An exploration well has discovered both oil and gas, and a separate gas discovery. The resources are estimated at 0.1 to 1.1 million standard cubic meters.
SLB OneSubsea has been awarded a contract by Equinor for the Fram Sør Project, which will use all-electric subsea technology to enhance operator control and reduce emissions.
Northern Lights, the world's first merchant CO2 transportation and storage project, has a fully booked first phase with a capacity of 1.5 Mt CO2/year, with a second phase to expand to over 5 Mt by 2028.
The vessel is one of the resources that will be put into practice during the Pre-Operational Assessment (APO), the final stage of the licensing process for drilling a deepwater well.
With the arrival of new methane emissions standards and legal reporting dates, the detection and monitoring of environmentally damaging gases is the spotlight like never before.
Halliburton was awarded a multi-year contract by ConocoPhillips to provide comprehensive well stimulation services in the North Sea and improve well and reservoir performance.