Peregrino phase 2 project : Equinor starts production from phase 2 of offshore Brazilian field

Peregrino phase 2 project : Equinor starts production from phase 2 of offshore Brazilian field

Peregrino phase 2 project : Oil and gas company Equinor has started oil production from the phase 2 development of the Peregrino oil field in the Campos Basin, offshore Brazil. Originally scheduled to commence production in 2020, Peregrino phase 2 development faced delay following the outbreak of Covid-19. Equinor (formerly Statoil) submitted the plan of […]

Kvaerner bags $481m contract from Statoil for Johan Castberg project

Kvaerner bags $481m contract from Statoil for Johan Castberg project

Norwegian engineering company Kvaerner has bagged a contract of around NOK 3.8 billion ($ 481 million) related to the Johan Castberg project in offshore Norway from Statoil. Under the contract, Kvaerner will construct and install the topside structure for the floating production, storage and offloading vessel (FPSO) of the offshore oil and gas project located […]