While the development of recent offshore gas discoveries at Gorgon, Uchuva, and Orca has been identified as crucial, several uncertainties and hurdles need to be addressed, according to energy industry intelligence group Wood Mackenzie.

Under this fleet-wide contract, both new build and existing offshore support vessels in the RVOS fleet will be equipped with Praxis dynamic positioning systems, along with customized equipment and software for fleet digitization, implemented in phases as agreed with RVOS.

While the NPD did not disclose the names of the companies involved, their applications represent a step toward advancing carbon capture and storage solutions to combat climate change and reduce greenhouse gas emissions in Norway and the wider global context.

Currently, MidOcean is in the process of acquiring interests in four Australian LNG projects as part of its strategy to create a diversified global LNG business.

Under a significant contract, TechnipFMC will supply flexible pipes for pre-salt fields offshore Brazil. This includes the design, engineering, and manufacture of 14 kilometers of gas injection riser pipes and the provision of associated services, such as packing and storage.

The scope of work includes plugging, drilling, and completion of well 15/8-G-1 AH.

 Equinor and Ithaca Energy's decision to proceed with the Rosebank deepwater oilfield project in the West of Shetland basin could pave the way for the approval of more fields, according to a report by Wood Mackenzie.

Talos Energy, a U.S.-based oil and gas company, has completed the sale of its 49.9% interest in Talos Mexico to Zamajal, a subsidiary of Grupo Carso, a company controlled by Mexican billionaire Carlos Slim's family.

This agreement further strengthens the partnership between the two companies and supports OMV's gas diversification strategy.

This decision requires Woodside to obtain new approval for its environmental plan before conducting the seismic survey for the Scarborough project.