Equinor, bp, TotalEnergies Finalize Deal in UK’s First CCS Projects
Equinor, in partnership with bp and TotalEnergies, have reached the final investment decision for two of Britain’s carbon capture and storage (CCS) projects in northern England.
News / International
SLB Boosts Drilling Efficiency with AI-Driven Geosteering Solution
SLB has launched Neuro™ autonomous geosteering, an AI-driven solution designed to improve the efficiency and productivity of drilling operations while reducing their carbon footprint.
Petrobras, Ecopetrol Confirm Colombia’s Largest Gas Discovery
Petrobras and Ecopetrol have confirmed the largest gas discovery in Colombia's history in the Sirius-2 well, which holds over 6 trillion cubic feet (tcf) of gas.
Equinor Completes Asset Sales in Nigeria, Azerbaijan for $2B
Equinor has completed the sale of its assets in Nigeria and Azerbaijan, realizing a total consideration of up to $2 billion. This marks the end of the Norwegian oil and gas company's operations in these two countries after nearly 30 years.
Woodside Signs Deal with Bechtel to Develop Louisiana LNG Project
Australia's Woodside Energy Group has signed a contract with US Bechtel for engineering, procurement and construction (EPC) of the Louisiana liquefied natural gas (LNG) project, with final investment decision (FID) expected by the first quarter of 2025.
Russia, Pakistan to Cooperate in Oil, Gas Exploration
Russia and Pakistan have discussed cooperation in offshore oil and gas exploration and refining during intergovernmental meetings this week in Moscow, according to Reuters.
Shell, Equinor to Create UK’s Largest Independent Oil, Gas Company
Shell and Equinor have partnered to combine their UK offshore oil and gas assets and expertise to form a new company, aimed to be the UK North Sea’s biggest independent producer.
SLB Completes World’s First Industrial-Scale Cement CCS Plant in Brevik, Norway
SLB Capturi has completed the construction of the carbon capture plant at Heidelberg Materials’ cement facility in Brevik, Norway, marking the world's first industrial-scale project of its kind.
CNOOC Starts Production at Huizhou 26-6 Oilfield Development Project
CNOOC has commenced production at Huizhou 26-6 Oilfield Development Project in the Peral River Mouth Basin. The project, with an average water depth of about 110 meters, is expected to achieve a peak production of about 20,600 barrels of oil equivalent per day (boe/d) in 2027. The main products include light crude and natural gas.
Indonesia Signs Contract with Harbour Energy, Mubadala for Development of Central Andaman Block
Indonesia has signed a contract with units of Harbour Energy and Mubadala Energy for the development of the Central Andaman oil and gas block, according to Reuters.
