North Sea
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The Norwegian Ministry of Petroleum and Energy OK’d plans to develop the Dvalin North field and the second phase of the Maria field in the Norwegian Sea. -
Preliminary evaluation indicates gross recoverable resources of 120 million–230 million BOE.
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UK Prime Minister Rishi Sunak commits to future oil and gas licensing rounds as new analysis shows domestic gas production has around one-quarter the carbon footprint of imported liquefied natural gas.
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Norway’s USV joint venture will launch its first unmanned offshore surface vessel in 2025 to support subsea inspection, maintenance, and repairs.
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Benriach well finds subeconomic natural gas accumulation.
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Challenges including increases in UK taxation have prompted operator Parkmead Group to drop plans to develop its Greater Perth project in the 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.
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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.
