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Located along the North Sea, the Humber is expected to play a central role in the UK’s effort to achieve a net-zero emissions status by 2050.
The deal adds over 1,000 potential drilling locations and almost doubles oil production for Houston-based Magnolia.
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By the end of 2025, a floating wind turbine will supply power to the operator’s Culzean platform in the Central North Sea.
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Collaboration agreement lays foundation for advancing tech and know-how for harsh environment operations.
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Industry experts advocate for collaboration to develop and test technology that can reduce emissions without breaking the bank.
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Industry professionals can use the 20/60/20 approach to recruit those most likely to be won over to oil and gas.
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Viking Energy, the world’s first LNG-powered supply vessel, is set to become the world’s first ammonia-powered supply vessel.
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A Houston-based geothermal startup just got "liked" by the parent company of Facebook.
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Proving that green hydrogen can efficiently power steel pipe manufacturing could advance the EU’s plan to decarbonize its heavy industry by importing the sustainable fuel from North Africa after 2030.
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Investment in the Kingfisher and Tilenga upstream projects together with the East African Crude Oil Pipeline and a new refinery represents a $20-billion economic lift to the country.
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The operator will move forward with its multibillion-dollar Northern Hub project while planning for additional exploration drilling in the region.
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Rig counts are down since 2023, but well productivity is marching forward.