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
Although the UK’s offshore oil and gas industry has committed to cutting operational emissions in half by 2030 and achieving net-zero production by 2050, operators will have to make leaps forward in technology, policy, and investment to reach these goals, according to Wood Mackenzie.
Prosafe is still working to resolve its financial situation with lenders but is still unclear what a final solution may look like.
Vår Energi has appointed Torger Rød as the company’s new CEO following the departure of Kristin Kragseth to lead the Norwegian state-owned Petoro.
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.
Equinor has received consent from the country’s offshore safety agency for the use of the Island Wellserver vessel for well intervention.
Azerbaijan has started commercial natural gas supplies to Europe via the Trans-Adriatic Pipeline (TAP). First gas reached Greece, Bulgaria as well as Italy via the Melendugno interconnection point.
Russian energy giant Gazprom has begun delivering natural gas to Serbia and Bosnia and Herzegovina through the TurkStream pipeline and a new route crossing Turkey and Bulgaria.
Offshore drilling contractor Pacific Drilling has completed its balance-sheet restructuring and has emerged from the Chapter 11 process.
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.
