Aker BP ASA has been granted a permit by the Norwegian Offshore Directorate to drill in the North Sea. Aker BP ASA has been granted a permit by the Norwegian Offshore Directorate to drill in the North ...

The Norwegian Offshore Directorate (NOD) has issued Aker BP a drilling permit for a wildcat well in the North Sea.The Permit is ...

The ongoing hunt for the next major discovery in Norway's Barents Sea will resume soon with at least two large exploration ...

Equinor has awarded contracts for Norwegian continental shelf well plugging to Baker Hughes and Archer Oiltools and will ...

In addition, the US is launching strikes on Yemen's Houthi rebels, and Defense Secretary Hegseth said strikes would be "unrelenting" until the group stops attacking vessels in the Red Sea.

Those concerns were highlighted in the 1970s when episodes of sharply rising oil prices led to recessions, economic stagnation, and high inflation. However, recent gains in U.S. oil and natural ...

An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).

An entire food web can grow. Studies like Bicknell’s find the same phenomenon is playing out around some wind turbines installed on the seafloor of the North Sea. Except, unlike oil rigs, these ...

Norwegian offshore driller Dolphin Drilling has endured a few months of corporate changes, but the new majority shareholder believes a clear improvement in market conditions on both the Norwegian ...

Six people have died and 39 others were rescued after a viewing submarine sank off the Egyptian Red Sea resort of Hurghada. The local governor's office said that the six people who died in the ...

North Sea-focused oil producer EnQuest will pay a maiden dividend after swinging to a profit last year despite recording lower production and turnover. The oil exploration group, which is in ...

In a statement posted on its site on Wednesday, Norwegian oil and gas operator DNO ASA announced “an important oil and gas discovery in Northern North Sea license PL1182 S”. The discovery was ...