The contract, worth approximately $1.2 billion, covers the development of offshore facilities for natural gas production, CO2 capture, utilization, and storage (CCUS) as part of the Tangguh UCC project.
Offshore
Shearwater awarded large 3D seismic survey offshore India
Norway's Shearwater Geoservices has received a letter of award from India's state-owned Oil & Natural Gas Corporation for a large 3D seismic survey off the east coast of India.
bp’s $7 billion Tangguh expansion aims to unlock 3 trillion cubic feet of gas in Indonesia
bp and its partners have approved a $7 billion investment in the Tangguh Ubadari, CCUS, and Compression (UCC) project in Papua Barat, Indonesia. The development is expected to unlock around 3 trillion cubic feet of additional gas resources, aiming to meet the rising...
U.K. expands sanctions against Russian oil fleet and its insurers
(Bloomberg) - The U.K. government expanded its sanctions against Russia’s energy industry on Monday, blacklisting dozens of tankers responsible for moving the nation’s oil as well as two insurers involved in the trade.
UK expands sanctions against Russian oil fleet and its insurers
The UK government expanded its sanctions against Russia’s energy industry on Monday, blacklisting dozens of tankers responsible for moving the nation’s oil as well as two insurers involved in the trade.
Vattenfall awards four-year extension to Interocean
Specialist provider of offshore support services, Interocean Marine Services, has been awarded a four-year extension to its frame agreement with multinational power company, Vattenfall.
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