Shell announced on Monday it will reevaluate plans to invest up to 25 billion pounds in Britain in the next decade following the government’s decision to increase a…
Rig demand rises with higher oil prices as North Sea activity picks up
With oil consistently above the $100/barrel threshold, demand for rigs is set to continue its ramp up, with the North and Barents Seas marked as hotspots, according to data from rig analysts Esgian
Australian Operator acquires North Sea acreage
Finder Energy has announced that it has completed the acquisition of two highly prospective UK North Sea operated licences, P2502 and P2524, from Azinor Catalyst Limited (Azinor). P2502…