FutureOn, a global software company specializing in the energy sector and creator of the award-winning SaaS field design applications, FieldAP, and its APIcentric collaboration platform, FieldTwin, has been awarded a contract from Aker BP.

Baker Hughes has been awarded a subsea oilfield equipment contract from Petrobras as part of the Marlim and Voador field revitalization plan in the Campos Basin, offshore Brazil.

Seadrill Limited has secured a 4-year firm contract with four one-year options, for the West Saturn drillship with Equinor Brasil Energia Ltda for work on the Bacalhau field in Brazil. 

Based on extensive analyses and mapping of damages, Equinor has updated the schedule for repair and start-up of the LNG plant on Melkøya after the fire on September 28, 2020. Due to the comprehensive scope of work and Covid-19 restrictions, the revised estimated start-up date is set to 31 March 2022.

Australia is expected to witness the commencement of 118 oil and gas projects’ operations across value chain during the period 2021-2025, accounting for 6% of the total project starts in the Asia-Pacific (APAC) region.

CGG has announced the delivery of the fast-track data from its Agata Reimaging program over the Agata block in the Santos Basin, a highly prolific area of Brazil’s offshore pre-salt.

TechnipFMC has received a Notice to Proceed for a significant ⁽¹⁾ subsea production system contract from Santos Ltd. (ASX: STO) for the Barossa project, located 300 kilometers north of Darwin, Australia, at a water depth of approximately 130 meters.

Siem Offshore has entered into a contract for an offshore project in Gulf of Mexico, with an undisclosed subsea construction company. The project will utilize the OSCV Siem Spearfish for a scope of work consisting of Subsea and ROV duties, under a minimum duration of 110 days, plus options.

Vår Energi has awarded a three-year inspection services contract to a strategic partnership between DNV and Vinde Tilkomstteknikk. The contract will cover inspection services to the oil and gas operator’s full portfolio of assets on the Norwegian Continental Shelf.

Chrysaor Norge AS has awarded Applied Petroleum Technology (APT) a frame agreement to provide geochemical and biostratigraphic analyses for the operator’s E&P activities on the Norwegian continental shelf.

ExxonMobil has made an oil discovery at the Uaru-2 well in the Stabroek Block offshore Guyana.

Equinor and its partners Petoro, Total, Neptune and Wintershall Dea have decided to develop Askeladd Vest, which is in the southern Barents Sea. The investment is close to NOK 3.2 billion.

The Gas Exporting Countries Forum (GECF, Forum) welcomes the announcement of the Net-Zero Producers Forum (NZPF), which formalized climate commitments of Canada, Norway, Qatar, Saudi Arabia, and the United States.

AGR and its Australian team have won a contract to assist with well planning and engineering on the Jade prospect in Block 29/11, offshore China.
 


The oil and gas (O&G) industry must look to new, acoustic data-based methodologies to improve the diagnosis of well integrity issues and inform successful remediation and plug and abandonment (P&A) strategies.

Natural gas production in the US is set to grow to a new record in 2022, at 93.3 billion cubic feet per day (Bcfd) and will continue to rise further, exceeding 100 Bcfd in 2024, a Rystad Energy analysis shows.