COPENHAGEN, May 29 (Reuters) – The oil unit of Danish oil and shipping group A.P. Moller-Maersk said one of its floating Gryphon oil production platforms was back in operation and would soon ramp up output.
The Floating Production Storage and Offloading Unit (FPSO) was damaged during a storm in February 2011 and had been under repairs since.
The group said in a statement once all the associated fields were fully operational over the coming months, production would ramp up in excess of 20,000 barrels of oil equivalent per day. (Reporting by Copenhagen Newsroom; editing by James Jukwey)
The U.S. Department of the Interior has announced a substantial offshore wind energy lease sale set for October 29, 2024. The sale will cover eight areas off the coasts of...
(Bloomberg) — The price to rent a deepwater drilling rig may climb to near record levels if demand from oil companies continues to increase in the coming years, according to the head...
Equinor’s floating production, storage and offloading vessel (FPSO) for the Johan Castberg field has been successfully anchored in the Barents Sea, marking a significant milestone in Norway’s offshore oil industry....
September 17, 2024
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