News

Indonesia to Offer More Energy Blocks in North Sumatra Indonesia is looking to offer more oil and gas blocks in North Sumatra basin this year following a major discovery by Mubadala Energy in a ...
It saw 76 oil and gas companies submitting 115 bids to drill for oil and gas across 257 “blocks” of the North Sea, Irish Sea and East Atlantic.
Vaar Energi said it entered into an agreement with TechnipFMC for the delivery of subsea work linked to the development of ...
The UK’s plan to issue new oil and gas licences will make a minimal impact on North Sea production levels – but it will dent the country's reputation as a climate leader ...
Equinor EQNR 0.62% made a new oil and gas discovery in the North Sea, with recoverable resources estimated at between 2 million and 13 million barrels of oil equivalent. The Norwegian energy major ...
United Oil & Gas terminated the asset purchase agreement with Quattro Energy for sale of the UK Central North Sea license P2519 containing the Maria discovery in Block 15/18.
Shell has begun drilling for oil and gas at a North Sea site days after a Scottish court blocked a major project following legal action by green campaigners.
Shell and Equinor on Tuesday urged a Scottish court to uphold Britain's approval for the development of two vast North Sea oil and gas fields, as environmental campaigners attempted to block the ...
The energy major said the new subsea development at Farm Sor will mean more oil and gas can be supplied to Europe, bolstering energy security.
North Sea oil and gas extraction can cause pollution to spike by more than 10,000 percent within half a kilometer around off-shore sites, a study has found. The research has uncovered the true ...
A court ruling requires the British government to consider the potential climate impact of the oil and gas produced in the North Sea.
Britain's decision to increase a windfall tax on oil and gas producers to help pay for its push to grow renewables will lead to a sharp drop in revenue and accelerate the ageing basin's decline ...