Category: Uncategorized

Worley Rosenberg has won a Subsea7 contract to fabricate subsea structures and spools for Northern Lights Phase II, expanding Norway’s CO2 transport and storage capacity to more than 5 million tonnes/year by 2028.

NG Energy’s Aruchara-6 well flowed up to 8.7 MMcfd and is producing at Maria Conchita in Colombia, while Maurel & Prom spudded Encantado-1X at the Sinú-9 block.

Equinor has exercised options for two additional wells for Odfjell Drilling’s Deepsea Atlantic, extending the rig’s firm contract into late Q4 2027, with options for two more wells remaining.

The U.S. is informally pushing IEA members to release at least 100 million more barrels of emergency oil stocks as diesel and pump prices hit records, sources say.

Senegal has 104 oil and gas blocks open to investors and seeks partners for the Yakaar-Teranga gas project after Kosmos’ exit, Energy Minister Diouf says.

Namibia and TotalEnergies are still negotiating terms for the 160,000-bpd Venus oil project, putting Total’s 2026 FID target and first oil by 2030 at risk.

Norway’s Borgarting Court of Appeal ruled Seadrill breached its contract when redelivering the Hercules rig, ordering it to pay SFL about NOK 525 million ($55 million).

Equinor and Troll partners will skip a second electric compressor at Troll C, avoiding up to 21 months of reduced output and making 2.3 Bcm more gas available in 2027–28.

Equinor and partners Petoro and TotalEnergies have found an estimated 19 to 50 MMboe of recoverable oil and gas at the Grimsnes well in the Norwegian North Sea. The partners plan a quick subsea tieback to the Oseberg Sør platform, with an investment decision possible next summer and production within three years.

Kistos has acquired a 10% interest in Ringhorne licenses PL 169E, PL 956 and PL 956B from Vår Energi for $12.9 million, adding 4.3 MMboe in Norway’s Balder Area.