OMV Petrom outlines key advancements in Romania’s energy development, reinforcing its long-term commitment to offshore, onshore, and deepwater exploration projects.
The award follows McDermott's successful completion of front-end engineering design (FEED), engineering optimization and readiness planning for the project.
The Lofn and Langemann wells in license 1140 lie between Gudrun and Eirin, with estimated recoverable volumes of 5–18 million Sm³, or 30–110 million barrels.
The Goliat North exploration well in the Barents Sea discovered up to 5 million barrels of oil equivalent, which Vår Energi plans to tie back to the Goliat FPSO.
Wood PLC will deliver critical topside and control system upgrades on the Gullfaks A platform to enable gas exchange and increase production flexibility for Equinor's Snorre field.
This light crude oil project in the Beibu Gulf Basin utilizes new processing and wellhead platforms, connecting to existing facilities, to reach a 16,900 BOE/day plateau by 2026.