The platform is expected to start producing crude oil at full capacity in late summer 2025.
One out of every three barrels of oil extracted in Norway comes from the Johan Sverdrup field.
The assignment of the NAGA 5 platform is part of the group's strategy to maximize the utilization of its fleet.
The financial extension will allow Tower Resources to move forward with contracting services and logistical preparations related to the NJOM-3 well.
This process converts the evaporated gas into usable city gas. During the construction of a container ship in South Korea, they succeeded in converting LNG vapors…
This new accumulation, estimated between 9 and 15 million barrels, is in addition to the base volume of the field, whose initial potential was estimated between…
Brazil's Petrobras chooses DOF Group ASA to expand operations with two vessels in the market.
The court approves the judicial dissolution of three key companies of the Prax Group following the request of the Official Receiver.
The deployment of advanced technologies, coupled with a strategy focused on sustainable performance, positions ADNOC Drilling as a key player in the future of efficient oil…
This first steel cut activates the timeline to production and symbolizes the consortium's commitment to an infrastructure that will enhance deepwater energy production.
Fram Sør's CO₂ intensity will be only 0.5 kg per barrel, compared to 16 kg for the industrial average.
With this partnership, Glenfarne reserves 50% of the Alaska LNG project's available capacity for sale to third parties.
