Browsing Tag
NOV
2 posts
NABEP expands Maracaibo and Orinoco operations after first U.S. oil shipment as production growth accelerates
North American Blue Energy Partners expects its Venezuelan rig fleet to reach 41 units during November after reporting production of 223,509 barrels of oil equivalent per day. The expansion follows a U.S.-backed agreement covering 17 oilfields, but equipment commissioning, field rehabilitation and financing remain central to the company's ambition to exceed one million barrels of daily oil production.
TechnipFMC wins up to $500m Equinor subsea contracts, but three projects await sanction
TechnipFMC wins up to $500m of Equinor subsea work, but three Norway projects still face sanction, cost and execution tests.