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Sea oil

Oil Exploration
DNO Makes Small North Sea Oil Find. Another Well Comes Up Dry
Oil and gas operator DNO has made a small oil discovery on the Gomez prospect in one of its operated licenses in the Norwegian part of the North Sea.
Oil&Gas Drilling
Egypt Awards Red Sea Oil and Gas Exploration Concession to Mubadala Petroleum
New agreement adds to Mubadala Petroleum's Egypt portfolio that includes Shorouk and Noor exploration concessions
Wave Energy
Mocean Energy Raises £850k to Bring Green Power to Subsea Oil and Gas
Mocean Energy has secured major new investment to accelerate the commercialisation of its wave energy technology.
Oil Field
South Africa Discovers Large Deep-Sea Oil and Gas Field for the First Time
South Africa’s Minister of Mineral Resources and Energy Mantashe visited the Luiperd drilling well in the waters near Moso Bay in the Western Cape Province of …
Oil Field
Suncor May Sell Stake In North Sea Oilfields
Canada’s Suncor Energy is considering selling part of its assets in the North Sea amid a wave of consolidation in the mature offshore basin.
Watch Neptune Install Subsea Equipment for Two North Sea Projects
Neptune Energy has successfully installed subsea oil and gas production flowlines and gas lift flowlines for its Duva & Gjøa P1 developments in the Norwegian s…
Oil & Gas Trade
Russia Halves Western Sea Oil Exports in May after OPEC+ Deal
Russia plans to halve oil exports from its Baltic and black sea ports in May.
Oil&Gas Drilling
Aker BP Postpones Oil Developments Amid Market Turmoil
The company has suspended all oil and gas development projects that have not yet received board approval because of the coronavirus-related plunge in crude pric…
Oil Falls As Middle East Anxieties Ebb for Now
The front-month contract for Brent crude North Sea oil was last seen down USD 0.73 at USD 68.18/bbl – off Monday’s three-month high – while the WTI equivalen…
Scottish Faces 'Policy paradox' Over Support for North Sea Oil and Climate Crisis
The Scottish Government faces a “policy paradox” over its continued support for North Sea oil and gas extraction while also attempting to meet its ambitious c…
Why We Must Set a Date to Phase Out North Sea Oil and Gas
We don’t need to stop using oil and gas tomorrow, but we do need to set a date by which its use will be phased out in order to tackle climate change, writes Dr…
Crude
Equinor Finds New North Sea oil well, Norway's Oil Boom Is Backing
“After a string of recent discoveries, 2019 is shaping up to be the most successful exploration year since 2014 on the Norwegian Continental Shelf (NCS).”
Carbon-Free 2050: Five Ways The UK Energy Industry Will Have to Change
The UK government's target of reaching net zero emissions by 2050 is ambitious, with reliance on North Sea oil and a ban on onshore wind farms hamstringing the …

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