Balder X will allow the Balder field to continue producing oil beyond 2045, ensuring the extraction of approximately 150 million additional barrels.
Maintaining Norway's competitiveness as an oil and gas producer will depend on exploration and production from existing infrastructure and additional resources.
All gas production at Argo Cassiopea takes place underwater, minimizing visual impact and maintaining near-zero emissions.
This equipment is essential for offshore oil and gas production.
Oil production targets at Nong Yao C are to exceed 11,000 barrels per day in the coming months.
Although the pipelines have been blocked, one of them is still on fire, burning the remaining natural gas.
The Sharara field accounts for 25% of Libya's oil production.
His daughter will assume the chairmanship of the board of directors.
McDermott is leading the development of the Manatee gas field with a key EPCI contract in Trinidad and Tobago.
The Vali platform was delivered almost a year ahead of schedule, an unusual feat in the offshore platform construction industry.
This agreement could have generated more revenue than the entire GDP of some small Caribbean nations.
The company presents its plans for this oil project offshore Guyana, increasing production capacity to more than 1.4 million bpd by 2029.