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Exploration & Production

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Lundin Energy
Exploration & Production

Two North Sea fields drive Lundin’s reserves increase

Oil and gas company Lundin Energy has disclosed an increase in its 2P and 3P reserves, owing to two North Sea fields.

about 4 years ago
Court ruling in favour of UK regulator deals a blow to environmentalists spurring them to soldier on
Exploration & Production

UK court rules in favour of oil & gas regulator but ‘the fight goes on’ for activists

The UK regulator welcomes the court ruling, while environmentalists suffer a setback, sparking renewed determination to continue fighting.

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about 4 years ago
Serica to undertake drilling and well intervention ops in search of hydrocarbons
Exploration & Production

Serica gearing up for exploration drilling and well intervention in North Sea

Serica is planning to drill an exploration well in the North sea and undertake a well intervention campaign to boost production.

about 4 years ago
Norway: December oil & gas output
Exploration & Production

Norway recorded higher oil & gas output in December

Norway’s oil production in December 2021 was below the NPD’s predictions for the second consecutive month along with the gas output.

about 4 years ago
ExxonMobil last year used the Noble Tom Madden drillship for drilling off Guyana
Exploration & Production

Frontier exploration drilling in 2021 fell to the lowest level ever recorded by Westwood

Westwood Global Energy has revealed that frontier exploration drilling fell to the lowest level ever recorded by the company.

about 4 years ago
Maersk Reacher jack-up rig - Maersk Drilling
Exploration & Production

TotalEnergies brings in Maersk rig for North Sea job

Danish offshore drilling contractor Maersk Drilling has been awarded a contract with TotalEnergies in the Danish North Sea.

about 4 years ago
Equinor
Exploration & Production

Norway offers offshore licences to 28 oil & gas firms amid ‘great interest’

The Norwegian Ministry of Petroleum and Energy has offered 53 licences on the Norwegian continental shelf in APA 2021 to 28 companies.

about 4 years ago
Offshore watchdog earmarks $1.9 million per year seeking better incident follow-up in oil & gas industry
Exploration & Production

Offshore watchdog earmarks funds for better incident follow-up in oil & gas

Norwegian regulator will invest $1.9 million annually in a drive to advance the follow-up of serious incidents in the oil & gas sector.

about 4 years ago
Maersk Integrator rig
Exploration & Production

Aker BP boosts Maersk Drilling’s backlog with $29 million

Offshore rig owner Maersk Drilling and oil company Aker BP have agreed to a rig swap for an extended scope of work offshore Norway.

about 4 years ago
Equinor cleared to put Floatel semi-sub to work at North Sea field
Exploration & Production

Equinor cleared to put Floatel’s unit to work at North Sea field

Norway’s PSA has given Equinor consent to use one of Floatel’s semi-subs as a mobile quarters facility at a North Sea field off Norway.

about 4 years ago
Deepsea Stavanger - Lundin
Exploration & Production

Lundin bites the dust in Norwegian Sea

Lundin Energy is in the process of concluding the drilling of a wildcat well east of the Ormen Lange field in the Norwegian Sea.

about 4 years ago
Rystad Energy forecasts offshore oil production will increase demand for shuttle tankers
Exploration & Production

Driven by robust offshore oil production, demand for shuttle tankers set to rise, Rystad says

Rystad’s analysis shows offshore oil needs more shuttle tankers as volumes requiring transport set to rise by 35 per cent in this decade.

about 4 years ago
Rex’s top-priority: increasing hydrocarbon production and reserves
Exploration & Production

Rex’s top-priority: increasing hydrocarbon production and reserves

Rex described the previous year as transformational, revealing that its primary goal for the future is to increase production and reserves.

about 4 years ago
Edvard Grieg platform off Norway - oil & gas
Exploration & Production

Norway nets record-breaking revenues from oil & gas

In Norway, the combination of high production of oil & gas, significant demand, and high prices led to a historically high level in revenues.

about 4 years ago