North Sea
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Government and industry leaders support the oil and gas industry's role in the energy transition.
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Wellesley estimates that the drilling campaign has proved a developable gas-condensate accumulation of 60 to 100 million BOE.
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Over a 10-year period, sensors monitoring the motion and loads near subsea wellheads have been mounted on more than 300 drilling campaigns. Integrity parameters were calculated to assess whether subsea conductors provided the intended amount of support during drilling operations. In several of these campaigns, loss of conductor support due to integrity issues was obse…
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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.
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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.