Much of Chinese production comes from mature fields, where infill drilling is the name of the game to keep output flat.
Brazil’s Petrobras has selected Keppel Shipyard Limited for the construction of the P-80 FPSO to be installed in the Buzios field in the Santos Basin pre-salt area.
Saipem's recently awarded engineering, procurement and construction contracts will lead to Angola's first non-associated gas field project.
Equinor plans to electrify its Rosebank oil and gas field project, an uncommon approach to offshore projects in the British North Sea.
Aker Solutions said it would book an order intake of between 2 billion and 3 billion Norwegian crowns (US$206 million-US$309 million) for the Jackdaw contract in the third quarter.
The Nova oil and gas field offshore Norway holds approximately 90 MMboe in recoverable reserves.
Partners Exxon Mobil and Hess reported two new discoveries offshore Guyana at the Seabob-1 and Kiru-Kiru-1 wells, adding to the discovered recoverable resource estimate for the prolific Stabroek Block.