An oil and gas company is under investigation for possibly failing to meet licence commitments designed to stimulate activity, in support of the UK’s energy security. The North Sea Transition Authority (NSTA) is focused on supporting the UK’s security of supply, including through the ongoing 33rd Licensing Round, which attracted 115 bids from 76 companies.
Aker BP announce that the Frosk field development in the Alvheim area has been successfully completed and production has started on schedule and within budget, only 18 months after the Plan for Development and Operation (PDO) was submitted. Frosk is operated by Aker BP, with Vår Energi as partner.
AIS do Brasil has been awarded a substantial contract to provide ContraFlex® insulation jackets for a FPSO (floating production storage and offloading) vessel. The contract was awarded by a Japanese company operating in Brazil.
Chevron New Energies (Chevron), a division of Chevron U.S.A. Inc., and JERA Co., Inc. (JERA) have signed a Memorandum of Understanding (MOU) that provides a framework for their collaboration on carbon capture and storage (CCS) projects located in the United States and Australia.
Equinor has entered into an agreement to divest 28% working interest in PL037 (Statfjord area) to OKEA with an effective date 1 January 2023.
Equinor has again struck oil and gas near the Troll field in the North Sea. This is Equinor's eighth discovery in the area since 2019.
Enteq Technologies (Enteq), an energy services technology and equipment supplier accelerating the energy transition through innovative alternatives to traditional technology, has successfully drilled 100m in granite during field trials, qualifying its game-changing alternative to traditional rotary steerable systems (RSS), the SABER Tool’s, capabilities.
His Royal Highness Crown Prince Frederik of Denmark officially initiated a world first with the safe injection of carbon dioxide from Belgium into a depleted oil field in the Danish North Sea.
Eni announces a new discovery on the Yatzil exploration prospect in Block 7, located in the mid-deep water of the Cuenca Salina in the Sureste Basin, offshore Mexico. According to preliminary estimates, the new finding may contain around 200 million barrels of oil (MBoe) in place.
As required by the Inflation Reduction Act of 2022 (IRA), the Bureau of Ocean Energy Management (BOEM) will publish the Proposed Notice of Sale (PNOS) for an oil and gas lease sale in the Gulf of Mexico, which is scheduled to be held in September 2023.
CORTEC, a leading manufacturer of high-quality API valves, has successfully completed field testing for its new remotely operated NX1 model hydraulic choke, a design that increases service life during harsh flowback operations and allows easier field service by the end user.
Just months after the completion of its inaugural vessel-based well plugging and abandonment (P&A) campaign, Mermaid Subsea Services UK has announced the award of a major multi-well contract, to be carried out on behalf of a North Sea operator.
Shell Offshore Inc., a subsidiary of Shell plc (Shell), announced the Final Investment Decision (FID) for Dover, a planned subsea tieback to the Shell-operated Appomattox production hub in the US Gulf of Mexico (GoM).
Global energy engineering consultancy and software provider, AGR, has launched new software that gives drilling professionals unrivalled understanding of time, cost and risk when planning wells.
CNOOC Limited has discovered Bozhong 26-6 oilfield in Bohai Sea, which brings another hundred million tons of reserves.
NDT Global announces the recently launched phased array ultrasonic service, PROTON™ has won its second industry award - the 2023 Innovation Award at the 35th International Pipeline Pigging and Integrity Management Conference.
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