Equinor Energy AS has contracted Kongsberg Maritime to deliver the Safety and Automation Systems (SAS) for the recently announced phase 2 of the Johan Sverdrup development in the Norwegian North Sea.
Kongsberg Maritime’s selection for Johan Sverdrup phase 2 confirms its existing position as a... Read the full story
Archer Limited announces that Pampa Energy S.A. has awarded Archer's wholly owned subsidiary DLS Archer Ltd. a 3 year contract, commencing August 1st of this year, for the provision of land drilling services for DLS Archer Rig 165 in the Vaca Muerta region of Argentina. In addition to the firm... Read the full story
The miracle of the Permian Basin shows no sign of letting up. Oil production from the region of west Texas and southeastern New Mexico will more than double by 2023 to 5.4 million barrels per day, with 41,000 new wells drilled and more than $300 billion invested.
In addition, natural gas output... Read the full story