Eni halts arbitration proceedings over Nigerian oilfield
The OPL 245 oilfield is at the centre of issue.
21 November 2023
21 November 2023
The OPL 245 oilfield is at the centre of issue.
The business being sold forms part of TechnipFMC’s Surface Technologies segment.
UAE energy company ADNOC lowered its net zero target from 2050 to 2045, ahead of the country hosting the COP28 climate talks.
Located in Venezuelan territorial waters, the Dragon field is estimated to hold up to 4.2 trillion cubic feet of natural gas.
Subsea7 will decommission subsea infrastructure associated with the FPSO Fluminense in the Bijupirá and Salema fields.
Yara hopes that the carbon capture and storage (CCS) project will cut annual CO₂ emissions from its Sluiskil plant by 800,000 tons.
The government cited a surplus of supply, combined with a drop in wholesale prices, for the decision.
The Orion carbon capture and storage (CCS) project covers two licences – CS017 and CS018.
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