(Bloomberg) — The Biden administration on Wednesday issued oil and natural gas leases to companies that nabbed the Gulf of Mexico drilling rights in a government auction later invalidated by a federal court.
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Neptune Energy and its partners announced a new commercial oil discovery at the Ofelia exploration well (PL 929), close to the Gjøa field in the Norwegian sector of the North Sea.
Neptune has completed...
(Bloomberg) — South Africa expects TotalEnergies SE to submit a production plan within weeks to utilize a prolific offshore gas discovery that will form a key part of increasing investment in the sector.
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After the U.S. House of Representatives passed the Inflation Reduction Act, National Ocean Industries Association (NOIA) President Erik Milito said the bill secures some key priorities for long-term American energy security.
"As we said...
Offshore Energies UK has given its backing to plans by Equinor and its partners to progress a major oil and gas field on the UK continental shelf (UKCS).
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