Rate this article By Offshore Energy Today Siccar Point Energy, a North Sea-focused oil and gas player, has signed an agreement with its existing syndicate of banks to increase and extend its existing Reserves Based Lending facility limit … Read Full Article Here For more great articles: Offshore Energy Today
Rate this article By Offshore Energy Today i3 Energy, a North Sea-focused oil and gas company, has said that its recently acquired Serenity prospect could boost its North Sea reserves to about 500 million barrels. … Read Full Article Here For more great articles: Offshore Energy Today
Rate this article A new report from Wood Mackenzie suggests that digitalization could save the upstream sector $75 billion annually by 2023. Read Full Article Here For more great articles: Offshore RSS Feed
Rate this article By Offshore Energy Today The UK North Sea has another 20 or more years of production ahead based on the current reserves estimates. This could further improve if more discoveries were made and if those made were to be… … Read Full Article Here For more great articles: Offshore Energy Today
Rate this article The semisubmersible Transocean Arctic has successfully appraised the 2009 Grosbeak discovery in the northern North Sea for Wellesley Petroleum after drilling two wells in license PL248I. Read Full Article Here For more great articles: Offshore RSS Feed
Rate this article By Offshore Energy Today Norwegian oil company Equinor has struck oil at the appraisal well of the Cape Vulture discovery from 2017. … Read Full Article Here For more great articles: Offshore Energy Today
Rate this article Lundin Norway expects to increase reserves at its Alta-Gohta oil discoveries in the southern Barents Sea, following a successful appraisal well 7220/11-5 and extended production test on Alta. Read Full Article Here For more great articles: Offshore RSS Feed
Rate this article Oil reserves at Gazprom Neft’s Neptune field offshore Sakhalin Island have risen to 415.8 million metric tons, according to the latest estimate from Russia’s Federal Agency for Mineral Resources. Read Full Article Here For more great articles: Offshore RSS Feed
Rate this article By _Offshore_Energy_Today_ A competent persons report on Tullow’s Orinduik block off Guyana has identified 2,9 bboe of P50 (best estimate) reserves. … Read Full Article Here For more great articles: Offshore Energy Today
Rate this article By Offshore Energy Today The Australian government will make a review into the commercial value of south-east Australian offshore petroleum titles in order develop offshore reserves “as soon as possible,” warning that some… … Read Full Article Here For more great articles: Offshore Energy Today