Hezbollah is ready to take action “including force” against Israeli gas operations in disputed waters once the Lebanese government adopts a clearer policy, the heavily armed movement’s deputy leader told Reuters on Monday.
Norwegian oil and gas giant Equinor has found no traces of a hydrocarbon reservoir after drilling an exploration well in the North Sea offshore Norway, despite having the potential to be a “play opener.”
U.S. oilfield services provider McDermott has been awarded a Front-End Engineering Design (FEED) contract by North Oil Company (NOC) for the Ruya development, previously referred to as Al-Shaheen Phase 3-Batch 1, located offshore Qatar.
Dutch offshore contractor Heerema Marine Contractors is moving forward with plans to remove the Dunlin platform from the waters off the UK after 45 years, using the world’s largest crane vessel, Sleipnir.
Following discussions with its joint venture (JV) partner, UK-based Hurricane Energy has decided to give up another licence in the Greater Warwick Area (GWA) on the UK Continental Shelf (UKCS), believing that economic development cannot be carried out within the remaining term of this licence.
UK-headquartered IOG plc is looking forward to a phased increase to double the output at its Saturn Banks Project – Phase 1, located in the UK sector of the North Sea, after restoring the production following modifications to the terminal operated by Perenco (UK) Limited (PUK).
London-listed Tullow Oil and Capricorn Energy, formerly known as Cairn Energy, have reached an agreement on the terms of a recommended all-share combination of Tullow and Capricorn to create what they say will be “a leading African energy company.”