Offshore/subsea systems
The North Sea project, which is sending production to the nearby Ivar Aasen platform, came online 9 months ahead of schedule.
Equinor said it found between 14 million and 24 million BOE with its most recent exploration well in the Polynya Tubåen prospect.
BP sanctioned development of the Kaskida in 2024, with first oil from the high-pressure project expected in 2029.
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A successful round of sea trials moved the seismic technology company Blue Ocean Seismic Services closer to operational scaleup and commercial operations of its data-collection network.
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The supermajor is expected to put off green-lighting the presalt project for up to 2 years.
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The subsea partners secured a contract for the Cypre gas project offshore Trinidad and Tobago.
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Settlement of the maritime border between Israel and Lebanon will unlock new natural gas reserves in the Eastern Mediterranean.
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Oil and gas operators around the globe are targeting reductions in offshore carbon emissions, and facilities electrification is the key that will help them meet their goals.
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The Cypre offshore gas project announcement comes the day after the energy company renewed its supply contract with the country’s national gas company.
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First production from the UK North Sea gas field is expected in the second half of 2025.
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Santos will seek an expedited appeal of the Australian Federal Court decision.
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The Angolan project is expected to add 30,000 B/D of oil production by year-end 2024.
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The Rosmari-Marjoram project will be developed utilizing subsea wells and solar power.