In a strategic maneuver aimed at balancing interests and optimizing resource management, Equinor has agreed to sell a 19.5% stake in production licenses PL 048E and PL 1201, which encompass the Eirin field, to PGNiG Upstream Norway AS (PGNiG). This deal, effective from January 1, 2024, is pending ministry approval and marks a pivotal shift […]
TotalEnergies EP Angola Block 20, a subsidiary of TotalEnergies, has awarded Saipem three significant contracts for the Kaminho project off the coast of Angola, amounting to a total value of $3.7 billion. These contracts mark a critical phase in the development of the Cameia and Golfinho oil fields, highlighting Saipem’s integral role in advancing one […]
