ADES International Holding (ADES) secured two offshore drilling contracts in the UK North Sea and Nigeria, totaling approximately SAR 858.3 million ($228.56 million), according to a press release by the company. In th...
Equinor and Shell have officially completed a transaction to combine their United Kingdom (UK) offshore oil and natural gas operations into a new joint venture company, Adura, becoming the UK North Sea’s largest...
SLB has secured a series of major drilling contracts to support capital-efficient energy development across Shell’s deep and ultra-deepwater assets in the UK North Sea, Trinidad and Tobago, the Gulf of Mexico and othe...
The UK North Sea oil industry is likely to lose estimated 146 offshore oil platforms, down 25%, over the next 10 years, as many oil fields in deep waters will become uneconomic, according to industry analysts cited by...
Ithaca Energy says drilling continues on the Stella Ekofisk well for the Greater Stella Area (GSA) development in the UK central North Sea. Completion of the clean-up flow test is expected to follow in February, after...
Maersk Oil has approved its investment of $1 billion in the Field Development Plan for the Golden Eagle Area in the UK North Sea. Maersk Oil has a non-operated interest in the fields of 31.56% and its estimated share ...