While multiple new oil and gas projects were sanctioned throughout 2023, the top eight ones are listed in this article.
Wood Mackenzie has come up with ten predictions for the energy industry in 2024, which hint at a downturn in gas, LNG.
Following the global energy crisis in 2022, energy security reigned supreme on countries’ energy agendas during 2023.
The oil and gas industry is always on the lookout for ways to boost production levels at offshore fields and gain access to stranded and untapped reserves that are not easy to bring online.
Subsea interconnectors open new opportunities for sharing the access and use of renewable energy between countries while upping the decarbonization ante and strengthening the security of electricity supply.
Offshore hydrogen project PosHydon is entering its final stage with the first hydrogen expected to be produced in the second half of 2024, René van der Meer, Head of New Energy Development at Neptune Energy, revealed during the Offshore Energy Exhibition & Conference (OEEC) 2023. PosHYdon, an initia
UK-based oil and gas company Baron Oil has signed a memorandum of understanding (MoU) with Timor Gap for the farm-up of the Chuditch production sharing contract (PSC) offshore Timor-Leste. Baron Oil announced a proposed assignment of a 15% working interest in the TL-SO-19-16 PSC offshore Timor-Leste
Dolphin Drilling has inked a letter of intent (LOI) for a long-term drilling program, enabling one of its semi-submersible rigs to carry operations in the UK with an undisclosed operator.
Norway saw a slight rise in oil production in November 2023 compared to the volume seen in October 2023 and last year.
Canadian oil and gas player Trillion Energy has completed 3D seismic reprocessing for a natural gas field in the Black Sea off Türkiye which is said to have shown significant implications for exploration potential. 3D seismic reprocessing has been completed for the SASB gas field and Trillion Energy
Harbour Energy has the wheels into motion to acquire all of Wintershall Dea’s assets, aside from the ones in Russia, for $11.2 billion.
Aker BP has restored production at a field located in the central part of the North Sea, close to the British sector.
Noble Corporation has won a contract extension for one of its jack-up rigs with Harbour Energy for operations in the UK part of the North Sea.
Noble Corporation has tucked a contract extension under its belt for one of its jack-up rigs with the UK-headquartered oil major, BP.
