The Norwegian Ministry of Petroleum and Energy has approved a revised plan for development and operation (PDO) for partial electrification of the Sleipner field centre. The field centre will be tied to the Utsira High […]
Qatar’s move to sanction the USD 30 billion North Field Expansion project puts the country on track to return as the world’s largest LNG producer by 2030, a Rystad Energy report shows, based on operational […]
Equinor has agreed to divest its interests in the Bakken field in the US states of North Dakota and Montana to Grayson Mill Energy, backed by EnCap Investments, for a total consideration of around USD […]
Equinor has decided to write down the book value of its Tanzania LNG project (TLNG) on the company’s balance sheet by USD 982 million. This will be reflected in adjusted earnings for EPI division in […]
Despite the devastating downturn of 2020, most global majors held up quite well during the market turmoil, a Rystad Energy comparative analysis reveals after measuring key upstream performance metrics. Total outshined all other peers, as […]
Premier has announced that it has completed the farm down of its interest in the Tuna PSC, offshore Indonesia to Zarubezhneft. This follows receipt of Indonesian government approval. Under the farm down agreement, Zarubezhneft will […]
Spirit Energy Norway AS has entered into 5-year agreements with three supplier companies. The agreements are a continuation of a new type of supplier collaboration that was started in 2015, and which has contributed to […]
The Shell Petroleum Development Company of Nigeria Limited (SPDC), has completed the sale of its 30% interest in Oil Mining Lease (OML) 17 in the Eastern Niger Delta, and associated infrastructure, to TNOG Oil and […]
The global lockdown to contain the COVID-19 pandemic has led to low oil and gas demand and a decline in the global energy prices. Against this backdrop, several companies in the Asia-Pacific (APAC) region have […]
McDermott International, Ltd has announced it has completed the KG-D6 R Cluster subsea field development project and achieved pre-commissioning and ready for start-up for Reliance Industries Ltd., in the Krishna Godavari Basin, located off the […]
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