The UK’s competition regulator might accept a remedy proposal, submitted in response to its concerns about the proposed Noble-Maersk merger.
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Equinor and Aker BP have inked a deal for the transfer of operatorship, allowing the latter to take the operator helm in the NOAKA area.
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BP intends to invest up to £18 billion (about $22.5 billion) in the UK’s energy system by the end of 2030.
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Oil and gas major BP is moving ahead with plans for the development of the Murlach field in the UK North Sea.
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The annual performance review for the UK’s top producers highlighted 33 new projects targeting 1.3 billion barrels of oil and gas.
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