Company offers projections on energy demand, sources out to 2050.
CNOOC has started up its Bozhong 19-2 oilfield development project in central Bohai Bay, eastern China.
Mocean Energy and Proserv have formed a partnership to pursue development of renewable power solutions for subsea control systems.
The Norwegian Energy Ministry is projecting net cash flow for the state from petroleum activities offshore Norway at NOK680 billion ($63.85 billion) this year.
The Norwegian government plans to announce Norway’s next available areas for offshore wind development in 2025.
Saipem has signed a memorandum of understanding with Geolog and Ignis H2 Energy to investigate options for the development of geothermal energy, including offshore.
Trillion is looking to raise and stabilize production rates in existing wells through reduced water loading.
TechnipFMC has been awarded an integrated engineering, procurement, construction and installation contract by bp for its greenfield Kaskida development.
Currency fluctuations are pushing up the costs of various Equinor-operated field developments across the Norwegian Continental Shelf.
Chevron Mediterranean has suspended installation activities related to the third subsea gas export pipeline from the deepwater Leviathan field offshore Israel to the near-shore platform.