
Petoro selects FutureOn as software technology partner
The agreement will provide FutureOn’s FieldTwin Design software for use on strategic field development projects across the Norwegian oil and gas sector on an ongoing basis.
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The agreement will provide FutureOn’s FieldTwin Design software for use on strategic field development projects across the Norwegian oil and gas sector on an ongoing basis.

The campaign uses AUSEA technology developed by TotalEnergies, the French National Research Centre for Scientific Research (CNRS) and University of Reims Champagne Ardenne.

Episode 7 of the Palladian Energy Podcast: Escaping tunnel vision – a bird’s eye view of digitalising energy assets, featuring Lloyd’s Register.

The ten-year agreement aims to ensure predictability, which will be important to both parties in times of many great and important opportunities.

Neptune Energy Norge AS, operator of production licence 153, has concluded the drilling of appraisal wells 35/9-16 S and 35/9-16 A on oil and gas discovery 35/9-3 (Hamlet).

Shell Overseas Investments B.V. and B.V. Dordtsche Petroleum Maatschappij – subsidiaries of Shell plc – have signed an agreement to sell Shell Neft LLC, which owns Shell’s retail and lubricants businesses in Russia, to PJSC LUKOIL.

The company has reached an agreement to sell its Romanian upstream affiliate, ExxonMobil Exploration and Production Romania, to Romgaz for more than $1 billion, subject to government approvals.

Replan is Brazil's largest refinery in terms of processing capacity, with a load of 434,000 bpd. In addition to diesel fuel, it produces gasoline, jet fuel, asphalts, LPG, and propene, among other oil products.

Commercial discovery made by the Athena exploration well, Block 12, in the A, B and C sands.

The company has delivered its entire product line offering during the life of the contract, which includes tubular running services (TRS), fishing and rental services, and will complete the project on schedule despite significant operational challenges resulting from the Covid-19 pandemic.

The new agreement will give Petrobras geoscientists access to advanced technology innovations, including full-waveform inversion (FWI), significantly enhancing their imaging capabilities.

The outcomes would enhance the UK’s energy security and would ensure that emissions from North Sea oil and gas production remain world leading.