Drilling & production - 11 August 2025

Valmet signs a strategic agreement to deliver valve services to Petrobras in Brazil.

This marks the birth of the first shale oil field in the Sichuan Basin, as well as the first oil field in Chongqing.

The Yellowtail Project is located in the Stabroek Block offshore Guyana, with water depth of 1600 - 2000 m.

Johan Castberg is Norway's northernmost oil field. The field will produce for at least 30 years.

Yellowtail’s ONE GUYANA floating production storage and offloading (FPSO) vessel joins the Destiny, Unity, and Prosperity FPSOs, bringing total installed capacity in Guyana to above 900 000 bpd of oil.