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Offshore & subsea - 05 March 2019

Equinor: Gullfaks C can be used until 2036

The Norwegian Petroleum Directorate is giving a green light to using the C platform on the Gullfaks field in the North Sea until 30 June 2036.


Rystad Energy forecasts a boom in Xmas trees

After activity levels fell to only 240 subsea trees installed globally in 2017 – the lowest level since the turn of the century – Rystad Energy forecasts that over 350 subsea trees will be installed per year by 2021.