Plans are to deploy drone, aircraft and methane sensing technologies on the Neptune-operated Cygnus platform in the UK Southern North Sea.
As part of the management changes, Steve Phimister, head of Shell’s oil and gas operation in the North Sea since 2017, will be replaced.
Here’s a snapshot of recent energy deals including Permian Basin acquisitions by U.S. Energy Development comprising interests in oil development projects in the Delaware Basin.
The so-called predefined areas (APA) licensing rounds were introduced in 2003 to facilitate exploration in the most geologically known parts of the Norwegian continental shelf.
Here’s a snapshot of recent energy deals including a series of transactions in the Duvernay Shale as both Shell and Ovintiv exit the play plus Continental Resources reveals itself as the buyer of Samson Resources’ Powder River Basin position.
The sale of U.K. North Sea upstream assets on Feb. 24 helps the U.S. oil major free up capital for projects elsewhere, says Exxon Mobil Vice President Neil Chapman.
Neptune said the Gjøa Field is now expected to produce more than 100 million barrels of oil equivalent over 2010 production estimates.
Here’s a snapshot of recent energy deals including the $2.2 billion all-stock combination of Canadian oil producers ARC Resources and Seven Generation plus Energy Transfer’s multibillion-dollar acquisition of Enable Midstream.
Last year, Norway’s parliament approved temporary tax incentives to spur oil and gas investments, triggering promises by Equinor and others to accelerate development of existing finds to bring them on stream.
The work would replace power generation from gas turbines at the platforms, reducing the climate footprint, Aker said.