Blake Wright

The Mammoth project follows the company’s proven Orca model but will scale up the CO2 capture capacity to 36,000 tons per year.

The company has renamed itself Orrön Energy and will be a pure-play renewables business. Lundin’s E&P business was transferred to Aker BP, closing a $14-billion deal announced in December 2021.

Energy trader Vitol also made an unspecified strategic investment in Delfin Midstream.

Schlumberger, Subsea 7 alliance will supply and install a subsea boosting system in GOM field.

ExxonMobil awarded the consortium the project management, engineering, and installation of the estimated 190-km pipeline.

The French producer has taken final investment decision on the deepwater Begonia field, plus natural gas and solar developments.

The partnership of Subsea 7 and Flasc has a plan to use out-of-service pipelines as pressure vessels in a hydro-pneumatic energy storage concept.

Vår Energi cited increased work scope, continued impact of global supply chain challenges for spike in the estimated cost of the Norwegian Continental Shelf project.

Finland’s first LNG import terminal is just one of the solutions being worked to add natural gas supplies to the region.

The two new facilities are expected to increase Saudi Arabia’s total annual offshore fabrication capacity to 100,000 mt.