Initial estimates indicate the reservoirs west of Norway could contain 30 million to 110 million barrels of recoverable oil ...
The new joint venture (JV) will focus on sustaining domestic oil and gas production and supporting energy supply security in ...
Warning comes as Harbour Energy says it will axe 100 of its offshore workforce after chancellor kept headline 78% levy ...
Verdande is primarily an oil producer, comprised of the Cape Vulture and Alve Nord East discoveries, and contains 36 million ...
TipRanks on MSN
Aker BP and Equinor announce major discoveries in North Sea
Aker BP ASA ( ($GB:0M5J) ) has issued an announcement. Aker BP and Equinor have made significant gas and condensate discoveries in the Lofn and ...
OilPrice.com on MSN
Shell and Equinor Launch Adura as UK’s Largest North Sea Producer
Shell and Equinor have combined UK offshore portfolios to create Adura, now the largest independent North Sea producer.
Equinor ASA and Shell PLC have completed the combination of their oil and gas operations on the United Kingdom's side of the ...
OilPrice.com on MSN
UK Windfall Tax Puts $20 Billion in North Sea Oil Investment at Risk
The UK government’s decision to retain the windfall tax is driving away investment, triggering job losses, and prompting industry warnings of a collapse in North Sea oil and gas production.
Var Energi confirmed a new oil discovery on Norway's side of the Barents Sea, the second discovery in weeks in its ongoing ...
The drilling program is expected to be completed in December 2025. First oil from Teal West is expected in mid-2026.
The North Sea, once a cornerstone of the global oil and gas sector, has experienced a significant decline in investment in recent years. With ...
Shell (SHEL.L, SHELL.AS) and Equinor (EQNR.OL) formally launched their new joint venture Adura, becoming the UK North Sea's ...
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