Lime Petroleum has increased its North Sea footprint by completing the deals signed with Aker BP and Repsol earlier in 2021.
Norwegian oil and gas player Equinor has started drilling an exploration well in the Norwegian Sea, using a semi-submersible rig.
Azerbaijan’s Ministry of Energy has revealed that the country’s oil production decreased by 16.5 thousand tons compared to the 2020 figures.
IOG plc has finally started drilling the first Southwark development well following a two-month hiatus due to rig issues.
Equinor has received consent from the Norwegian regulator to use the Deepsea Stavanger rig for exploration drilling in the North Sea.
Russia’s the oil output expected to rise by 5 per cent next year and reach its pre-pandemic level by May 2022.
Harbour has completed the drilling of the Dunnottar exploration well in the UK North Sea, encountering marginal hydrocarbon accumulations.
IOG is frustrated over further delay in spudding the first development well on the Southwark field in the UK North Sea.
Offshore regulator has issued an order to KCA Deutag following the discovery of five nonconformities during an audit of the Askepott rig.
The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for three wells in the North Sea offshore Norway.
Fortune Business Insights expects global well intervention market growth to be driven by initiatives to boost production from ageing wells and oil and gas discoveries.
CNOOC Petroleum and Flotation Energy are working on a project, which would see one of the UK’s largest oil and gas assets electrified with power from a floating offshore wind farm.
Sevan SSP has revealed its concept was chosen for the Equinor-operated Wisting field development in the Barents Sea.
An analysis of oil and gas discoveries in 2021 by Rystad has revealed that discovered volumes are on track to hit lowest level in 75 years.
