TechnipFMC has been awarded a significant engineering, procurement, construction, and installation (EPCI) contract by Equinor for subsea tiebacks for the Halten East development on the Norwegian Continental Shelf. The contract covers the manufacture and installation […]
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. The […]
Wintershall Dea is divesting its ownership of the Brage field and transferring the operatorship to the mid-late life specialist operator OKEA. In the next chapter of Wintershall Dea’s story in Norway the company will build […]
To ensure a close and long-term collaboration, Equinor and Aibel have entered into a strategic collaboration agreement. The 10-year agreement aims to ensure predictability, which will be important to both parties in times of many […]
The North Sea Transition Authority (NSTA) has published its Corporate Plan, outlining its priority areas for the next 5 years (2022-2027). The previous Plan was produced in 2019 and, since then, the NSTA has revised […]
Asia is expected to witness the highest small-scale LNG liquefaction capacity additions globally during 2022 to 2026, contributing about 27% of the total global small-scale LNG liquefaction capacity additions by 2026, says GlobalData, a data […]
Subsea 7 has announced the award of a sizeable project by bp for the TOPR project located offshore Trinidad and Tobago, in water depths of up to 280 feet. The project covers the installation of […]
The North Sea Transition Authority (NSTA) has extended the UKCS mediation pilot in order to gather further data to judge its overall value. The scheme was first launched in 2020 to gauge whether or not […]
Equinor and Sval Energi have entered into an agreement for the sale of Equinor’s non-operated share in the Greater Ekofisk Area and a minority share in Martin Linge (19%). The agreement includes 7.604% of Ekofisk […]
A liquified natural gas (LNG) crisis is brewing for European countries dealing with energy insecurity in the wake of Russia’s invasion of Ukraine, as demand will outstrip supply by the end of this year, Rystad […]
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