
Petronas reports 4Q20 loss
Petronas have reported a US$272 million loss after tax for 4Q20.
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Petronas have reported a US$272 million loss after tax for 4Q20.

The companies applying for production licenses in the 25th licensing round on the Norwegian shelf include Shell, Equinor and OMV.

The company's Future Energy Fund II is focused on technologies that have the potential to enable affordable, reliable and cleaner energy.

The first scope of a five-year contract will see TWMA provide drilling waste management services on the harsh-environment jack-up rig Maersk Resolve as Spirit Energy drills the Grove North East well in the Southern Sector of the North Sea.

SBM Offshore has signed a letter of intent (LOI) together with Petróleo Brasileiro S.A. (Petrobras) for a 26.25-year lease and operate contract for the FPSO Almirante Tamandaré in Rio de Janeiro, Brazil.

The contract covers the development of 10 deepwater wells and their tieback to the Limbayong FPSO unit in Malaysia.

The new GD 2500Q Heavy Duty Frame (HDF) quintuplex pump is designed to extend pump service life through an optimised power end frame design.

The sale to HitecVision, through its wholly owned portfolio company NEO Energy, covers most of ExxonMobil’s non-operated upstream assets in the United Kingdom central and northern North Sea.

Chariot Oil & Gas Ltd has signed an agreement with Subsea 7 and OneSubsea to work together to enable the front-end design, engineering, procurement, construction, installation and operation of the Anchois gas development project.

The survey will take place at the Ivar Aasen field in the Norwegian North Sea.

Worley will provide FEED services to 1PointFive Inc. for a direct air capture unit to be constructed in the US Permian Basin.

Gjøa P1 is a two well development in the Norwegian sector of the North Sea with one oil and one gas producer.