Sembcorp Marine delivered 8th-gen ultra-deepwater drillship, which is expected to open up previously inaccessible resources, to Transocean subsidiary.
Hart Energy looks at Brazil and Guyana, countries expected to add 3.6 MMbbl/d of production between 2023-2027 with the addition of 21 FPSO units over the five-year timeframe.
Southeast Asia's biggest economy has pledged to reach net zero emissions by 2060 but will rely on natural gas to bridge the gap while transitioning to cleaner energy.
Project complexity and the pandemic stretched the upgrade program for the Norwegian Sea field from four years to six.
Halliburton’s BaraStream technology is an autonomous solution for drill cuttings management that helps reduce both cost and carbon footprint.
One contract has been awarded by ExxonMobil Guyana for the UARU oil field development project, located in the Stabroek block offshore Guyana at a water depth of around 2,000 meters.
Companies hoping to bid on Guyana's offshore oil and gas blocks have through April 14, 2023.
PGS, in collaboration with TGS, has secured pre-funding for the Santos Sul project in the southwest Santos Basin.
The Verdande field, comprised of the Cape Vulture and Alve Northeast discoveries, contains a total of 36.3 MMboe.
Petrobras' biggest budget share for 2023-2027 will go toward pre-salt efforts, which are expected to deliver 78% of the company’s production by the end of 2027.