Project & Tenders
Rex’s top-priority: increasing hydrocarbon production and reserves
Rex described the previous year as transformational, revealing that its primary goal for the future is to increase production and reserves.
TechnipFMC scores Asgard subsea iEPCI
TechnipFMC has secured an integrated engineering, procurement, construction and installation (iEPCI) contract to deliver subsea equipment for Equinor’s Smørbukk Nord development. The scope covers a high-pressure, high-temperature subsea production system and associated equipment for a brownfield tie
Mariner partners disagree with Equinor over reserves downgrade
Siccar Point Energy believes that Equinor, the operator of the Mariner field, has been premature in its reserves downgrade for the field.
Horisont Energi and E.ON join in on CCS, clean hydrogen and ammonia
Norwegian clean energy company Horisont Energi and European energy company E.ON will jointly develop carbon capture, transport and storage service, and clean hydrogen and ammonia production and value chains.
Port of Barcelona issues tender for shore power supply at BEST terminal
Port of Barcelona has launched a tender process as part of a pilot project to ensure onshore power supply for ships calling at BEST.
Fortum to supply renewable power to Novatek’s Cryogas-Vysotsk LNG
Russia’s LNG producer Novatek signed a power purchase agreement for renewable electricity with the European energy company Fortum to supply Cryogas-Vysotsk LNG plant.
Equinor to book $1.8 bln impairment as UK field reserves shrink
Equinor has reduced its recoverable reserves estimate for a field in the UK North Sea, which will result in a $1.8 billion impairment.
SeaRAY’s energy storage system on its way to Hawaii
EC-OG’s Halo intelligent subsea battery storage system, which will be integrated into C-Power’s SeaRAY autonomous offshore power system (AOPS), has been shipped from Scotland to Hawaii. Halo, currently on its way to Honolulu, will serve as the energy storage system and gravity anchor for C-Power’s d
Wood in recruitment drive for 200 roles to support growth in Middle East
Wood has marked a year of strategic growth in the Middle East region after accumulating $580 million of secured backlog in 2021.
CGG schedules phase 3 of Northern Viking Graben survey
CGG is set to commence phase three of the dual-azimuth multi-client 3D survey in the Northern North Sea in May. The multi-year survey adds a second azimuth over CGG’s existing Northern Viking Graben (NVG) multi-client 3D survey and extends coverage into the UK Continental Shelf. Starting in early Ma
Ørsted joins Liquid Wind on FlagshipONE e-methanol project
Offshore wind developer Ørsted will buy a 45% share of power-to-fuel developer Liquid Wind’s FlagshipONE e-methanol project in Sweden to decarbonise the maritime sector.
Aker BP cleared to drill pilot well in North Sea
Norwegian offshore regulator has granted Aker BP consent for exploration drilling in the North Sea, using the Deepsea Nordkapp rig.
Driven by gas and LNG, global oil & gas investments set to rise in 2022, Rystad says
Global oil & gas investments will expand by $26 bln this year as the industry continues its recovery from the pandemic, Rystad Energy says.
CNOOC plans to boost output over next three years while fostering energy transition initiatives
CNOOC’s 2022 Business Strategy and Development Plan seeks to increase profit and oil & gas production while advocating green initiatives.