With investor confidence taking a hit in the aftermath of political and fiscal woes, hydrocarbon exploration in a slump, and supply chain costs likely to rise, a postponement of plug and abandonment (P&A) assignments could hike the UK’s decommissio…
Delays in plug & abandonment work may put $5.5 billion on UK decom tab Read More »
Drydocks World Dubai, a part of DP World, has slid the final section of a module into place for a new platform destined for deployment at an oil and gas development in the North Sea, off the coast of Norway.
The post WATCH: ‘Key’ piece of North Sea oil…
WATCH: ‘Key’ piece of North Sea oil & gas platform ready for next stage Read More »
After two ships caught fire in the wake of a collision between a U.S.-flagged oil tanker and a Portuguese container ship, which occurred in the North Sea, north of England, U.S. officials have reportedly been unable to rule out ‘foul play,’ as a potent…
‘Foul play’ among suspected reasons behind oil tanker–cargo ship North Sea collision Read More »
DNO has set the wheels into motion to augment its hydrocarbon portfolio with the acquisition of Sval Energi.
The post Norwegian firm quadrupling its North Sea oil & gas production with Sval Energi buy appeared first on Offshore Energy.
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A deal for an FPSO, picked for an oil redevelopment project in the North Sea, has been taken off the table as New European Offshore (NEO Energy) and its partners, Serica Energy and Jersey Oil & Gas (JOG), continue to wait clarity on the fiscal and …