How will the 33rd licensing round work?
The long-awaited 33rd offshore oil and gas licensing round officially launches today.
offshore exploration
Almost 900 blocks up for grabs as 33rd North Sea oil and gas licensing round launched
The North Sea Transition Authority (NSTA) has fired the starting pistol on the 33rd oil and gas licensing round, the UK’s first since 2019.
Fugro warns of drop in first-half net profit
Engineering services firm Fugro warned today its first-half net profit will fall about 13% to about £85million on sales of £1billion.
Nexen abandons Gulf of Mexico Kakuna well
Canadian energy firm Nexen said today it found no oil or natural gas in commercial quantities at its deepwater Kakuna exploratory well in the Gulf of Mexico and was abandoning it.
Nexen abandons Gulf of Mexico Kakuna well
Canadian energy firm Nexen said today it found no oil or natural gas in commercial quantities at its deepwater Kakuna exploratory well in the Gulf of Mexico and was abandoning it.
Energising industries to adapt expertise into new fields
EXPERTS from the oil and gas and renewable-energy sectors will gather in Aberdeen next week to discuss the similarities in technical challenges faced by different parts of the energy industry.
New demand for offshore tax relief
Pressure for more tax relief to encourage offshore exploration and ease the threat to North Sea jobs was stepped up last night.
Sonsub grabs Bourbon Pearl
SONSUB, a unit of Saipem-Eni, has added the multipurpose ROV support vessel, Bourbon Pearl, to its fleet. This vessel has lately been performing electromagnetic (EM) offshore exploration for PetroMarker in the Barents Sea operating out of Hammerfest, in Norway.