Equinor

The North Sea field, which holds an estimated 300 million BOE in recoverable resources, is now scheduled to start production in early 2020. Operator Equinor said the timeline was based on its assessment of the remaining scope of work on the project.

The technology will provide Equinor a continual feed of updated reservoir information from its Johan Castberg and Johan Sverdrup fields with the aim of improving well placement, production, injection, and—ultimately—recovery.

ExxonMobil and Hess led the way in the most active regionwide US gulf lease sale thus far.

Hundreds of rod-lift wells in North Dakota are about to get a big upgrade.

These balls have the potential to alter how pipeline inspections are done, and a consortium of pipeline operators and industry experts in North Dakota is examining just how well this emerging technology can handle the small-diameter pipelines in the area.

Venture groups spend their time evaluating hundreds of companies each year to only make a handful of investments. These two cover interesting ends of the upstream spectrum: aerial drones and downhole artificial lift.

Just 2 months after issuing more than a hundred licenses, the Oil and Gas Authority begins the process again for a whole new set of blocks.

As operators look for cost-efficient ways to address the challenges in facility maintenance and deepwater exploration, autonomous underwater vehicles are being developed for complex data gathering and advanced tasks.

Equinor has grabbed seven new licenses in the Barents and Norwegian Seas, the latest in a flurry of offshore activity in which the firm has added acreage off the UK and Brazil, gained approval for a big Arctic project, and awarded billions of dollars in service contracts.

By transitioning from gas turbines to land-based electrical power for various platforms, the company hopes to reduce carbon dioxide emissions by more than 600,000 tonnes/year.