Oil & Gas News

On Monday, May 15, the Njord field in the Norwegian Sea was officially opened by the minister of petroleum and energy, Terje Aasland. The platform and the floating storage and offloading vessel (FSO) have undergone extensive upgrades and are now ready for doubling the field life – and more than doubling production.

MODEC has signed a Sales and Purchase Agreement (SPA) with Equinor Brasil Energia Ltd, a subsidiary of Equinor ASA ("Equinor"), to supply a Floating Production, Storage and Offloading (FPSO) vessel to produce the field cluster of Pao de Acucar, Seat & Gavea in the BM-C-33 block of the Campos Basin offshore Brazil.

Subsea7 announced the award of a contract for a two-phase subsea development. The first phase has been recorded in the backlog of the Subsea and Conventional business unit in the second quarter of 2023. The second phase, expected in 2024, remains subject to sanction by the client.

InteliWell, a joint venture formed to accelerate autonomous well construction, announces that Transocean, on behalf of its customers Wintershall Dea and OMV, has contracted the JV to equip and utilize its proprietary InteliWell software on the drilling rig Transocean Norge.

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