Management
The North Sea Transition Authority’s latest UKCS Technology Survey highlights emerging trends in innovation and deployment priorities across 46 operators. The 2025 data set offers a basinwide snapshot of how cutting-edge technologies are advancing efficiency, integrity, and net-zero performance in the UK North Sea.
The contract will cover the design and manufacturing of tree systems, flexible flowlines, a manifold, and controls, as well as installation of the subsea production system.
The Essington-1 well is the first discovery in the Otway since 2021.
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BP and partners have sanctioned the Azeri Central East project, the next stage of development of the giant Azeri-Chirag-Deepwater Gunashli oilfield complex in the Azerbaijan sector of the Caspian Sea. -
With the purchase, the growing, privately-held Chrysaor Holdings will expand its UK North Sea production to 185,000 BOE/D.
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Thirteen companies placed bids on 18 blocks in the Austral, North Argentina, and Malvinas West basins as part of Argentina’s first open bid round for offshore acreage in more than 20 years.
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While some try to put the two enormous oil producers toe-to-toe, the best thing to do might be to understand why they are different.
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The pipeline system will have the initial capacity to deliver 150,000 B/D of crude oil to multiple delivery points, accessing local refineries and connecting to several downstream pipelines.
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Chevron’s $50-billion purchase of Anadarko will make it the second-place ultra-major, behind ExxonMobil.
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The independent oil and gas company is aiming to build shareholder value through a change in business focus to midstream with this step into pipeline service and construction.
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The move is part of Delek’s strategy to expand its operations beyond the Eastern Mediterranean region. Shell, meanwhile, is in the midst of a $10-billion divestment program.
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Watch Valhall Flank West topsides move outside at the Kvaerner Verdal yard.
