BP has reportedly relaunched the sale of its North Sea assets it initially tried to sell to Premier Oil before its takeover by Chrysaor.
Energean has completed its acquisition of Total’s entire 50 per cent working interest share and operatorship position in Block 2, offshore Western Greece.
Offshore drilling contractor Odfjell Drilling has won more work for its Deepsea Yantai drilling rig from Neptune Energy for operations offshore Norway.
ConocoPhillips has received consent from the Norwegian offshore safety watchdog for remote operation of a North Sea platform.
Russia’s oil production declined last year for the first time since 2008 and reached its lowest level since 2011 following a global deal to cut output and low demand due to the coronavirus.
Oil and gas company Pandion Energy has entered into an agreement with Wintershall Dea to acquire interests in two licences located offshore Norway.
A 3D seismic survey over the Resolution gas discovery in offshore licences P1929 and P2304 off the UK will most likely take place in 2022, Egdon Resources said on Wednesday. Namely, Shell, the operator of the above mentioned licences, has advised Egdon that the marine 3D seismic survey, planned over
Swedish oil company Lundin Energy has been given a drilling permit to drill the 16/4-13 S well in the North Sea, offshore Norway.
i3 Energy has relinquished its UK North Sea licence which contains the Liberator field, after determining that its development would not be commercially viable.
Repsol has moved into the hook-up phase of the Yme development project located offshore Norway following the installation of a jack-up rig on the field.
Italian energy player Edison has sold its wholly-owned Norwegian subsidiary Edison Norge, the company that controls the group’s hydrocarbon exploration and production activities in Norway, to Sval Energi.
Russian independent oil company Lukoil has exceeded a cumulative production of 35 million tonnes from its Yury Korchagin and Vladimir Filanovsky fields in the North Caspian Sea.
Dutch regulator has ordered Spirit Energy to meet discharge standards on its North Sea offshore platform or face a penalty.
The Covid-19 pandemic has devastated crude and condensate demand, creating massive supply surpluses and filling up inventories, according to Rystad.
