Reelwell has announced the signing of a frame agreement with Equinor to provide DualLink Powered and Wired drill pipe for their operations, ahead of installing and operating the system at their Oseberg field. The agreement follows close collaboration in Norway through Joint Industry Projects… Read Full Article Here Source link
Tag: licensing
2022 was a turbulent year for the oil and gas industry that was dominated by the invasion of Russia on Ukraine. This had an immediate effect on the global economy and markets, with commodity prices soaring to record highs and energy security becoming the focus for most countries across Europe. The UK Government succumbed to […]
The conversational AI bot ChatGPT is having a moment, promising to transform the ways in which we produce written text, search the web, and educate ourselves. The latest ChatGPT achievement? Almost passing the US Medical Licensing Exam (USMLE). We’re talking about an exam known for its difficulty here, one that usually requires some 300 to […]
Aker BP has awarded TechnipFMC a contract for three field developments at the Utsira High in the North Sea. The contract comprises engineering, procurement, construction and installation of subsea production systems, controls, pipelines, and umbilicals. The three fields will be tied back to the Edvard Grieg and Ivar Aasen production platforms. ‘The team from TecnipFMC […]
Bozeman officials remind residents of pet licensing requirements NBC Montana Source link
Supporting European energy crisis means huge tax revenues for the continent’s largest oil and gas producer Norway’s oil and gas operations in the North Sea will continue to churn out cash as the Scandinavian country maintains high production to help support Europe’s energy crisis according to a report by Wood Mackenzie. The report: ‘North Sea […]
The Norwegian Petroleum Directorate will present the annual Shelf presentation on January 9 9 January at 10:00 you can see the story, the numbers and the trends on npd.no. Mark your calendars for the morning of 9 January, when Acting Director General Torgeir Stordal will be wrapping up the past year on the Norwegian shelf, […]
Lime Petroleum has announced that the previously announced acquisition of a 10% interest in the Repsol-operated Yme field on the Norwegian North Sea, for a post-tax consideration of US$68.053 million from KUFPEC Norway was completed on 23 December 2022. The Completion, in agreement with KUFPEC, was concluded with an initial payment of US$55 million on […]
Carbon Transition has entered into a new USD 2.5 million (net to Carbon Transition) multi-client seismic data licensing contract with an existing customer. The agreement includes significant additional uplift revenues relating to set milestones. The uplifts will be recognized as late sales revenue when the milestones occur. Under the contract, the customer will license Carbon […]
Vår Energi has confirmed the discovery of gas in the Vår Energi operated 7122/9-1 T2 (Lupa) well in the Goliat area, Barents Sea. Preliminary estimates of the size of the discovery are between 57-132 million barrels of recoverable oil equivalent (9-21 billion Sm3 recoverable gas resources). Building on the successful 2021 exploration performance, Lupa brings […]