North Sea
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First gas is flowing from IOG’s Blythe H2 well, part of the Southern Banks gas development in the UK southern North Sea. -
Life-extension project will double the facility’s life in hopes to double its output to date.
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Production from the offshore project now represents the equivalent of 7% of European oil consumption.
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Companies licensed to drill in the North Sea will report their findings to regulators under new powers brought forward in an Energy Bill amendment.
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The contracts are for work in the Black Sea and North Sea.
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The gathering’s goal is to install 120 GW of wind power in the North Sea by 2030.
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The operator adds equity interests in five discoveries in the region.
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Initial production rates have exceeded 10,000 B/D of oil.
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Wind projects sweep across the globe; offshore wind and green hydrogen dive into the North Sea; and the Sunshine State gets a bit brighter.
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The acquisition deepens Equinor’s holdings in one of is core regions and will add 15,000 BOE/D of new production.
