British Petroleum (bp) is launching a process to market its North Sea business for a potential sale, as part of its ongoing portfolio review and its approach to capital allocation for creating a simpler, stronger, ...
British Petroleum (bp) is in talks with Ithaca Energy, a North Sea oil and gas operator and producer, regarding the sale of its UK North Sea assets in a deal worth nearly $2.69 billion, according to Reuters.While ...
Equinor has been awarded 27 new production licences in the 2024 Awards in Predefined Areas (APA) by Norway’s Ministry of Energy. The licences include 20 in the North Sea, six in the Norwegian Sea, and one in the B ...
Equinor has announced a peak production of 42.5 billion standard cubic meters (bscm) of natural gas in the Troll filed in the North Sea in 2024, marking a 10% increase from 2022's production of 38.3 bscm.
Shell and Equinor have partnered to combine their UK offshore oil and gas assets and expertise to form a new company, aimed to be the UK North Sea’s biggest independent producer.
Wintershall Dea and its partners, Petoro and DNO, have made a gas condensate discovery at the Cuvette prospect in the North Sea, with estimated recoverable volumes of 16-38 million barrels of oil equivalent.
Serica Energy has extended Petrofac's three-year contract for maintenance services. According to the terms of the deal, Petrofac will keep providing maintenance execution, maintenance consulting, and metering serv ...
Petrofac announced its award of an Operational and Late Life Asset Support contract with Spirit Energy.
In its struggle to secure energy supplies, Germany will have to reconsider its ban on allowing new drilling activities for oil and gas in the North Sea, Finance Minister Christian Lindner told Reuters.
Neptune Energy and partners have announced that they started drilling the Hamlet exploration well in the Norwegian sector of the North Sea.
