Neptune Energy announces the discovery of oil and gas at the Hamlet exploration wells in the North Sea.
Work is continuing to confirm potential recoverable resources, but Neptune’s preliminary estimate is 8-24 million boe.
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Work is continuing to confirm potential recoverable resources, but Neptune’s preliminary estimate is 8-24 million boe.
Upwing Energy will introduce its new comprehensive integrated End2End (E2E) service boosting production and recoverability in conventional gas wells at the 2022 Offshore Technology Conference (OTC).
ExxonMobil is the first company to achieve certification for natural gas production associated with oil. The certification from MiQ helps the company meet customer demand for energy produced with fewer emissions.
The three new discoveries offshore Guyana have increased its estimate of the recoverable resource for the Stabroek Block to nearly 11 billion boe.
The Ministry of Petroleum and Energy (MPE) has extended the production licenses in the Greater Ekofisk Area from 2028 to 2048.
Global oil demand is expected to reduce as a result of slowing economic activity and GDP growth cuts.
CNOOC announced that Luda 5-2 oilfield north phase I project and Kenli 6-1 oilfield 4-1 block development project have commenced production.
Cloudbreak will act as a financial partner and sit on the joint operating committee giving corporate direction and reviewing technical information.
The project will boost production at the existing Maria field in the Norwegian Continental Shelf. The contract includes subsea trees, spools, jumpers, and flexible pipes.
The transaction will contribute to the optimisation of Maersk's fleet in line with the company's strategic priorities.
Neptune Energy announced it has received an improved environmental, social, and governance rating from Sustainalytics of 23.2, putting it in the top 3% of all oil and gas companies rated by the organisation.
Maersk Training is set to increase headcount across its UK sites as it looks to recruit new instructors due to industry demand.