Investments totaling $18.5 billion will be made for developments operated by Aker BP, Equinor, OMV and Wintershall Dea in the North and Norwegian seas.
Subsea inbound orders of $2.5 billion; book-to-bill of 1.8
iEPCI™ represented more than 50% of Subsea inbound orders
Total Company backlog increased 13% sequentially to $10.6. | April 27, 2023
Subsea inbound of $1.5 billion; full-year orders of $6.7 billion grew 36% versus 2021 Total Company backlog of $9.4 billion; increased 22% versus the prior year Cash flow from operations
Here’s a roundup of the latest E&P headlines, including NOPSEMA approval of the Dorado project offshore Western Australia and new contract awards in the upstream oil and gas industry.