A survey by the Norwegian statistics bureau SSB has revealed that oil and gas companies in Norway have boosted investment plans in recent months.
Greek oil and gas company Energean has completed 85 per cent of its Karish project offshore Israel.
Ithaca Energy is moving forward with its plans to develop the Abigail field, located in the UK North Sea as a subsea tie-back.
The European Commission has seen progress in the safety of offshore oil and gas operations following the implementation of the safety directive.
Equinor’s Johan Sverdrup field is increasing its daily production capacity, expecting to reach around 500,000 barrels of oil per day by the end of the year.
Following the Covid-19 pandemic and the oil price crash in early 2020, for some players in the oil and gas sector consolidation may be the only way to stay solvent.
Energy services company AGR has begun decommissioning work on Ireland’s first indigenous gas wells on PSE Kinsale Energy’s gas fields in the Celtic Sea.
Swedish oil and gas company Lundin has not been able to find any hydrocarbons at the Polmak well exploration well in the Barents Sea offshore Norway.
Marine and offshore electrical cables manufacturer CCI CableService has been awarded a contract by SBM Offshore for the supply of cables for the new FPSO Sepetiba set for the Mero 2 project.
Despite concerns that Covid-19 could drive down discovered volumes to their lowest levels in decades, exploration activity has been resilient this year with discovered resources set to hit 10 billion boe in 2020.
The 878-km Trans Adriatic Pipeline (TAP) has kicked off commercial operations following four and a half years of construction.
In a bid to accelerate the transition to sustainable energy production, Aker Solutions has launched a call to action urging industry, authorities, and society to work together to achieve common goals.
Norwegian oil major Equinor has made changes in the corporate structure and the corporate executive committee.
The Norwegian authorities have given oil major Equinor and its partners the consent to start work on the expansion of the Snorre field in the North Sea.
