05 March 2026
05 March 2026
The explosion occurred amid escalating tensions between Iran, Israel and the US in West Asia.
Tighter Middle Eastern supply has raised prices of heavy crude from the US, Canada and Venezuela.
Decarbonisation goals and drop-in compatibility to drive renewable diesel production capacity by 2030.
While plugging a well at Troll, crews cutting a casing at around 510m triggered a gas-and-fluid leak to the drill floor and shaker room.
The decision advances the project into full-scale development, with first gas expected in Q4 2027.
Project management and engineering coordination will be handled from Subsea7's office in Istanbul.
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