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Subsea7 wins contract for Equinor’s Fram Sør project, offshore Norway

Oil & Gas 360º

Offshore installation activities are expected in 2026, 2027 and 2028. “The FEED study enabled Subsea7 to engage early in the field development process, optimizing design solutions and contributing to the final investment decision. The Fram Sør project will be connected to the existing Fram and Troll C infrastructure.

Offshore 130
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Iraq Expands Gas Projects to Curb Flaring

Iraq Business News: Oil & Gas

Gas field contracts under the 5th and 6th licensing rounds have been awarded to international companies, alongside dozens of investment agreements to develop both associated and free gas resources. The Ministry reiterated its commitment to maximise national resource utilisation, enhance electricity supply, and boost petrochemical production.

Gas 59
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Iraqi PM Discusses Oil & Gas Investment with US Firm

Iraq Business News: Oil & Gas

The talks focused on potential cooperation and investment opportunities, including the development of oil fields and the capture of associated gas. Prime Minister Al-Sudani reiterated Iraq's goal to fully utilise all associated gas produced from its oil fields by 2028.

Gas 45
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Oil Review Middle East - Untitled Article

Oil Review Middle East

Of this, 40% is dedicated to slowing down production declines at existing fields. Between 2026 and 2028, the global LNG market is set to experience its largest ever capacity growth, with the USA set to nearly double its export capacity. Global refinery investment in 2025 is set to fall to its lowest level in the past 10 years.

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Eni, Sonatrach to Bolster Energy Cooperation

Rigzone

“In addition, the two companies will strengthen collaboration in the field of renewable energy and energy transition, namely through the definition of new initiatives” The MoU was signed during the Italy-Algeria intergovernmental summit in the presence of Algerian President Abdelmadjid Tebboune and Italian Prime Minister Giorgia Meloni.

Energy 86
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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

percent for 2028 to 2030, based on ETS directive, “Directive 2003/87/EC of the European Parliament and of the Council of 13 October 2003 establishing a M9 system for the greenhouse gas emission allowance trading within the M9 Union and amending Council Directive 96/61/EC,” European Union, March 1, 2024. percent, dropping to around 0.8

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Subsea7 Wins Contracts Offshore Norway, Egypt

Rigzone

Engineering and project management will begin immediately in Subsea7 offices in Norway and the United Kingdom, with offshore installation activities expected in 2026 through 2028. The FEED study enabled Subsea7 to engage early in the field development process, optimizing design solutions and contributing to the final investment decision.

Offshore 102