Norwegian maritime technology group Kongsberg Maritime has inked a deal with Malaysian FPSO operator Yinson to deliver electrical and control technologies for a floating, production, storage, and offloading (FPSO) vessel, which will operate for Petrobras off Brazil, upon completion.
British Gas owner Centrica on Tuesday said it expects to achieve full year adjusted earnings per share (EPS) at the top of the range of analyst forecasts after a strong operational performance in the first four months.
Norwegian state-owned giant Equinor and its compatriot Sval Energi have entered into an agreement for the sale of Equinor’s non-operated share in the Greater Ekofisk Area and a minority share (19 per cent) in the Martin Linge field, both located in the North Sea offshore Norway.
Brazilian oil and gas giant Petrobras has revealed its intention to invest $16 billion in the Campos Basin revitalization project, planning to install three new FPSOs and interconnect more than 100 wells over the next five years. The company has also set its sights on investing $5.5 billion in oil and gas extraction activities, hoping to unlock new discoveries in Brazil.
Following Russia’s invasion of Ukraine, the European Union has proposed a ban on all Russian oil imports, aiming to phase out Russian crude oil within six months and refined products by the end of the year.
DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, says it has neutralised the carbon emissions of all less-than-container load (LCL) ocean freight shipments since January 2021.