Oil Steadies as Sverdrup Field Restart Counters Geopolitical Concerns
Brent crude futures fell 0.1% and WTI crude futures gained 0.1%.
E&P Highlights: Nov. 18, 2024
Here’s a roundup of the latest E&P headlines, including new discoveries in the North Sea and governmental appointments.
Norway's Massive Johan Sverdrup Oilfield Shut by Power Outage
Norway's Equinor has halted output from its Johan Sverdrup oilfield, western Europe's largest, due to an onshore power outage, the company said on Nov. 18.
EnerMech Secures Contract with Major North Sea Operator
EnerMech will monitor the condition of the U.K. assets in accordance with safety and operational standards.
E&P Highlights: Nov. 11, 2024
Here’s a roundup of the latest E&P headlines, including Equinor’s acquisition of a stake in a major project and a collaboration between oilfield service companies.
Belcher: The Growing Nexus of Nuclear, Oil and Gas
Nuclear has a capacity factor of 92.5%, the highest of any source of electricity, not to mention near-zero greenhouse gas emissions.
Equinor to Acquire Sval Energi’s Stake in the Halten East Project
Equinor now holds 69.5% ownership in the development, which consists of six gas discoveries and three prospects.
E&P Highlights: Nov. 4, 2024
Here’s a roundup of the latest E&P headlines, including a major development in Brazil coming online and a large contract in Saudi Arabia.
Drilling Tools International to Buy UK’s Titan Tools Services
Drilling Tools International said the acquisition of U.K.-based Titan will enhance its market presence in the North Sea, Europe and Africa.
E&P Highlights: Oct. 7, 2024
Here’s a roundup of the latest E&P headlines, including a major announcement from BP and large contracts in the Middle East.