Maersk Drilling has secured a one-well contract with OMV (Norge) for a high-pressure, high-temperature exploration well off Norway.
UK petroleum regulator has revealed that the number of exploration and appraisal wells spudded has declined, but success rates have improved.
Oil and gas company Lundin has decided to exercise its option for an additional well for an Odfjell Drilling-owned rig.
Maersk Drilling and Petrogas have agreed to exercise the previously agreed option to employ a jack-up rig to drill a well in the UK North Sea.
Orcadian has received no objection from the OGA for the development concept designed for the Pilot field in the North Sea.
The BP-operated Western Route Export Pipeline has loaded the 1000th tanker at the Supsa terminal on the Black Sea.
CNOOC Limited has started production from the Buzzard Phase II development located offshore in the UK sector of the North Sea.
UK-based oil and gas company NEO Energy is buying JX Nippon Exploration and Production (U.K.) Limited for about $1.7 billion.
OGA’s chairman insists on continuing North Sea exploration and describes it as vital to meet the UK’s energy needs, despite outcries to phase out fossil fuels.
President Biden ordered the release of oil from the nation’s Strategic Petroleum Reserve in an effort to address rising gas prices.
Equinor and its partners have submitted a PDO for the Oseberg field and revealed plans for investing over $1.1. million in this development.
Upstream oil and gas company Serica Energy has started production from its Columbus field, located in the Central North Sea.
Neptune Energy has completed the installation of the manifold and umbilical for the Seagull project in the UK Central North Sea.
Norwegian oil and gas giant Equinor has signed contracts with Aibel worth around NOK 5 billion (about $560 million), including options.
