Europe’s only large-scale LNG plant, at Melkoeya island just outside the Arctic town of Hammerfest, can process 18 million cubic meters of gas per day when fully operational.
DOF Subsea is on the case with an impressive 99% recycling and reuse rate in North Sea decommissioning project
A wide range of utilities, oil and gas firms and engineering companies have lined up to develop offshore power projects in Norway, including Equinor, Shell, BP, Ørsted and Eni.
“The agreement includes a cash consideration of $1 billion and a contingent payment structure linked to realized oil and gas prices for both assets for 2022 and 2023,” Equinor said in a statement.
Known as Eldfisk North, the development is part of the wider Ekofisk area in the Norwegian North Sea, where ConocoPhillips has pumped hydrocarbons for more than 50 years. The U.S. operator said the new reserves are expected to come onstream in 2024.
Here’s a snapshot of recent energy deals including HighPeak Energy’s acquisition of Hannathon Permian properties for about $373.4 million plus Chevron’s agreement to acquire a stake in Talos Energy’s proposed Texas carbon capture plant.
Earlier in April, the government set out plans to scale up domestic sources of affordable, clean and secure energy and a new licensing round for North Sea oil and gas.
Here’s a snapshot of recent energy deals including the closing of Targa’s $200 million acquisition of Southcross Energy plus Diversified Energy’s East Texas expansion.
Harbour Energy took ownership of the Tolmount gas field as part of its takeover of North Sea rival Premier Oil last year.
Here’s a snapshot of recent energy deals including SilverBow’s latest Eagle Ford expansion in two transactions worth up to $440 million that includes the acquisition of Sundance Energy.