Norway's Equinor started production at its oil and gas field Martin Linge in the North Sea near the maritime border with Britain, the company said on July 1.
Here’s a snapshot of recent energy deals including an ‘exciting re-entry’ by Surge Energy and Nabors’ Canadian exit plus an investment in a synthetic natural gas startup by Baker Hughes.
Green infrastructure developer Cerulean Winds has named NOV as the first of its delivery partners for the fabrication of its proposed integrated 200-turbine floating wind and hydrogen development off the coast of Scotland, the company said on June 30.
Shell, which operates the Shearwater hub, exercised its right of first refusal to the stake after BP agreed last month to sell its stake to Tailwind, a private oil producer backed by commodity trader Mercuria.
Participation in the new partnership will give Baker Hughes the ability to test and scale its carbon capture, utilization and storage technologies portfolio, the Houston-based company said.
Range Resources Marcellus Shale wells, Permian Basin results, a Norwegian North Sea wildcat from ConocoPhillips plus Middle Bakken completions by Kraken Resources top this week’s oil and gas drilling activity highlights from around the world.
Recoverable resources are between an estimated 8 and 23 million barrels of oil equivalent, Equinor and partners say.
The technology, developed by PaleBlue and used to train astronauts travelling to the International Space Station, will reduce the need for offshore travel, lower costs and associated emissions and support safe operations.