NEW PODCAST EPISODE (Season 2): The principles and pillars of sustainability
New season of the Palladian Energy Podcast: The principles and pillars of sustainability, Ipieca.
Stay up to date with the latest news and updates from the oil industry.
New season of the Palladian Energy Podcast: The principles and pillars of sustainability, Ipieca.
In 2023 the company plans to participate in 25 exploration wells, most of them around existing infrastructure.
The companies have announced their partnership to bring high horsepower, lower emissions technology to hydraulic fracturing.
On 10 January 2023, 25 companies were offered ownership interests in a total of 47 production licences on the Norwegian shelf in the awards in predefined areas (APA) 2022.
The acquisition is based on an enterprise value of US$8 million, plus earn-out pending trading performance over 2023 to 2025.
The systems will be deployed across two of OceanPact’s vessels to support inspection, repair and maintenance services for Petrobras' oilfields.
The company found that outside Russia, discoveries in 2021 were at the lowest level (3.4bnboe) since at least 2008.
The Norwegian Petroleum Directorate consider how Norway has fortified its role as a predictable, long-term supplier of energy to Europe.
The project, supported by industry funding, is expected to complete by the end of 2023, with fast-track products available by June.
Initial production tests indicate flow rates of up to 1800 barrels of oil equivalent per day (boepd).
This contract represents a renewal of the first five-year framework agreement that was awarded to Technip Energies by KOC i
The contract includes the drilling of one firm well, ‘Tomcat’, in PL 1055 in the Norwegian Sea, with the option to drill two further wells in 2024.