Britain’s Chancellor Rachel Reeves has raised the Energy Profits Levy on North Sea oil and gas producers to 38% in her first budget for the Labor government.
Challenger Energy has completed the transfer of a 60% interest in the AREA OFF-1 block offshore Uruguay to a Chevron subsidiary.
TotalEnergies and its partners in the Danish Underground Consortium (DUC) have proven further gas-condensate volumes in the Harald field in the Danish North Sea.
Petrobras says the first production well has been hooked up to the FPSO Marechal Duque de Caxias at the Mero field in the presalt Santos Basin offshore Brazil.
Production from the Triton FPSO in the central UK North Sea has been interrupted following an issue with the gas compressor.
Approximately 70% of oil and gas production today comes from mature assets.
Buoy designed to gather wind resource assessments; obtain metocean and marine environmental measurements.
CNOOC achieved net production during the third quarter of 542.1 MMboe, 8.5% up on the corresponding quarter in 2023.
The European Investment Bank and Elia Transmission Belgium (ETB) have signed a green credit facility agreement for the planned first phase of the Princess Elisabeth Island project offshore Belgium.
Omni says that it will support this contract by operating one heavy helicopter model and two super-medium models.
