Environmental activists have blocked ten oil terminals across the UK, demanding a stop to new oil & gas projects and investments in the UK.
After concluding the drilling of two wells, Aker BP will be working on evaluating the remaining oil potential within a North Sea field.
Oil major Shell has started production on Block 22 and NCMA-4 in the North Coast Marine Area (NCMA) in Trinidad and Tobago.
Partners in the Cambo project, Shell and Siccar Point Energy, have received a licence extension for the controversial field development.
Ithaca Energy has secured consent for the development of a subsea tie-back to its FPF-1 facility in the UK North Sea.
Post-well analysis of Chariot’s gas discovery offshore Morocco has confirmed excellent quality dry gas and an increase in net gas pay.
Empyrean is anticipating a short wait until the start of drilling off China after rig mobilisation was hindered again due to bad weather.
Brazil’s Enauta has confirmed it is in talks with Australia’s Karoon Energy for the sale of part of its interest in the Atlanta field offshore Brazil.
QatarEnergy has entered into an agreement with ExxonMobil to acquire a working interest in an exploration block offshore Egypt.
Orcadian has won an extension for a licence in the UK North Sea, bolstering its hopes of putting into action a development plan for Pilot.
PTTEP has set a goal to achieve net-zero emissions by 2050 with the help of technology, employing CCS, zero routine flaring and renewables.
Shell has kicked off production at a tie-back to its Olympus production hub, unlocking further value in the U.S. Gulf of Mexico.
Offshore rig owner Transocean is now investing in the exploration of seabed minerals to support the renewable energy supply chain.
The International Renewable Energy Agency (IRENA) believes that energy transition holds the key to tackling global energy and climate crisis.
