Oil and Gas News | Upstream, Downstream and Global Midstream

New discovery of oil confirmed in the North Sea

The discovery could connect with existing infrastructure in the Balder area.

The completion of the Northern Gas Pipeline is strategically planned to coincide with the onset of winter.

The FPSO used in the Pivotree™ system operates with a reduced crew.

The measure seeks to protect a variety of species and respond to rapid climate change in the Arctic.

The new regulation comes after a public consultation process that received more than 2,000 comments.

The pipeline will rejoin the market with full capacity restored.

PetroSA moved quickly to close a deal that will initially provide 2 petajoules of gas a year.

The company responsible for the gas pipeline assured that no injuries were reported.

In the KG basin, with nine ultra-deepwater gas wells and planned capex of $3.2 billion,

According to the company, approximately 98% of the platform is expected to be recycled and used for other energy or related projects.

Drilling revealed an oil layer of approximately 260 feet in true gross vertical thickness, with 177 net feet distributed over two main targets.

Perupetro is the entity in charge of managing, negotiating and supervising hydrocarbon exploration and production contracts in Peru.