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.
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.
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.
Completions
Schlumberger Introduces Symphony Live Downhole Reservoir Testing
The technology platform enables well-testing control to deliver real-time downhole measurements.
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.
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.
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.
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.
Field Development
Aker BP Says Norway’s Hod Oilfield Revamp to Cost $596 Million
Output is scheduled to resume in first-quarter 2022.
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.