Field/project development
Vår Energi ASA and partners have officially sanctioned the Previously Produced Fields Project in the Greater Ekofisk Area. The redevelopment is expected to add high-value barrels starting in 2028, extending the production life of one of Norway’s key offshore regions.
The company engineered, designed, and manufactured multiple internal floating roof systems and tank-top equipment packages for TotalEnergies’ new storage terminal in Equatorial Guinea.
Fugro’s entry into the UK’s small modular reactor market follows its breakthrough in the US, where it secured a contract in February to perform a geoscience site investigation for the recommissioned Palisades Nuclear Power Plant in Michigan.
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Over the past 30 years Caspian nations such as Azerbaijan and Kazakhstan have built thriving economies on oil and gas wealth led by global energy companies and a handful of megaprojects. As times change, that model may need to be reassessed. -
FPSO Sepetiba will be deployed at Petrobras’ Mero field in the Santos basin offshore Brazil.
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Cabaça North will increase and sustain the plateau of the FPSO Armada Olombendo.
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Project is part of BP’s plan to grow GOM production to 400,000 B/D by mid-decade.
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The Netherlands will end gas production from giant field discovered in 1959.
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Operator will not participate in Sea Lion project in the Falkland Islands.
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The new pledge from the world's largest oil producer comes just days before the 26th United Nations Climate Change Conference is set to meet in Glasgow, Scotland, to discuss new climate targets and initiatives.
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More time and money are needed for Johan Castberg and others, while government looks to boost hydrogen research.
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Shell reported that most of its production was back online, but some facilities will remain shut-in until the end of the year.
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Operator hands out early engineering contracts to its alliance partners related to Norwegian North Sea development.
