Oilfield Communications Market expected to grow at CAGR of 5.4% from 2022 – 2032
According to Future Market Insights, the oilfield communications market is expected to grow from US$3.8 billion in 2022 to US$6.4 billion by 2032.
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According to Future Market Insights, the oilfield communications market is expected to grow from US$3.8 billion in 2022 to US$6.4 billion by 2032.
Block SB 2K, with depth up to 3000 m, covering 1952 sq km is located in the prolific north-west ultra-deepwater area within a proven hydrocarbon basin with promising hydrocarbon potential.
In 2021 Equinor paid US$8.9 billion in corporate tax to authorities. Through the tax contribution report, Equinor seeks to increase transparency on tax payments and principles.
The company has crossed another significant operational milestone with the completion of P-71, its second floating, production, storage and offloading (FPSO) vessel project for Tupi B.V.
The company has announced that it has entered into a definitive purchase agreement to acquire all leasehold interest and related assets of FireBird Energy LLC.
The company has introduced the HalVue® service for real-time wireline data visualisation to expand current features on the platform.
The contracts will take effect before the end of 2022, have a three-year firm period, and three one-year options. The vessels will support Equinor’s activities on the Norwegian Continental Shelf.
On 10 October at 20:00 local time, the new platform in Brazil, Peregrino C, produced its very first oil.
Over 80% of the contract value will flow back into the UAE’s economy under ADNOC’s in-country value programme.
The company has officially opened its new Test Flow Loop facility in Esbjerg, which will provide essential corrosion testing for numerous Carbon Capture and Storage (CCS) projects.
Two 65 KW ATEX systems will provide prime power to an unmanned offshore platform on the northwest coast of Malaysia. The microturbines systems are expected to be commissioned in Autumn 2023.
The licensing round highlights four priority cluster areas in the Southern North Sea (Greater Pegasus Area, Greater West Sole Area, Greater Cygnus Area and Cotton Area).