Oil & gas news

The company is extending its contracts with Baker Hughes Norge, Halliburton AS and Schlumberger Norge AS for integrated drilling and well services on Equinor-operated fields on the Norwegian continental shelf (NCS).

The companies have signed a MoU for transfer of the Krafla operatorship from Equinor to Aker BP, making Aker BP the operator of all discoveries in the NOAKA area.

The companies have signed a legally binding sale and purchase agreement with Angola’s state-owned oil company for a total consideration of US$335.5 million.

Petrofac has been appointed by PDC as the Decommissioning Services Provider in a contract valued at around US$200m.

The ONE Future Coalition is a group of more than 50 natural gas companies working together to voluntarily reduce methane emissions across the natural gas value chain to 1% (or less) by 2025.

The company has secured new renewable electricity supplies for its operated assets in Germany, reducing emissions by more than 11 000 t of CO2 per year.

The companies aim to expand the toolset for real-time quality control of stimulation performance with a focus on maximising value to E&P operators.

New geopolitical risk measure designed to gauge oil market sentiment and understand price beyond fundamental forecasts.

The rig acquisition is expected to create around 100 jobs in a variety of onshore and offshore roles.

MacGregor, part of Cargotec, has secured a contract with Otto Candies to deliver an active heave compensated FibreTrac offshore crane.