This conversion project is scheduled for completion in the first quarter of 2027.
With this development, Santos unlocks a natural gas resource estimated at one trillion cubic feet.
Despite the suspension, the company has the option to terminate the current contract and offer the platform to new customers.
OIL India aims to drastically reduce methane emissions by 2030.
The oil company is still preparing, with a projection of 60% of decommissioning in the North Sea taking place by 2026-2032.
The project will cover the management of logistics bases, maritime services, and the deployment of oil tankers.
McDermott will lead the decommissioning of the Harriet Alpha platform in Australia, its largest offshore project to date.
Equinor makes an oil and gas discovery in the North Sea, estimated at between 13 and 28 million barrels of oil equivalent.
This is a minimum five-year commitment.
The oil company has achieved more than 60% of its emissions reduction targets for its operations through 2023.
The operation highlighted continuous improvement after achieving efficient and consistent drilling of lateral branches exceeding 4,000 meters.
The oil company improves production at the Vikingo well, reaching 400 bpd and optimizing operating costs with new pumping systems.
