Wintershall Dea

The two companies have agreed to develop a carbon capture and storage supply chain to funnel carbon dioxide produced by German industry into storage deep beneath the Norwegian Continental Shelf.

Additional tie-back opportunities should move even more volumes through the facility.

The oil and gas firm has decided to use Curate, Ikon’s scalable cloud-enabled subsurface-data-management software.

Wintershall Dea set out to demystify digital for engineers with an informal network of staff experts who help fill the gaps in this new way of doing things and have a focus on maximizing the return on problems previously solved.

Two discoveries offshore Mexico add to April’s finding in the Norwegian Sea.

The round included a near-$1 billion signature bonus on a Campos Basin block awarded to a Total-led consortium.

The completion of the subsea installation marks another major step for one of several projects scheduled to tie back to the Gjøa platform in the Norwegian North Sea. Production for the Wintershall Dea-operated project is expected to start up in 2021.

The latest example of the offshore sector's march toward automated wellbore construction will take shape later this year in the North Sea.

The deal, which is subject to regulatory approvals, would mark the largest E&P merger in Europe in more than a decade. The two companies combined made $5.5 billion in revenue last year.