Asset Management
The declaration builds on a memorandum of understanding the partners signed with Egypt in May to process Block 10 gas at the country’s LNG export and domestic gas facilities.
Alongside the new subsea awards, Equinor strengthened its position in the 400-million-bbl Bay du Nord development by acquiring BP’s interest in the project.
Spain has granted permits covering a swath of the mountain range to Mantle8 for natural hydrogen and helium exploration a month after France granted the company similar permits.
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New find could add 150 million BOE to reserves. -
The contractor will supply over 300 km of flexible pipe between four field developments offshore Brazil.
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Are you trying to stay up to date about developments aimed at energy transition efforts in our industry? This roundup of news presents some of the recent announcements. Visit SPE’s HSE Now for more news.
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The North Sea project is set to include 23 subsea, oil-producing wells tied into four subsea templates to tap an estimated 200 million bbl of oil.
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The operator is exercising its right of first refusal, negating the previously announced deal with a private equity group.
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Those who work for the many small businesses in the oil patch see the business, and its future, differently from the energy and financial giants that get most of the coverage.
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After Equinor laid out its strategy to maximize oil and gas profits as it transitions to business that minimizes carbon emissions, stock analysts asked if the less-profitable units can sustain the dividend.
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The discovery in the US Gulf of Mexico was tied back through a single well completion to existing infrastructure.
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Four licenses are awarded to seven oil companies as this round sees less interest than previous ones.
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The new field, which is tied back to the Na Kika platform, is expected to add over 20,000 B/D of new production at peak.
