Commodities

Aker BP begins manufacturing from 120-MMboe Skarv Satellites in Norwegian Sea

(WO) — Aker BP has began manufacturing from the Alve Nord, Idun Nord and Ørn fields within the Norwegian Sea, bringing roughly 120 MMboe of recoverable sources on-line one yr forward of the...

bp awards Halliburton drilling companies contract for Bumerangue appraisal

(WO) — bp has awarded Halliburton an built-in drilling companies contract for the primary appraisal marketing campaign on the Bumerangue discipline offshore Brazil, because the operator strikes to additional consider its deepwater discovery. Underneath...

DNV acquires Equinor’s WellSpot subsea wellhead monitoring know-how

(WO) — DNV has agreed to amass Equinor’s WellSpot digital know-how and can commercialize the platform as Wellhead Fatigue Supervisor, increasing its capabilities for monitoring and managing fatigue throughout the lifecycle of subsea...

Iran broadcasts 7.5-Tcf pure gasoline discovery in Fars province

(Bloomberg) – Iran stated it found greater than 7.5 trillion cubic toes of pure gasoline, after months of battle with the U.S. and Israel significantly disrupted its vitality sector. Round 5.7 Tcf of the...

Petrobras advances talks for 4 exploration blocks offshore Ghana

(WO) — Petrobras has entered direct negotiations for exploration contracts masking 4 blocks offshore Ghana, because the Brazilian state-controlled producer continues to develop its frontier exploration portfolio past Brazil. Ghana’s Ministry of Power and...

Oil costs rise towards $94 as U.S. prepares new Iran financial measures

(Bloomberg) – Oil headed for a weekly achieve as merchants awaited particulars on a U.S. marketing campaign to isolate Iran’s financial system, with no obvious finish in sight to a battle that has...

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