the key Gulf Coast refining hub and the government releasing barrels from its emergency stockpile…
Aker Solutions has secured a contract by Equinor to prepare the topside of Troll C to receive and process the production from the Fram Sør subsea tie-in project in the North Sea.Fram Sør will be developed as a subsea tie-in to Troll C and will…
Vår Energi has entered into a collaboration agreement with TechnipFMC Norge for delivery of subsea projects utilizing its integrated model to fast-track future developments in the Gjøa area in the North Sea.Vår Energi has entered into the collaboration…
Fugro has formed a partnership with DTACT, a high-tech software company, and Ubotica, a specialist in AI-powered satellite intelligence, to develop a data fusion and intelligence platform for critical subsea infrastructure.The solution will…
SKF, which joined forces with Proteus Marine Renewables to deliver cutting-edge technology for MeyGen, announced the technology achieved a major breakthrough, having operated for over six years without the need for unplanned or disruptive maintenance…
Equinor has found oil in an exploration well, dubbed Drivis Tubåen, on the Johan Castberg field in the Barents Sea.The well, 7720/7-DD-1H, was drilled in the Drivis structure on the Johan Castberg field. According to preliminary estimates, the size of the discovery is 9-15 million barrels of oil…
Shell has brought on stream the new phase of Ormen Lange field in the Norwegian Sea, bolstering production and adding important gas volumes to Europe.The Ormen Lange phase III project consists of two subsea compression stations with the objective of increasing field recovery from 75% to 85%…
Equinor and its Fram partners will invest over $2 billion in a new subsea development, dubbed Fram Sør project, to put more oil and gas resources on stream by connecting the new infrastructure to the existing facilities at Fram and Troll area…
The Bureau of Ocean Energy Management announced the publication of a Proposed Notice of Sale (PNOS) for an oil and gas lease sale in the Gulf of America.As directed by Secretary of the Interior and outlined in the PNOS, Lease Sale 262 will offer approximately 15…
Norway's energy regulator has identified four more areas as most suited for future offshore wind development, it said on Monday, with the government now consulting on the findings before making a decision on which to move forward.Norway plans…
Only three months after coming on stream, Equinor’s Johan Castberg field in Barents Sea has started producing at peak capacity of 220,000 barrels of oil per day.The field’s peak production achievement increases energy deliveries from the Barents Sea by 150%…
Hydromea, a leader in high-speed wireless subsea optical communication, and Blue Logic, a pioneer in underwater inductive power and data transfer, have announced a strategic partnership they say will revolutionize wireless subsea communications…
Vår Energi and license partner Kistos Energy Norway have reached the final investment decision (FID) for the Balder Phase VI project in the Balder area, off Norway.The fast-track development will be a key contributor to sustaining long term…