Partners in the Carmen discovery offshore Norway have confirmed the gas-condensate accumulation through an appraisal well that increased confidence in a resource estimated at 21 MMboe to 107 MMboe recoverable.
Equinor and partners Petoro, Shell, TotalEnergies and ConocoPhillips have approved an investment of approximately USD 410 million in a new subsea development to increase gas production from the Troll field in the North Sea, Equinor announced on Friday. The Troll West Increased gas recovery North (TWIN) project is expected to add approximately 11 bcm (388.5 bcf) of gas production […]
Bilfinger and Schneider Electric have successfully deployed an autonomous offshore buoy in the North Sea, demonstrating a new approach to powering and controlling remote subsea assets without the need for permanent offshore personnel or traditional umbilical connections. The Normally Unmanned Installation (NUI) buoy, developed for Buoyant Production Technologies (BPT), a subsidiary of Crondall Energy, completed 1,000 hours of […]
Vår Energi has taken final investment decision (FID) on the Balder Next New Wells project in the North Sea, advancing the next phase of development in the Balder area and adding 86 MMboe of reserves tied to the Jotun FPSO.
EnerMech has secured a multi-year contract to deliver integrated topside process services across a portfolio of offshore assets in the UK Continental Shelf (UKCS), further strengthening its position in the North Sea.
Aker BP has awarded Aker Solutions a long-term maintenance, modification and operations (MMO) contract covering all Aker BP-operated assets on the Norwegian Continental Shelf.
The Bifrost Project, which comprises two CO2 offshore storage licenses located approximately 200 kilometers west of the Danish coast, is part of TotalEnergies’ North Sea CCS portfolio.
As one of the UK’s most significant subsea infrastructure assets, the FUKA pipeline has the capacity to carry 36 million cubic metres of gas per day. From there, Victory gas will be delivered to the St Fergus Gas Terminal in north-east Scotland, where it is processed to provide a safe and reliable source of energy to the UK economy.
FourPhase has carried out the oil and gas industry’s first fully remote solids management operation offshore, working with Aker BP on a two-month program in the North Sea.
Petrofac said the new commercial terms are supported by the Ad Hoc Group of Bondholders, subject to the agreement of longform documents. The agreement will enable its restructuring to proceed with the consent of those parties, according to a separate statement.