BP has decided to move forward with its second production platform in the Gulf of America (the U.S. Gulf of Mexico) in less than two years to augment its upstream business by making a final investment decision (FID) for one of the eight to ten major projects expected to start up globally between 202
Hy2gen Nordic has been granted zoning approval for the Iverson renewable ammonia plant at the Birkeland industrial site by the municipal council of Sauda, Norway.
Norwegian state-owned energy giant Equinor has kicked off the next phase of its subsea compression quest in the Norwegian Sea to up the gas recovery ante at its asset off the coast of Norway.
Given its dedication to curbing the decline in gas production over the coming years, the Norwegian Offshore Directorate (NOD) has given its seal of approval for a new gas export solution, delivering another path for gas exports from a platform in the North Sea, which enhances Norway’s energy securit
U.S.-headquartered technology player SLB has secured a multi-well ultra-deepwater assignment off the coast of Brazil, which will enable the country’s state-owned energy giant Petrobras to scale up its oil and gas production and overall performance.
Norwegian company Sunlit Sea has added new functionality to its online floating solar project planner, enabling users to generate layout suggestions within a defined area. The tool provides an overview of the number of floats required to reach a specific project capacity. The company described the p
France’s energy giant TotalEnergies has secured a multi-year deal to provide liquefied natural gas (LNG) to South Korea’s HD Hyundai Chemical. This boosts the French player’s LNG sales growth.
U.S. oilfield services company Weatherford International has secured a multi-year assignment with SNGN Romgaz, described as Romania’s largest natural gas producer and main supplier, as well as the third-largest gas producer in Europe.
Norway’s state-owned energy giant Equinor has awarded a contract to French cable systems designer and manufacturer Nexans for the delivery of new electrical umbilicals to replace cables that have been operational for over 25 years at its field in the Norwegian Sea. Nexans is scheduled to deliver the
A new case study from Swedish wave energy developer CorPower Ocean highlights the role of wave energy in achieving the lowest-cost 24/7 clean energy in northern Scotland. According to CorPower Ocean, wave energy consistently reduces system costs, installed capacity, and storage requirements across s
TechnipFMC has secured a contract defined as significant, meaning it is worth between $75 million and $250 million, with Brazilian oil & gas company Petrobras for the delivery of subsea production systems. Following a competitive tendering process, TechnipFMC has been selected to design, engineer, a
The EU-funded SUREWAVE project has reached a milestone with the Maritime Research Institute Netherlands (MARIN) extending its hydrodynamic modelling tools to simulate large-scale offshore floating solar farms. According to SUREWAVE, the work scales up to a 2 MW system under different operating condi
A multibillion-dollar boost is on the horizon for the Guyanese economy, thanks to a $6.8 billion investment, which ExxonMobil Guyana, a subsidiary of the U.S.-headquartered ExxonMobil, has set its cap on pouring into the development of its seventh offshore oil project in the Stabroek block off the c
Norway’s state-owned energy giant Equinor has started production from a subsea field in the Barents Sea that is transported to a liquefied natural gas (LNG) plant on Melkøya island for processing.
