Oil & gas news

The independent global oilfield solutions company will deliver a Pre-FEED oil and water analysis for Qatar Energy, and a water injection study and systems optimisation review for North Oil Company).

The company has announced the award of a major contract by Petrobras for the development of the Búzios 8 field located approximately 180 kilometres off the coast of Rio de Janeiro at 2000 m water depth in the pre-salt Santos basin.

The GTA gas field, which is set to produce around 2.5 million t of LNG per year, is located offshore on the border between Mauritania and Senegal.

The current schedule expects drilling through the target reservoir occurring, at earliest, between Thursday 2nd and Sunday 5th June.

The study, supported by the Net Zero Technology Centre in Aberdeen, will cover the initial phase of a staged process to determine how retrofitted wells can reduce the carbon footprint of an operating platform.

The latest analysis from Westwood Global Energy Group has revealed that in spite of challenges due to COVID-19 and the accelerating energy transition, high impact oil and gas exploration drilling in 2021 maintained its momentum.

The company is focused on five key strategic priorities to sustainably grow shareholder value.

Welltec is now the largest shareholder of Isealate, and will be exclusive global partner to the innovative company based in Stavanger, Norway, providing patented patch-thru-patch technology.

Equinor has now transferred its participating interests in four Russian joint ventures to Rosneft and is released from all future commitments and obligations.

Equinor and Halten East partners Vår Energi, Spirit Energy and Petoro have decided to invest about NOK 9 billion in the development of the area neighbouring to the Åsgard field in the Norwegian Sea.