IOG has revealed that production at its gas project in the UK sector of the North Sea, has been shut-in due to liquids handling issues.
Equinor and Aker BP have secured permits from Norwegian authorities for three wildcat wells off Norway to be drilled by Odfjell’s rigs.
Wintershall Dea has reached an agreement with OKEA to sell its stakes in three North Sea fields for €108 million.
Enauta’s exclusivity deal with Karoon Energy for the sale of a partial stake in a field located off Brazil has been terminated.
Norwegian FPSO operator BW Offshore has inked an extension deal with CNR International for an FPSO operating off the Ivory Coast.
CeraPhi Energy has been awarded funds to carry out a decarbonisation study, aiming to repurpose offshore oil and gas wells.
Norway’s oil production fell behind predictions for the second month in a row while gas output is in line with the NPD’s forecast.
The Biden administration is planning to propose a new, five-year offshore oil and gas leasing program by the end of June this year.
PGNiG has inked a deal with Wellesley Petroleum to expand its footprint offshore Norway by acquiring a stake in an Aker BP-operated field.
Offshore drilling contractor Shelf Drilling has secured a long-term deal for one of its jack-up rigs for operations offshore India.
In a bid to strengthen offshore exploration, Ecopetrol has joined forces with Occidental to search for hydrocarbons in four Colombian blocks.
Enauta has been granted an extension of the concession agreement for a field off Brazil, enabling it to ramp up output and increase reserves.
Norway’s Ministry of Petroleum and Energy has revealed a higher estimate for gas deliveries from the fields on the Norwegian shelf in 2022.
UK oil & gas operators are expected to pay over $9.6 billion in taxes in 2021, which represents a 20-fold increase worth $346 per household.
