Oil and Gas

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.

The transaction also reduces SBM Offshore's net debt through a key financial repayment.

Deltic Energy and Shell confirm that the Selene field could contain up to 176 BCF of gas, with sand quality higher than expected.

The sale boosts its €8 billion revenue target by 2025 and supports its transition to clean energy.