
BW Offshore closes the transaction for the sale of Abo FPSO
The company has closed the transaction for the sale of Abo FPSO to STAC Marine Offshore Limited, a member of the Nigerian Transport Group for US$20 million.
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The company has closed the transaction for the sale of Abo FPSO to STAC Marine Offshore Limited, a member of the Nigerian Transport Group for US$20 million.

The 10-year agreement, including options, allows TWMA to extend its global drilling waste management services to Equinor’s operations, allowing the company to process its drilling waste safely and sustainably.

bp has announced that Kate Thomson has been appointed Interim Chief Financial Officer. Her appointment follows the appointment last week of Murray Auchincloss as bp’s Interim Chief Executive Officer

Halliburton Company has introduced the GuideStar™, a service that uses high-resolution sampling to provide continuous, definitive survey measurements for more precise wellbore positioning.

The Johan Castberg partnership, consisting of Equinor, Vår Energi and Petoro, is updating the project cost estimate. The investment estimate has increased by almost NOK 13 billion since last year.

DNO has announced a gas condensate discovery on the Norma prospect in the Norwegian North Sea license PL984 in which the Company holds a 30 percent operated interest.

The companies have signed a multi-year contract to deploy Akselos' digital twin technology on the ABS-classed Atlanta FPSO in Brazil's Santos Basin.

The company has announced a series of key contract wins across the Asia Pacific (APAC) region.

Orcadian has entered into a non-binding Heads of Agreement (HoA) with a North Sea operator (the Operator), which details a potential farm-out of the Pilot development project.

Touchstone Exploration has provided an update regarding natural gas and liquids production volumes from the recently commissioned Cascadura facility.

BP has announced that Bernard Looney has notified the Company that he has resigned as Chief Executive Officer with immediate effect.

OPEC has noted, on the International Energy Agency’s recent Op-Ed published, asserting that fossil fuel demand would peak before 2030, that consistent and data-based forecasts do not support this assertion.