All three of Equinor’s projects to deliver deep cuts in emissions from industries and support clean growth on the UK’s east coast have received public funding from UK authorities. With a combination of private and public funding, Equinor and its partners will now progress these projects in order to create the world’s first net zero industrial cluster by 2040.

Guyana has started the year with an exploration disappointment as a partner in the ExxonMobil-operated Canje block last week revealed that the first wildcat in the license failed to deliver. However, Rystad Energy expects exploration activity in the country to rebound with an annual record of 16 wells, including on the Stabroek block, also operated by ExxonMobil.

FutureOn, the global software company specializing in the energy sector has joined forces with McDermott to discuss how transformative digital twin technology will accelerate the energy transition at the 2021 Australasian Oil & Gas (AOG) Exhibition and Conference, taking place 10-11 March in Perth, WA.  

Equinor and partners Vår Energi and Petoro have struck oil in exploration well 7220/7-4 in production license 532 in the Barents Sea. Recoverable resources are so far estimated at between 5 and 8 million standard cubic meters of recoverable oil, corresponding to 31 – 50 million barrels of recoverable oil.

CRP Subsea has been awarded a contract by Maersk Drilling for the supply of CRP Subsea’s unique low-drag VIV suppressing Helically Grooved Drill Riser Buoyancy.

Subsea, trenching and excavation pioneer, Rotech Subsea, has completed a major well-head and jacket reburial scope in the North Sea for a leading international offshore marine services player. Rotech Subsea mobilized its next generation TRS2 Controlled Flow Excavation (CFE) and Suspended Jet Trenching tool to complete the jacket template and well-head reburial in the Southern North Sea in Q3, 2020. The Rotech RSG grab tool also assisted in the recovery of a PLET structure in the UK Southern Basin.

Fugro is conducting a seep survey and geochemical campaign in Block 48, offshore Suriname, for PETRONAS Suriname E&P B.V. (PSEPBV). PSEPBV is a subsidiary of PETRONAS, a global energy and solutions partner ranked amongst the largest corporations in the Fortune Global 500.

Equinor has awarded PGS and Shearwater GeoServices framework agreements for 4D towed streamer seismic acquisition on the Norwegian continental shelf (NCS). The agreements have a total estimated value of around NOK 700 million.

The American Petroleum Institute (API) has signed a Memorandum of Understanding (MOU) with the Centre for Local Business Development (the Centre), Guyana’s premier organization for oil and natural gas information, training and policy advocacy.

As part of the increasing demand for offshore surveillance, maritime analytics and data leader, GateHouse Maritime, has won a contract issued by gas transmission system operator, GAZ-SYSTEMS. With the 5-year contract, GateHouse Maritime will provide data analytics to automate monitoring of a new gas pipeline in the Baltic Sea which will deliver Norwegian gas to Danish and Polish households.

LFH Engineering, which is based in Scotland, has invested £250,000 to develop a specialist pump for the oil and gas industry, utilising expertise which it has built designing and manufacturing pumps for diesel engine cooling systems used on international shipping vessels, locomotive and emergency diesel generators to the nuclear industry.

CGG has announced phase two of its multi-client 3D survey in the Northern North Sea, which will expand on the phase one acquisition initiated in 2020 to add a second azimuth over CGG’s existing Northern Viking Graben (NVG) multi-client 3D survey and extend coverage into the UKCS. The survey is supported by industry pre-funding.

The Gas Exporting Countries Forum (GECF), the global platform of the leading gas producing nations, will be hosting the 50th lecture of its signature GECF Gas Lecture Series on Wednesday, 17 March 2021 at 1:00 p.m. Doha time.

Offshore oil fields need to optimize productivity to remain profitable and this often means that water injection pumps are used to increase the speed of oil recovery.

Global integrated solutions specialist EnerMech has been awarded a five-year contract by Chevron Australia to provide a range of integrated services to its Western Australian oil and gas facilities.

The updated ‘Guidelines for GNSS Positioning in the Oil and Gas Industry’ has been released by the International Association of Oil & Gas Producers (IOGP) as IOGP Report 373-19 and the International Marine Contractors Association (IMCA) as IMCA S 015.