Vår Energi has received consent from the Norwegian offshore authority to use the subsea facilities on the Marulk field beyond their original operating life.
Italy’s oil and gas company Eni and Russia’s Novatek will start drilling an exploration well in waters offshore Montenegro later this month.
UK North Sea-focused Independent Oil and Gas (IOG) has seen an increase in resources held by the Goddard and Abbeydale discoveries following an interpretation of seismic data.
Chinese oil and gas player CNOOC Limited has started production from the Caofeidian 6-4 oilfield located offshore China.
The UK Government is considering declaring the beginning of the end for the North Sea oil industry with a ban on new exploration licenses.
Norwegian energy intelligence firm Rystad Energy expects the exploration activity in Guyana to speed up, with a record number of wells set for 2021.
Tullow Oil and partners have renewed the petroleum agreement for the Orinduik block, offshore Guyana with plans to select drilling targets later this year.
The number of offshore rigs in the U.S. has dropped for the second week in a row and is now stands at 13 units, according to a weekly rig count report by Baker Hughes.
NOPSEMA has accepted Woodside’s revised environment plan for the operation of a petroleum pipeline and any other petroleum-related activity on Julimar.
Noble Corporation has won several new contracts for its fleet of drilling rigs, which will see three of its units come back from the warm-stack mode.
UK’s Oil and Gas Authority (OGA) has reported that flaring in the North Sea has been reduced to the lowest level on the UK Continental Shelf on OGA records.
Southampton-based marine planning and environmental consultancy MarineSpace has recently been commissioned by mineral exploration firm Cornish Lithium to provide consultancy services related to its offshore exploration plans. In January 2021, The Crown Estate granted Cornish Lithium rights to explor
Norwegian offshore safety agency, the Petroleum Safety Authority Norway (PSA), has given Equinor consent to drill two exploration wells offshore Norway, using the West Hercules rig. The wells named 30/11-U-1 and 30/11-U-2 are located in Production licence 035 and 272 in the North Sea. The licences a
Romanian oil and gas company OMV Petrom has signed the production sharing contract (PSC) for the offshore Block II in the exclusive economic zone of the Georgian Black Sea.
