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The contracts awarded by ExxonMobil and Equinor are for work offshore Guyana and Brazil.
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The captured carbon dioxide will be permanently sequestered in the Cameron Parish CO2 Hub to be located offshore Louisiana.
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Shell has tapped the contractor to conduct engineering, procurement, construction, and installation work on the large gas field offshore Trinidad and Tobago.
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The International Energy Agency recently said the oil and gas industry is spending far too little on clean energy technologies.
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Suncor Energy brought the Terra Nova FPSO back into production as part of an extensive field life extension project offshore Newfoundland and Labrador.
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The job will increase the Heerema vessel’s second main hoist capacity by 1200 mt.
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Australian explorer purchases minority stakes in Who Dat and Dome Patrol deepwater fields.
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The Haewene Brim FPSO will need repairs to a pair of mooring connections before it can restart operations.
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The agreement covers the upstream to downstream sectors, focusing on global business and development of human capital.
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The shale revolution has not yet finished its course, but the boom is well past. The next boom is the energy transition, and it, too, will reward those who see and act early.
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The companies have agreed to study the development of geothermal energy in Indonesia to further the country’s goal of adding 3.3 GW of geothermal capacity by 2030.
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With the startup of South Ghawar field complete, the Saudi national oil company can look toward the commercialization of its tight-gas giant, Jafurah.
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