North Sea

Exploration & Production , Emissions

Neptune Energy, EDF Partner to Pilot Novel Method to Measure Offshore Methane Emissions

Plans are to deploy drone, aircraft and methane sensing technologies on the Neptune-operated Cygnus platform in the UK Southern North Sea.

March 5, 2021

Public Capital , Exploration & Production , Emissions , Renewables

Shell Changes Senior UK Leadership Ahead of Low-carbon Overhaul

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.

March 4, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of March 3, 2021

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.

March 3, 2021

Exploration & Production , Lease Sales

Norway Offers 84 Exploration Blocks in 2021 Licensing Round

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.

February 25, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Feb. 24, 2021

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.

February 24, 2021

Business , Exploration & Production , Acquisitions & Divestitures

Exxon Mobil Sells UK North Sea Assets in Deal Worth over $1 Billion

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.

February 24, 2021

Field Development

Neptune Energy, Partners Crank Up Gjøa P1 in North Sea

Neptune said the Gjøa Field is now expected to produce more than 100 million barrels of oil equivalent over 2010 production estimates.

February 23, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Feb. 17, 2021

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.

February 17, 2021

Exploration & Production

Norway Oil Firms Raise 2021 Investment Plans But Cuts Seen by 2022

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.

February 17, 2021

Field Development

Equinor Selects Aker Solutions for Troll B, C Electrification Work

The work would replace power generation from gas turbines at the platforms, reducing the climate footprint, Aker said.

February 16, 2021