Stay up to date with the latest news and updates from the oil industry.
The Shah Deniz consortium is pleased to announce the award of three major offshore contracts to advance the Shah Deniz Compression (SDC) project. The contracts, with a combined value of approximately US$700 million, have been awarded to the Saipem/BOS Shelf joint venture.
With recoverable reserves exceeding 1 billion boe, Bacalhau is the largest international offshore field ever developed by Equinor.
C-Innovation signs contract with Shell for ROV services.
McKinsey’s Global Energy Perspective finds energy transition momentum may be slowing due to growing affordability gap and diverging regional energy mixes.
Shell Nigeria Exploration and Production Co. Ltd (SNEPCo), a subsidiary of Shell plc, together with Sunlink Energies and Resources Ltd, have taken a final investment decision (FID) on the HI gas project offshore Nigeria.
Wood Mackenzie analysis reveals CCU technology development lags behind CCS, despite offering revenue potential.
The Oil and Gas Climate Initiative has published its annual Progress Report and independently reviewed emissions data.
A summer of extensive activity within the Norwegian Continental Shelf (NCS) has resulted in Denholm Pipetech, the flow remediation solution specialist, experiencing its best quarter for over a decade.
The deal marks WellSense and FrontRow Energy Technology Group’s first technology divestment.
Equinor and partners in Åsgard and Mikkel licences have started phase 2 of Åsgard subsea compression in the Norwegian Sea.
TotalEnergies has signed an agreement with Continental Resources to acquire a 49% interest in natural gas producing assets, owned and operated by Continental Resources in the Anadarko Basin, Oklahoma.
Vår Energi ASA has announced an increase in both production as well as recoverable volumes from the Gjøa field (PL153), following the start-up of the Gjøa low pressure project.