
SBM Offshore completes project financing of FPSO Almirante Tamandaré
The project financing is provided by a consortium of 13 international banks with insurance cover from 4 international Export Credit Agencies (ECA).
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The project financing is provided by a consortium of 13 international banks with insurance cover from 4 international Export Credit Agencies (ECA).

The UK has lost about 13 billion cubic metres (bcm) of indigenous gas reserves through flaring and venting over the past 10 years, exposing oil and gas operators to £2.6 billion in lost gas sales and £1 billion in Emissions Trading System (ETS) payments.

The company has announced contract fixtures for two of its harsh environment semisubmersibles. Together, the fixtures represent approximately US$113 million in firm contract backlog.

Halliburton has announced that Petrobras will use the Landmark iEnergy® digital platform to address its subsurface challenges.

The US Gulf of Mexico region-wide Lease Sale 259 attracted 353 bids from 32 companies, with high bids totalling US$264 million.

Southeast Asia will be a hotbed for upstream mergers and acquisitions (M&A) in the next two years, with more than US$5 billion of assets up for grabs, Rystad Energy research shows.

The company’s scope of work includes the design and manufacture of the subsea production manifold featuring TCS subsea connectors along with valves sourced from Advanced Technology Valve S.p.A. (ATV) in Colico, Italy.

The company has announced that it will spend US$23 million on a targeted decommissioning programme in Germany this year, plugging and abandoning wells which have ceased production and removing associated infrastructure.

4AP-Geoteknik is joining the group as part of RSK’s expansion into the Nordic region.

Hess Corporation has selected Halliburton’s well construction suite to plan, design, and construct safe, cost effective, and productive wells.

PGS has been awarded a 3D exploration acquisition contract by a major international energy company.

The company has heavily invested in upgrading equipment and processes to improve capacity of its plunger remanufacturing service.