SFL has inked a new deal with Odfjell Drilling, enabling the latter to replace Seadrill as the manager of another drilling rig.
Ofgem has approved National Grid’s request to make early payments to consumers of £200 million over the next two years as part of the regulatory regime for electricity interconnections. National Grid has offered to pay interconnector revenues ahead of schedule rather than at the end of the standard
DNV, an independent energy expert and assurance provider, has introduced two joint industry projects aiming to create comprehensive standardization guides for the floating solar industry.
ConocoPhillips and its partners have submitted a PDO for a project in the Greater Ekofisk Area with investments totalling around $1.2 bln.
The UK’s competition regulator might accept a remedy proposal, submitted in response to its concerns about the proposed Noble-Maersk merger.
Equinor and Aker BP have inked a deal for the transfer of operatorship, allowing the latter to take the operator helm in the NOAKA area.
The European Union has proposed a ban on all Russian oil imports, aiming to phase out Russian crude oil within six months and refined products by year-end.
BP intends to invest up to £18 billion (about $22.5 billion) in the UK’s energy system by the end of 2030.
Lundin Energy and Aker BP have received all necessary governmental approvals for the merger between Lundin Energy’s E&P business and Aker BP.
Oil and gas major BP is moving ahead with plans for the development of the Murlach field in the UK North Sea.
The annual performance review for the UK’s top producers highlighted 33 new projects targeting 1.3 billion barrels of oil and gas.
UK’s regulator has fined Shell and served it with a sanction notice for breaching production consents for five fields in the North Sea.
The UK’s competition regulator has found that the merger of Noble Corp. and Maersk Drilling could increase operating costs for oil and gas producers in the UK North Sea.
Equinor has received two types of consent from Norway’s offshore safety regulator for ops in the North Sea with Odfjell Drilling-owned rigs.
