Management
Drone strikes, refinery shutdowns, tanker disruptions, and halted LNG production have heightened concerns about broader supply risks.
Operator started planning the development before it made its latest North Sea discovery.
Cook Inlet leases have been a hard sell for federal or Alaska state authorities for years, given the environmental sensitivity of the area.
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Aker Solutions, SLB, and Subsea 7 have joined to create a subsea engineering firm to drive innovation and efficiency in subsea production. -
The work scope for the project runs through year-end 2027.
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The order builds on the expanded master equipment agreement between the companies for more than 100 mtpa of LNG.
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Output from the field is expected to return to pre-shut down levels this summer.
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Well is estimated to have encountered as much as 35 million BOE.
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Program will focus on finding more resources around Goliat and Johan Castberg through 2026.
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The current program comprises six planned wells.
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Rig will continue to work offshore India.
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Gas reserves will prove an important feedstock for Atlantic LNG facilities.
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Pair joins other E&Ps who have halted work in the area after disappointing results.
