10 June 2024
10 June 2024
John Browne said making such a move would help “reinforce our intention to get to net zero and show timely leadership”.
The combined fleet of the merged entity will include 28 floaters and 13 jack-ups.
The government aims to introduce a new amendment bill in parliament in the second half (H2) of 2024.
Those involved in the UK North Sea project are hoping the vote will bring “fiscal clarity”.
The enlarged group introduced voluntary cuts in 2022, but in a few months nations can start slowly increasing production.
The partnership will focus on complex reservoir development and skills training, among other areas.
The deal includes the Tacobo, Tajibo and Yacuiba fields in the Tarija-Chaco basin.
Vallourec will supply corrosion-resistant alloy (CRA) accessories, essential for offshore development wells.
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GlobalData's latest report offers a detailed analysis of planned and announced projects in the APAC region across the oil and gas value chain. The report outlines total upcoming capacity and 2028 market size scenarios, highlighting all new build and expansion projects by capacity, capex, and contractor details. Furthermore, the report gives a comparative analysis of key countries based on their contribution to global as well as regional oil and gas capacities.
GlobalData's latest report offers a detailed analysis of planned and announced projects in the APAC region across the oil and gas value chain. The report outlines total upcoming capacity and 2028 market size scenarios, highlighting all new build and expansion projects by capacity, capex, and contractor details. Furthermore, the report gives a comparative analysis of key countries based on their contribution to global as well as regional oil and gas capacities.
GlobalData's latest report offers a detailed analysis of planned and announced projects in the APAC region across the oil and gas value chain. The report outlines total upcoming capacity and 2028 market size scenarios, highlighting all new build and expansion projects by capacity, capex, and contractor details. Furthermore, the report gives a comparative analysis of key countries based on their contribution to global as well as regional oil and gas capacities.
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