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(World Oil) – Subsea7 has been awarded a large 1 contract by Equinor relating to the Fram Sør development project, offshore Norway, the company announced Thursday. Offshore installation activities are expected in 2026, 2027 and 2028. The Fram Sør project will be connected to the existing Fram and Troll C infrastructure.
Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Subsea7 Wins Contracts Offshore Norway, Egypt by Rocky Teodoro | Rigzone Staff | Wednesday, July 23, 2025 | 8:00 AM EST The company was awarded two contracts offshore Norway and one offshore Egypt. Image by curraheeshutter via iStock Subsea 7 S.A. The Fram Sor area is located 6.2
Expected to start up in 2028, the power station will capture up to 2 million tpy of CO2 for permanent storage offshore in the North Sea, representing a major step forward in the UK’s path to net zero.
Start-up is targeted 2028. Image by Oleksii Liskonih via iStock TotalEnergies SE said Wednesday it has unlocked new production of 60,000 barrels per day (bpd) gross in Angola with the start-up of Begonia and CLOV Phase III. Elsewhere in Angola, TotalEnergies and its partners approved the Kaminho project in block 20/11 last year.
NEP is developing onshore and offshore infrastructure needed to transport CO 2 from carbon capture projects across Teesside and the Humber – collectively known as the East Coast Cluster – to secure storage under the North Sea. Already a member?
percent for 2028 to 2030, based on ETS directive, âDirective 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,â European Union, March 1, 2024. percent, dropping to around 0.8
Woodside Energy) in support of the Trion deepwater oil and gas development offshore Mexico. Representing the first deepwater oil production in Mexico, the project is a joint venture between Woodside Energy and Petróleos Mexicanos (PEMEX), with first oil targeted for 2028. Please upgrade your browser to improve your experience.
million barrels of oil and gas equivalent per day (boed) in the second quarter, up by 6% from a year ago and a record for the period, following last year’s $60 billion acquisition of Pioneer Natural Resources and rising output from low-cost operations in the Permian shale basin in the United States and offshore Guyana. Exxon pumped 4.63
Image by CoreDesignKEY via iStock United Oil & Gas Plc said it has received an environmental permit from Jamaica's National Environment and Planning Agency (NEPA) for UOG's planned offshore surveys at its 100 percent owned Walton Morant License. The environmental permit is valid for five years, the company said in a news release.
percent stake in the Scarborough field offshore Western Australia to Japanese companies: 15.1 Delivery is set to start 2028. The LNG will come from Woodside’s LNG portfolio including the Scarborough Enbergy Project, JERA said. Last year Woodside sold a 25.1 percent to JERA and 10 percent to LNG Japan.
If approved, Eni said the Enilive-operated Sannazzaro biorefinery would begin producing 550,000 tpy of renewable fuels by December 2027, with Eni subsidiary Versalis SPA’s planned Priolo biorefinery to follow by yearend 2028 at a nameplate production capacity of 500,000 tpy ( OGJ Online, June 24, 2025 ). 14, 2025 ).
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As part of its second-quarter 2025 report released July 23, Woodside chief executive officer Meg O’Neill said the Trion project offshore Mexico is now 35% complete. First oil is targeted for 2028. The FPU and FSO installation contract with SBM Offshore ( OGJ Online, Aug. The service provider said in a July 28 release.
The Port Arthur LNG Phase 1 project, which is currently under construction, is expected to achieve commercial operation in 2027 and 2028 for trains 1 and 2, respectively. million tpy of LNG to JERA on a free-on-board basis. Sign Up Connect Follow us for the latest industry news and insights.
They expect to make an FID this year and deploy the unit in 2028. “The FLNGs will be located in close proximity of each other, offshore in the Gulf of San Matias Gulf in the province of Rio Negro, Argentina.
It also launched an auction offering over 10 GW of solar and wind, targeted for commercial operations 2026-29, and a separate auction for fixed-bottom offshore wind installations totaling 3.3 GW, targeted for start-up 2028-30.
Oklo has a DOE site permit for its first reactor at the Idaho National Labs with plans for commercial operation by 2028. Its commercial Aurora power plant is engineered to produce 75 megawatts. The company’s acquisition of Atomic Alchemy also allows Oklo to produce radioisotopes critical for medical and defense applications.
Kelsian expects approximately $59 million in total contract revenue for the initial work scope, anticipated to be delivered over a roughly three-year period to August 2028, although the exact value may still change. Sørlige Nordsjø II is Norway’s first significant offshore wind development.
megawatt (MW) wind farm in East Ayrshire, Scotland, expecting to put the facility into production 2028. Green Wilhelmshaven, envisioned to be a European hydrogen interconnection hub, will include a one-gigawatt electrolyzer planned to be powered by offshore wind. Image by Nicholas J. Construction will be carried out by Greening Group.
Image by nielubieklonu via iStock TotalEnergies SE said it has signed an agreement to acquire the 25 percent interest held by Spanish integrated energy firm Moeve, formerly known as CESPA, in Block 53 offshore Suriname. Production start-up is expected in 2028, the company said. The interest is held by CEPSA Suriname S.L.,
Related In 2023, when Chevron announced its plan to acquire Hess, the company noted an overall plan to divest $10-15 billion in assets through 2028. The 300 MMscfd supplied to Thailand covers 6% of its domestic gas demand. He is a member of the Society of Petroleum Engineers (SPE).
Skip to content Oil & Gas Exploration & Production (E&P) Crude Oil Natural Gas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services Hydraulic Fracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, (..)
(World Oil) – SLB has been awarded a major drilling contract by Australian independent Woodside Energy for its ultra-deepwater Trion development project, offshore Mexico. First production is targeted in 2028. Manufacturing is currently on track. Woodside is developing the field in partnership with Pemex.
Odfjell Oceanwind has secured a slot with 24 MW capacity grid connection at the Marine Energy Test Centre (METCentre), where it will install one full-scale floating offshore wind turbine in 2028
Canada's Bay-du-Nord offshore oil project has received federal government approval. It is scheduled to go onstream by 2028, two years before the country’s 2030 deadline to reduce emissions from the sector by 31% from 2005 levels. One could claim the government is suffering from cognitive dissonance in this decision.
Wallace Pescarini, presidente de Offshore Atlantic de SLB, subray la complejidad del entorno tcnico y destac que la compaa aportar su experiencia global en perforacin en aguas ultra-profundas, junto con hardware digitalizado e inteligencia artificial para garantizar seguridad, eficiencia y calidad en la activacin de los pozos.
A final investment decision on TotalEnergies' new Cyprus gas project could come in 2026, CEO Patrick Pouyanne told analysts on Wednesday, with deliveries expected in 2028 or 2029
Although both onshore and offshore drilling occur in Alaska, most of the activity is on land, particularly in the North Slope, which is where the Nuna and Pikka projects are being developed. The companies plan to drill an additional 58 wells by 2028, which would support relatively high rig activity.
Set to join the fleet between 2027 and 2028, they will be developed through a collaboration between ADNOC Drilling and Honghua Group (HH) which will see AI, advanced digitalisation and real-time analytics embedded into rig design and operations.
This phase involves the use of a floating processing unit in the offshore well area, located 220 km from the shore, to separate natural gas and condensates. Integrating it into the production map is expected to take effect by 2028.
A travs de un comunicado se dio a conocer que la empresa inform que en junio de este ao iniciar el proceso de comercializacin de 51 Gbtud de gas natural que produce en los campos Cupiagua y Cusiana, gas que estar disponible para atender la demanda del mercado desde diciembre de este ao y hasta noviembre de 2028.
The Hail & Ghasha offshore development project, which is set to produce more than 1.5bn standard cubic feet per day (bscfd) of gas before the end of the decade, and the Ruwais LNG project are key ADNOC focuses. ADNOC's LNG capacity is set to expand significantly with the Ruwais LNG project (9.6
Gulf of America (Mexico) Offshore Giant Making a Comeback 2023-2024 Overview The Gulf of America (Mexico) remains a cornerstone of U.S. offshore oil production, accounting for around 15% of total domestic crude output. Beacon Offshores Shenandoah Field: This project is another major deepwater initiative, targeting 0.12
Department of the Interior released its proposed Outer Continental Shelf (OCS) five-year program for offshore oil and gas leasing. The five-year program that was proposed last week continues the Biden Administration’s commitment to energy transition with up to 11 potential lease sales in 2023-2028, but with none guaranteed.
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