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Eni to splash €5.7 bln by 2024 in carbon-neutrality push

Italian oil and gas company Eni has released its Eni for 2020 sustainability report, outlining the company's path to face the global challenges. The post Eni to splash €5.7 bln by 2024 in...

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Equinor signs deals with startups from Energy Accelerator event

Equinor's corporate venture arm Equinor Ventures has signed deals with and gave prizes to participants of the Equinor and Techstars Energy Accelerator. The post Equinor signs deals with startups from...

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Remazel to supply mooring and riser for Prosperity FPSO

Italian engineering firm Remazel Engineering has been chosen as the supplier of the complete mooring tensioning system and riser pull-in package for the Prosperity FPSO being built by SBM Offshore. The...

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Prosafe heading to Supreme Court over Westcon case

Offshore accommodation rig provider Prosafe is heading to the Supreme Court to appeal a recent ruling by a Norwegian Court of Appeal. The post Prosafe heading to Supreme Court over Westcon case...

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Chevron shuts in Tamar gas field amid unrest in Israel

Chevron has shut down production at its Tamar field located offshore Israel amid escalating violence and tensions in the region. The post Chevron shuts in Tamar gas field amid unrest in Israel appeared...

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Seadrill JV lands 12-well drillship contract in Angola

A new, twelve-well drillship contract has been awarded to a joint venture between Seadrill Limited and Angola's oil and gas player Sonangol. The post Seadrill JV lands 12-well drillship contract in...

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Upstream spending cut by $285bn as Covid-19 takes its toll, Rystad says

The toll of the Covid-19 on upstream investments in the first two years of the downturn is estimated at $285bn, Rystad Energy reports. The post Upstream spending cut by $285bn as Covid-19 takes its...

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IOG supports research to test carbon storage sites in North Sea

IOG is supporting research that will identify, examine, and test carbon storage sites in the Southern North Sea. The post IOG supports research to test carbon storage sites in North Sea appeared first...

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FAR ‘disappointed’ over share trading reinstatement refusal

Australia’s FAR Limited has expressed its disappointment with the Australian Securities Exchange’s (ASX) refusal to reinstate the trading of the company’s shares. The post FAR ‘disappointed’ over share...

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IGI Poseidon reveals EastMed pipeline trifecta

IGI Poseidon has selected the contractors for the environmental and social impact assessment (ESIA) […] The post IGI Poseidon reveals EastMed pipeline trifecta appeared first on Offshore Energy.

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Spirit gets life extension for North Sea field

Spirit Energy has received approval from Norwegian authorities for a life extension of its Vale gas field located offshore Norway. The post Spirit gets life extension for North Sea field appeared first...

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Union working to avoid downsizing of 200 rig workers

A Norwegian union is working to avoid the downsizing of 200 workers of the West Mira rig following a recent contract termination. The post Union working to avoid downsizing of 200 rig workers appeared...

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In focus: Carbon capture and storage as key element in achieving decarbonisation

In this edition of In focus, we’ll be looking at ways through which the offshore energy sector is working to reduce carbon emissions. The post In focus: Carbon capture and storage as key element in...

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Hibernia platform: Investigation launched after near-miss incident

A near-miss incident with the potential for fatality has happened on the HMDC-operated Hibernia platform offshore Canada. The post Hibernia platform: Investigation launched after near-miss incident...

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TechnipFMC nets EPCI contract for Captain EOR subsea equipment

TechnipFMC has secured an engineering, procurement, construction and installation contract (EPCI) for subsea equipment […] The post TechnipFMC nets EPCI contract for Captain EOR subsea equipment...

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OMV Petrom turns to Black Sea following Kazakhstan exit

Romanian oil and gas company OMV Petrom has closed the sale of its onshore oilfields in Kazakhstan to focus on its portfolio in the Black Sea region. The post OMV Petrom turns to Black Sea following...

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Offshore safety regulator inspects BP’s Argos platform

BSEE has conducted a pre-production inspection of BP's Argos platform slated for operation in the U.S. Gulf of Mexico. The post Offshore safety regulator inspects BP’s Argos platform appeared first on...

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Petropars to develop $1.78 billion Farzad B gas field in Iran

The National Iranian Oil Company (NIOC) has signed a contract worth $1.78 billion with compatriot Petropars Group for the development of Farzad B gas field in the Persian Gulf. The post Petropars to...

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Magseis Fairfield adds Norwegian 4D OBN survey to to-do list

Magseis Fairfield has secured a contract to carry out a 4D Ocean Bottom Node […] The post Magseis Fairfield adds Norwegian 4D OBN survey to to-do list appeared first on Offshore Energy.

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ExxonMobil hopes to repair faulty Guyana FPSO before mid-2021

ExxonMobil is working to resolve technical challenges and design issues on its Liza Destiny FPSO as it awaits the arrival of a key component. The post ExxonMobil hopes to repair faulty Guyana FPSO...

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