Energy Secretary Neil Gray assured workers that the government would collaborate with all stakeholders to alleviate the potential impact on jobs.

This comes after the pipeline suffered a rupture in early October 2023, prompting a shutdown due to seismic signals indicating a possible explosion near Paldiski, Estonia.

The partnership will focus on industrializing Shearwater's marine vibratory source technology and associated services for use in the Brazilian offshore basins.

Shell has enlisted Stena Drilling's mobile offshore drilling unit for the ongoing drilling campaign.

The Norwegian offshore industry safety body has initiated an inquiry into an incident on the OKEA-operated Brage platform, offshore Norway, on November 21, 2023, where an individual was struck by a valve block.

The company continues to strengthen its global footprint and contribute to the energy transition by supporting major projects around the world.

The move follows an acknowledgment that the refinery business is anticipated to become ineffective in competing with overseas rivals.

Currently operational in the Golfinho field offshore Brazil, the FPSO is contributing around 10,000 barrels per day of oil production.

The Orion project encompasses two carbon storage licenses, CS017 and CS018, covering the decommissioned Amethyst and depleted West Sole gas fields operated by Perenco UK.

The offshore decommissioning contract pertains to the comprehensive removal and disposal of the Campbell platform structure, a vital component of the Varanus Island Hub offshore infrastructure located off the coast of Western Australia.