The UK North Sea could still produce 7.5 billion barrels of oil equivalent oil and gas — almost double government estimates — and contribute to UK energy security by reducing dependence on imports, ...

Rystad Energy's analysis highlights increasing risks at the world's five most critical maritime chokepoints, threatening ...

When Sir Keir Starmer gathered his new Cabinet for the first time on Tuesday, he told Labour colleagues that the priority ...

The Offshore Support Vessel Market size was valued at over USD 22.5 Bn in 2024 and is expected to grow to USD 37.24 Bn in 2032 at a CAGR of 6.5%. From oil & gas frontiers to offshore wind farms, OSVs ...

OKEA ASA discovered oil discovery in the North Sea near Brage field. Data collection is ongoing, with appraisal expected to ...

A new analysis of environmental monitoring in the North Sea oil and gas sector, published by Offshore Energies UK (OEUK), the ...

Oil futures started the week higher with new Ukrainian attacks on Russian refineries maintaining a level of geopolitical risk premium.

As the IEA is about to revise its peak oil demand scenario radically, the global oil market is undergoing a shift that looks ...

The Norwegian Offshore Directorate (NOD) has provided more details about the recent oil and gas discovery at OKEA-operated ...