North Sea

Field Development , Subsea

Equinor Awards Framework Contract for Statfjord North Sea Field

According to the agreement the parties will collaborate in new ways while carrying out the work on Statfjord safely and efficiently.

July 6, 2020

Exploration & Production , Technology

E&P Offshore Solutions: Decommissioning—The Time for Action is Now

Decommissioning is an important part of securing a long-term future for the whole of the energy industry.

July 2, 2020

Acquisitions & Divestitures , Trends

Energy A&D Transactions from the Week of July 1, 2020

Here’s a snapshot of recent energy deals including a $5 billion divestiture by BP as the London-based major shifts its focus to low-carbon energy.

July 1, 2020

Completions

Schlumberger Introduces Symphony Live Downhole Reservoir Testing

The technology platform enables well-testing control to deliver real-time downhole measurements.

July 1, 2020

Digital Oilfield , Logistics , Subsea

Baker Hughes New Approach Connects Entire Subsea Development Process

Subsea Connect reduces development costs by 30%, which can help unlock more than 16 billion barrels of oil, Baker Hughes says.

June 30, 2020

Exploration & Production , Acquisitions & Divestitures

Edison, Energean Cut Oil Deal’s Value by Two Thirds

Mediterranean-focused Energean last year agreed to buy the oil and gas operations of Edison for up to $850 million, but the parties agreed to revise the deal because of the amendments and a weaker price outlook.

June 29, 2020

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (June 26, 2020)

Wolfcamp-Spraberry Trend wells completed by Earthstone Energy in the Permian Basin plus four strong Haynesville Shale discoveries from two separate pads in Louisiana’s Sabine Parish top this week’s drilling activity highlights from around the world.

June 26, 2020

Subsea

Equinor Awards North Sea Work to Aker Solutions

Aker Solutions has been awarded a letter of intent from Equinor for the delivery of a subsea system for the Breidablikk project in the North Sea, the company said on June 24.

June 25, 2020

Field Development

Aker BP Says Norway’s Hod Oilfield Revamp to Cost $596 Million

Output is scheduled to resume in first-quarter 2022.

June 24, 2020

Exploration & Production , Subsea

Equinor Awards Offshore Norway Deals worth $189 Million to TechnipFMC

Equinor has awarded two contracts and issued a letter of intent to TechnipFMC for pipelaying and subsea installation for three projects on the Norwegian continental shelf (NCS), the company said on June 23.

June 23, 2020