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The consortium will leverage the oil and gas industry's 100+ years of experience and technological developments in drilling and subsurface engineering to advance geothermal.
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The FPSO Anna Nery is the first of two floaters set to revitalize production at the Marlim field in the northeastern part of the Campos Basin offshore Brazil.
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The Equinor-led BM-C-33 will utilize a gas processing FPSO in the Campos Basin field cluster.
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Shell and Equinor are progressing the project toward a final investment decision, which is expected later this year.
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Contracts for the Uaru project’s FPSO and subsea installation were awarded to MODEC and Saipem.
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Eagle Ford sees ‘surprising resurgence’ as buyers look to secure the play’s mature assets.
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The independent sells out of south Texas shale, while expanding its Permian presence in separate deals.
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The Robotic Supervision System project is expected to bring autonomous cooperation a step closer for oil and gas operators.
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Ocean services provider DeepOcean has mobilized its first autonomous inspection drone and plans to conduct offshore trials for an operator on the Norwegian continental shelf.
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The deal covers the supply of a subsea production system for the Uaru project in the country’s prolific Stabroek Block.
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Offshore work related to the contract is slated to begin in 2024.
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Congo LNG, expected to hit capacity in 2025, aims to transform the African country into a natural gas exporter.
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