Oil & gas news
Equinor publishes tax contribution report
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.
Sembcorp Marine’s Brazilian shipyard completes Petrobras P-71 FPSO
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.
Diamondback Energy, Inc. announces Midland Basin acquisition
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.
Halliburton introduces service for real-time wireline data visualisation
The company has introduced the HalVue® service for real-time wireline data visualisation to expand current features on the platform.
Equinor awarding contracts for platform supply vessels
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.
Peregrino Phase 2 comes on stream
On 10 October at 20:00 local time, the new platform in Brazil, Peregrino C, produced its very first oil.
ADNOC Drilling awarded close to US$1 billion contract to further unlock UAE’s offshore energy resources
Over 80% of the contract value will flow back into the UAE’s economy under ADNOC’s in-country value programme.
Welltec opens advanced test loop to facilitate Denmark’s energy transition
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.
Future Market Insights: Digital oilfield solutions market to grow at a significant CAGR of 6.3% through 2028
According to a recent market study by Future Market Insights, the sales of global digital oilfield solutions is estimated to stand at a market valuations of US$54 415.5 million by 2028.
Neptune Energy receives approval to increase Römerberg oil production
The company has announced approval from the State Mining Authority for Rhineland-Palatinate to raise the production limit at its operated Römerberg oil field in the Rhine Valley, south-western Germany.