Petrobras has entered into a sale and purchase agreement with Petronas PetrÃ³leo Brasil Ltda. for 50% working interest in the Tartaruga Verde field and Module III of the Espadarte field in the deepwater Campos basin. The value of the transaction is about $1.3 billion.
The Norwegian Ministry of Petroleum and Energy has approved the plan for development and operation of the Equinor-operated Johan Sverdrup Phase 2 project.
The Oil and Gas Authority has issued findings from its latest ‘Tier Zero’ meeting with managing directors of the 22 largest oil and gas producers on the UK continental shelf.
Damen and Wilson Sons Estaleiros recently completed the conversion of the platform supply vessel Fulmar to a shallow dive support vessel.