
Chrysaor submits CO2 storage licence application
Chrysaor is seeking agreement for the storage of CO2 in a depleted Southern North Sea gas reservoir.
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Chrysaor is seeking agreement for the storage of CO2 in a depleted Southern North Sea gas reservoir.

The contract, awarded by an oil major in Angola, includes both FPSOs and Tension Leg Platforms.

ADNOC and Total will jointly explore opportunities to reduce CO2 emissions, improve energy efficiency and use renewable energy for oil and gas operations.

Oil prices kept their gains on a combination of good news, the vaccine prospect, US crude stocks and OPEC+ supply indications.

The contract has been awarded by Total, for an exploration survey covering 5000 km2 in the UDO Block Exploration area.

The company’s base case outlook projects some 200 billion boe of new gas resource developments needed to meet demand through to 2040.

The project will see the company responsible for fixed lifting equipment and lifting accessories across the operator’s 11 assets in the region.

The Azeri Central East platform is the first of its kind to be designed through all phases, from concept to FEED and detailed design, to fully utilise KBR's Digital Twin technology.

The Government of Liberia has announced an extension of the timeframe for the Liberia License Round, 2020.

The award is for a booster compression module FEED with optional engineering, procurement and construction (EPC) for the project.

Oil prices extended their gains on Wednesday as Covid-19 vaccine euphoria continues to drive markets, assisted by a report that US crude stockpiles have decreased further than expected for another week.

The unconventional gas was delivered from the Ruwais Diyab Unconventional Gas Concession.