Harbour Energy

Ineos, the day-to-day operator of Greensand Future, with its partners Harbour Energy and Nordsøfonden, has made a final investment decision into the first commercial phase, with storage operations set to begin by early 2026.

The contractor will conduct front-end work related to the subsea portion of the joint Polok/Chinwol development.

The shallow-water find will be developed using two new platforms, export pipeline with a first-oil target in late 2025.

The global oil and gas industry’s merger and acquisition arena is ending 2023 with a bang.

Also: A report says Bitcoin mining could ease emissions. Haliburton is accelerating its clean-energy efforts, while insurer Chubb cracks down on methane. ExxonMobil and Linde team up in Texas. Shell plans to limit CO2 emissions in Dutch plants, and Drax presses pause on bioenergy in the UK.

Operator will not participate in Sea Lion project in the Falkland Islands.