%22North Field%22 News

Subsea7 and Equinor Strengthen Collaboration, Agreeing Work on Two Fields

May 02, 2024

Subsea7 has signed a new long-term strategic collaboration agreement between Equinor and Subsea Integration Alliance, which comprises Subsea7 and OneSubsea, securing exclusive collaboration on the Wisting field offshore Norway, and Bay du Nord…

Australia Backs Long-Term Gas Exploration

May 08, 2024

Australia's resources minister said on Thursday she backs the long-term exploration of potential natural gas projects, setting up a potential clash with opposition lawmakers and some in the incumbent Labor Party that oppose its use.Australia…

Bluestone to Supervise Construction of Prysmian's Two New Cable Layers

May 08, 2024

Bluestone Group, a maritime technical services company, has secured a contract for plan approval and site supervision of two new cutting-edge cable-laying vessels operated by Prysmian.The two new cable-laying vessels, the first of which is under construction and the second under design…

Esgian Week 18 Report: Confirmations, Terminations and Suspensions

May 05, 2024

Esgian reports an eventful week with contract confirmations, terminations and suspensions in its Week 18 Rig Analytics Market Roundup.Report SummaryContractsBurullus Gas Company, the self-operated joint venture between Shell Egypt, the Egyptian Natural Gas Holding Company (EGAS)…

Petrobras Signs Contracts with Perenco for Sale of Two Campos Basin Fields

Apr 26, 2024

Brazil's state-run oil company Petrobras has signed contracts for the sale of its entire stake in the Cherne and Bagre fields, located in shallow waters in the Campos Basin, to Perenco.Production from the two fields was interrupted in March…

Equinor Cleared for Drilling Ops at Johan Castberg Field with Transocean Enabler Rig

Apr 26, 2024

Equinor has received consent from Norwegian regulator to use Transocean Enabler rig for production drilling/completion and drilling of exploration segment in the Barents Sea.The Norwegian Ocean Industry Authority (Havtil) issued a permit to Equinor for drilling operations at Johan Castberg field…

Trident Energy Enters Congo’s Oil and Gas Sector with Chevron and TotalEnergies Deals

Apr 25, 2024

U.K.-based oil and gas company Trident Energy has strengthened its presence in Africa through an agreement with Chevron to acquire its share in several fields offshore Congo, in addition to the earlier deal made with TotalEnergies.Trident Energy…

Equinor Seeks to Revive Costly Norway, Canada Oil Prospects

May 02, 2024

Equinor has signed a long-term deal with engineering companies to help drive down the cost of developing two offshore oil discoveries that were previously postponed, the Norwegian energy group said on Thursday.The agreement with the Subsea Integration Alliance…

New Jersey Launches Fourth Offshore Wind Call

May 06, 2024

The U.S. state of New Jersey has opened the fourth solicitation for offshore wind development, seeking to award up to 4 GW of new generation capacity.The application window for the fourth solicitation has been opened on April 30, and will accept application until July 10…

BP-Eni JV Azule Inks Deal for Namibia Offshore License

May 03, 2024

A BP-Eni joint venture and Rhino Resources Namibia have signed an agreement for a 42.5% interest in a block in the country's offshore Orange Basin, the companies said on Friday.The agreement is Azule Energy's first investment in Namibia. Azule…

Petrobras Q1 Oil Production Up 4.4%

Apr 29, 2024

Brazilian state-run oil company Petrobras said on Monday that its crude oil production during the first quarter rose 4.4% compared to the same period last year.Petrobras pumped 2.24 million barrels per day (bpd) in the period, the firm said in a statement…

BW Ideol Presents Standard Floating Wind Foundation for Mass Production

Apr 25, 2024

BW Ideol has unveiled its standardized foundation for floating offshore wind, ready for mass production to accommodate the needs of the growing sector.With over 22 GW already awarded in Scotland, around 8 GW in the USA, and several GW currently…

BW Energy Inks $150M Deal for MaBoMo Production Facility Offshore Gabon

Apr 30, 2024

Oil and gas company BW Energy has signed a sale and leaseback agreement with a Minsheng Financial Leasing (MSFL) for the MaBoMo production facility on the Dussafu license, offshore Gabon.The agreement will provide $150 million of gross sales…

SLB, OneSubsea and Subsea7 Sign Up for Wisting and Bay Du Nord Projects

May 02, 2024

SLB has announced the signing of a new long-term strategic collaboration agreement between Equinor and the Subsea Integration Alliance (which comprises OneSubsea™ and Subsea7). The agreement paves the way for exploratory work to begin on two…

Sapura Energy Hooks Subsea Services Contract from Thai Oil Major Off Malaysia

Apr 29, 2024

Malaysia-based offshore services firm Sapura Energy, through its wholly-owned subsidiary Sapura Subsea Services, has secured a contract to provide subsea services for Thai oil company PTTEP’s subsidiaries in Malaysia.The contract, effective from February 21…

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