The focal points of this legal action are Equinor's Breidablikk and Aker BP's Yggdrasil and Tyrving fields, boasting a combined reserve of approximately 875 million barrels of oil equivalent.

The European Commission has earmarked £3.22 billion in funding through its Innovation Fund for projects aimed at reducing greenhouse gas emissions and expanding clean power component production.

The agreement encompasses well-testing operations for Equinor across the Barents, Norwegian, and North Sea regions.

The company will apply its expertise in offshore platform structural analysis, brownfield engineering, and asset life extension to assess the viability of the structure and guide necessary modifications.

While BP aimed to export the gas, the Senegalese government insisted on utilizing it domestically to fuel power plants.

Initially reported as targeted and boarded, the tanker's 22 crew members are confirmed to be safe and unharmed.

The investment will be carried out in three phases between 2023 and 2027. Discovered by Eni in 2021, the Baleine field, located off the east coast of Ivory Coast, is estimated to hold certified reserves of 2.5 billion barrels of oil and 3.3 trillion cubic feet of natural gas.

Expro's scope includes production optimization and well flow management, aiming to enhance Equinor's assets in various operational phases such as production, abandonment, completion, and intervention activities.

Siem Helix 1 and Siem Helix 2, both constructed in 2016, boast dimensions of 158 meters in length, 31 meters in beam, and an accommodation capacity for 150 individuals.

Recent deepwater oil discoveries off the Namibian coast have ignited significant excitement within the industry, according to Wood Mackenzie's Upstream Research Director Ian Thom.