Oil & gas news

The well was delivered to ADNOC Drilling’s client, ADNOC Offshore – also a subsidiary of ADNOC.

The contract is the largest in Global E&C's history.

The Balder X Project will extend the life of the Jotun A FPSO towards 2045 through refurbishing it and relocating it to the Balder licence PL 001, the first production license on the Norwegian continental shelf.

Rystad Energy said that it expects further acreage restructuring and M&A activity in the industry, but emphasises that many operators have managed to combine production growth with balanced spending and debt reductions.

The methodology aims to bring a level playing field to the sector’s varying technical definitions of, and expectations towards digital twins.

Vår Energi will become the second largest E&P company on the Norwegian Continental Shelf after Equinor, with total reserves and resources of about 1900 million boe.

The Subsea & Drilling Brazil conference will take place from 28 – 29 November in Rio de Janeiro.

The company undertook the work for LLOG Exploration using its smart skid technology.

The oilfield procurement firm has been awarded its first contract with Petrofac in the UK as well as two major contracts with Spirit Energy and BP.

The Irish Government has confirmed that its proposals ‘will relate to future applications’ and that ‘existing licences will remain valid’.