Equinor
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Government grants and tax incentives will drive carbon capture, storage, and/or utilization projects in the next decade as the industry seeks profitable business model.
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Updates about global exploration and production activities and developments.
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Contractor will conduct front-end engineering of a first-of-its-kind all-electric subsea production system.
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The Norwegian major agrees to use Seeq’s software in an effort to maximize production and enhance efficiency across its assets.
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The massive vessel moved from Aker Solutions quayside to begin sea trials ahead of deployment in the Barents Sea prior to year-end.
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The first wells from the current North Sea development project are expected online in 2026.
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At the 2024 Offshore Technology Conference, industry giants like ExxonMobil, Equinor, and Petrobras offered a look at the future of low-carbon floating production, storage, and offloading units.
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The Norwegian oil company said it may spend more than $130 million to get in on the emerging lithium brine business in Texas and Arkansas.
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The agreement puts an early contractual framework in place for closer collaboration sooner on the project pair.
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Updates about global exploration and production activities and developments.