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Exploration & Production

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Stamp of approval for ConocoPhillips to drill North Sea wildcat
Exploration & Production

Stamp of approval for ConocoPhillips to drill North Sea wildcat

ConocoPhillips has secured a drilling permit from the country’s authorities for a wildcat well located in the North Sea offshore Norway.

about 4 years ago
TGS goes to Central North Sea for reprocessing project
Exploration & Production

TGS goes to Central North Sea for reprocessing project

TGS has kicked off a new seismic reprocessing project in the Western Margins of the Central North Sea, said to be designed to secure exploration success. The project will see the reprocessing of 3,500 square kilometers of data in the Greater Catcher Area covering quads 21, 28, and 29 of the North Se

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about 4 years ago
U.S. and EU scaling up efforts to enable energy security and curb emissions
Exploration & Production

U.S. and EU scaling up efforts to ensure energy security and curb emissions

The U. S. and the EU will intensify efforts to ensure energy security and reduce emissions while pursuing diversification of energy supplies.

about 4 years ago
Equinor to spin the drill bit at Norwegian Sea well
Exploration & Production

Equinor cleared to spin the drill bit in Norwegian Sea

Equinor has secured a permit from the country’s authorities for the drilling of a wildcat well, located in the Norwegian Sea.

about 4 years ago
Norway and EU
Exploration & Production

With energy security and high prices in mind, EU and Norway strengthen ties with new deal

The EU has strengthened its energy cooperation with Norway through a new deal, aiming to secure its energy independence from Russia.

about 4 years ago
Danes exploring power-to-x production on Bornholm energy island
Exploration & Production

Danes exploring power-to-x production on Bornholm energy island

Denmark-based Port of Roenne has announced a new study that will investigate the possibility of using renewable energy from the upcoming Bornholm Energy Island in the Baltic Sea, to produce green fuels on Bornholm. The study will be led by Port of Roenne and will include a number of local and nation

about 4 years ago
Non-OPEC+ to spearhead global oil supply in 2023 with output from OPEC+ going down as sanctions take their toll on Russian volumes
Exploration & Production

Output from OPEC+ to go down in 2023 as sanctions take their toll on Russian volumes

The IEA forecasts that non-OPEC+ will spearhead global oil supply in 2023, while the output from OPEC+ may fall.

about 4 years ago
After missiles hit Black Sea platforms, reports indicate fire still ragging
Exploration & Production

After missiles hit Black Sea platforms, reports indicate fire still burning

Following an alleged missile strike on three platforms in the Black Sea, satellite images indicate the fire is still burning at the site.

about 4 years ago
Electrification of oil & gas platforms with renewable and conventional power sources could curb emissions up to 87 per cent, UK regulator reveals
Exploration & Production

Electrification with renewable and conventional power sources could curb emissions up to 87 per cent, UK regulator reveals

The NSTA has found that electrification of oil & gas platforms with renewable and conventional power sources could curb emissions up to 87%.

about 4 years ago
Norway may need over $6 bln in funding by 2025 for its green energy boost
Exploration & Production

Banking on renewable energy, Norway outlines roadmap to turn into ‘green industrial giant’

The Norwegian government has presented a roadmap for a green industrial boost, where renewable energy takes centre stage.

about 4 years ago
Oil output drops below prediction in May as Norway records slightly higher gas production
Exploration & Production

Oil output on the decline as Norway records slightly higher gas production in May

Norway saw a small increase in gas production while its oil output dropped below NPD’s predications for the third month in a row.

about 4 years ago
Petrojarl Knarr FPSO
Exploration & Production

Are major UK oil projects at risk after windfall tax?

Operators of two major oil projects located off the UK are laying the groundwork to sanction them next year. This comes at a time when the UK government has imposed the windfall tax on oil and gas profits so the question arises as to the effects of this new tax on these projects.

about 4 years ago
Rystad: Russian crude oil diverted from Europe to India & China as war rebalances trade flows
Exploration & Production

Rystad: Russian crude oil diverted from Europe to India & China as war rebalances trade flows

Almost four months after Russia’s invasion of Ukraine, Russian crude oil, Urals, has seen a switch in flow from its traditional market of Europe to Asia, Rystad says.

about 4 years ago
Shah Deniz Alpha - BP
Exploration & Production

BP to reduce carbon footprint of Shah Deniz platform through new power supply

A joint venture between KBR and SOCAR has been awarded a FEED contract by BP for the Shah Deniz Alpha platform in Azerbaijan.

about 4 years ago