Equinor and Aker BP are investing NOK 13 billion (~$1.29 billion USD) in the third phase of Johan Sverdrup, one of the world’s most carbon-efficient oil fields. New subsea infrastructure will increase recovery by 40–50 million barrels of oil equivalent (boe).
World’s largest jackup rig starts decommissioning work for Perenco UK
Petrodec’s newly constructed heavy lift jackup vessel, named “Obana,” has begun decommissioning...
