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UK likely to unlock £10 billion worth of North Sea oil & gas

Monday, October 28 2024

Fossil Energy – Policy

Given the rising focus on energy security, Wood Mackenzie, an energy intelligence group, has pointed out that the United Kingdom (UK) could get its hands on an additional £10 billion of North Sea oil and natural gas value from existing assets if it puts the right set of fiscal and regulatory policies in place.

[Read more…] about UK likely to unlock £10 billion worth of North Sea oil & gas

Filed Under: fiscal and regulatory policies, International projects, Oil and Gas, UK Tagged With: fiscal and regulatory policies, Oil and Gas, UK, Wood Mackenzie

Enbridge to build pipelines for GOM deepwater oil project

Sunday, October 6 2024

Fossil Energy – Deepwater Project

Enbridge announced earlier this week that it will build, own, and operate crude oil and natural gas pipelines in the U.S. Gulf of Mexico for the recently sanctioned Kaskida development, operated by BP Exploration & Production.

[Read more…] about Enbridge to build pipelines for GOM deepwater oil project

Filed Under: BP, Enbridge, Gulf of Mexico, International News, Oil and Gas, Pipeline, pipeline installation Tagged With: BP, Enbridge, gulf of mexico, Oil and Gas, pipelines

Equinor awarded 39 new production licences on NCS

Tuesday, January 16 2024

Fossil Energy – Production Licences

Equinor was awarded 39 new production licences by the Ministry of Energy in this year’s Awards in Predefined Areas (APA).

[Read more…] about Equinor awarded 39 new production licences on NCS

Filed Under: Equinor, International News, Licenses, Norway, Production Tagged With: Equinor, licences, norway, Oil and Gas, production

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