Norwegian oil company Aker BP has started production from the Frosk field development in the Alvheim area, offshore Norway.The Frosk field is tied back to Alvheim FPSO in the North Sea via existing subsea infrastructure. The field, discovered in 2019…
Australian oil and gas company Karoon Energy has elected to drill the second control well at the Neon discovery offshore Brazil, after the first control well, Neon-1, confirmed the presence of 25 meters of net oil-bearing pay.Neon-1 and Neon…
Oil and gas company Panoro Energy has been awarded a 56 percent stake in and operatorship of Block EG-01, located offshore Equatorial Guinea. Partners in the block will be Kosmos Energy and GEPetrol.Block EG-01 borders both Block G where Panoro has a 14…
Oilfield services firm TechnipFMC said Thursday it had won a 'significant' contract from Equinor to deliver subsea production systems for the Irpa oil and gas project in the Norwegian Sea.For TechnipFMC, a “significant” contract is between $75 million and $250 million…
The Norwegian oil company Equinor has awarded Subsea 7 two contracts for the development of the Irpa and Verdande fields in the Norwegian Sea. The two projects will be executed in a consortium between Subsea 7 and DeepOcean.Subsea 7 said the value of the combined projects was 'sizeable…
Oilfield services firm TechnipFMC said Tuesday it had won a 'large' integrated engineering, procurement, construction, and installation (iEPCI) contract by with the Norwegian offshore oil company Aker BP for its Utsira High development. For TechnipFMC…
Norwegian offshore engineering and construction firm Aker Solutions said Tuesday it had won a 'sizeable' contract with the French oil major TotalEnergies in Brazil.The contract is for the provision of the subsea production system, tools, and…
French oil major TotalEnergies has approved the final investment decision for the Lapa South-West oil development located in the Santos Basin, 300 kilometers offshore Brazil.The company operates the project with a 45% interest. Its partners are Shell (30%) and Repsol Sinopec (25%)…
The Norwegian oil and gas companies OKEA and DNO Norge have signed a deal for OKEA to enter the offshore license in Norway containing the Brasse discovery, with a 50% stake effective January 1, 2023. Following the transaction, DNO and OKEA will each hold 50% WI in the (PL740)…
Norwegian offshore engineering and construction firm Aker Solutions said Thursday it had secured a 'sizeable' contract with the oil and gas company Wintershall Dea to provide the subsea production system for the Dvalin North field development…
Oil and gas company Wintershall Dea, with its partners Petoro and Sval Energi, have filed a plan for development and operation for the Dvalin North field in the Norwegian Sea.According to the partners, the Dvalin North, which they describe as the largest discovery in Norway in 2021…
The Norwegian oil and gas company Equinor has filed a plan for development and operation (PDO) for Verdande offshore development in the Norwegian Sea to the Ministry of Petroleum and Energy.According to Equinor, the subsea development secures important oil volumes for the Norne production vessel…
Oil and gas company Neptune Energy has confirmed a new discovery the Calypso exploration well (PL938) in the Norwegian Sea.Preliminary estimates are between 1 - 3.5 million standard cubic meters (MSm3) of recoverable oil equivalents, corresponding to 6-22 million barrels of oil equivalent (boe)…
Floatel International has secured a contract extension with Norway's energy industry giant Equinor for its Floatel Superior offshore accommodation rig.The Floatel Superior will provide services at the Grane field as part of Equinor's Breidablikk…