Hartshead Resources has received a letter of offer and license documentation for six new licenses covering ten blocks as part of the UK’s oil and gas licensing round awarded by the country’s regulator, the North Sea Transit Authority (NSTA).
The post ‘…
‘Significant’ Southern North Sea acreage for Australian firm in UK’s licensing round Read More »
Malaysian rig owner Velesto Energy has reported solid financial results for the second quarter of 2024, which it attributes to higher utilization and average daily charter rates.
The post Velesto optimistic about jack-up market’s future, with ‘another …
The operator of a deepwater block off the coast of Mozambique, Mozambique Rovuma Venture (MRV), comprising ExxonMobil, Eni, and China National Petroleum Corporation (CNPC), has taken the last step before making a final investment decision (FID) by inki…
LNG project offshore Mozambique one step shy of FID Read More »
Switzerland-headquartered structural performance management software solutions provider Akselos has signed a strategic enterprise agreement with Shell Information Technology, a subsidiary of the UK-based energy giant Shell, to widen their existing coll…
Shell leveraging Swiss digital twin technology to optimize global offshore assets Read More »
Based on the 2024 Global Gas Report, the world may face an energy deficit soon, with renewable energy targets at risk of falling through due to insufficient funding allocated to gas and clean energy projects.
The post Rystad: With global gas markets in…