French-headquartered energy giant TotalEnergies has completed all the required steps to pull out of Myanmar.
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The oil and gas sector’s offshore EPC spend is expected to total $276 billion, forecasts Westwood Global Energy.
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Equinor has secured a permit from the country’s authorities to drill two wells in the North Sea off Norway, using one of Transocean’s rigs.
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Equinor decided to add more wells to the backlog of an Odfjell Drilling-owned rig, which now has eight more wells to drill offshore Norway.
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After more than two years since the production at a field off Brazil was halted, Norway’s Equinor has restarted it ahead of Phase II startup.
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