Author: Press Release

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Announcing 136 blocks

Announcing 136 blocks

The consultation deadline for the 25th licensing round is set for August 26th 2020, while the application deadline is set for early next year and is e [...]
Can machine learning help highlight missed pay?

Can machine learning help highlight missed pay?

Press release: The project, coordinated by the Oil and Gas Technology Centre (OGTC) in Aberdeen, has explored how the use of sophisticated digital ana [...]
Atlantic Margin survey commences

Atlantic Margin survey commences

Press release: The AM20 survey covers the latest APA19 awards in the Norwegian Sea and extends West into open acreage where TGS has identified several [...]
No material change in 2020-production for DNO

No material change in 2020-production for DNO

Due to turbulence and uncertainty in global oil and financial markets triggered by the coronavirus pandemic, DNO has updated their guidance for 2020. [...]
North Sea gas has lower carbon footprint than imported LNG

North Sea gas has lower carbon footprint than imported LNG

In this analysis, gas extracted from the UKCS has an average emission intensity of 22 kgCO2e/boe; whereas imported LNG has a significantly higher aver [...]
Polarcus enhances its processing and imaging offering

Polarcus enhances its processing and imaging offering

A new 3-year contract signed for onboard processing to include DUG McCloud. [...]
PGS kicks off their MC season in NWEurope this week

PGS kicks off their MC season in NWEurope this week

Ramform Tethys to acquire a 3D MultiClient survey offshore East Shetland before heading to the Norwegian Barents Sea. [...]
UKCS: Lancaster has reached 20,000 bopd

UKCS: Lancaster has reached 20,000 bopd

Q1 2020 Production   Lancaster EPS Quarterly Production Update        Q4 2019  Q1 2020  Oil Production  Million barrels  1.1  1.4 [...]
Rystad Energy expects a 17 % CAPEX decline in 2020

Rystad Energy expects a 17 % CAPEX decline in 2020

This will be the lowest CAPEX of the last 13 years. In their scenario, Rystad Energy expects 34 USD per boe in 2020 and 44 USD per boe in 2021. In [...]
Norway kicks off APA 2020 – 36 new blocks for public consultation

Norway kicks off APA 2020 – 36 new blocks for public consultation

The Ministry of Petroleum and Energy has kickstarted Norway's annual licensing round - Awards in Predefined Areas (APA), in a press release. Th [...]
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