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New UK North Sea oil and gas licences to clash with offshore wind zones
03 May 2024 11:18 GMT
… exploration licence does not eliminate the use of that area for offshore … of wind and oil and gas projects as the offshore space gets … of offshore wind projects facing overlap with the latest oil & gas exploration …
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ExxonMobil Completes Acquisition of Pioneer Natural Resources
03 May 2024 12:58 GMT
… of oil equivalent resource. ExxonMobil … reservoir performance, including variability and timing factors applicable to unconventional resources … ; the level and outcome of exploration … projects and decisions to invest in future reserves …
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Azule Energy Inks Farm-In Deal with Rhino Resources, Underscoring the Prospectivity of the Orange Basin
03 May 2024 12:30 GMT
… of an agreement with exploration company Rhino Resources Namibia. The transaction … offshore resources”
The Orange Basin continues to reveal substantial deposits of untapped oil … ’s hydrocarbon resources. By participating in the exploration activities in …
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Stock Market Crash Alert: 3 Must-Buy Oil & Gas Stocks When Prices Plunge
03 May 2024 10:19 GMT
… drive innovation and optimize resource extraction, enhancing its attractiveness … a leading exploration and production company for oil and natural … Basin, the highest-producing oil field in the U.S. … FANG) is a hydrocarbon exploration company in the Permian …
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UK to Allow Oil and Gas Drilling on Offshore Wind Sites
03 May 2024 12:04 GMT
… the Oil and Gas Authority, will also today confirm exploration licenses were … , the news that oil exploration will be allowed on offshore wind sites will … of the UK’s offshore oil and gas resources has some solid justification …
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NSTA Awards 31 More Licenses in Latest North Sea Oil and Gas Round
03 May 2024 13:17 GMT
… has offered further 31 exploration licenses in the latest … Finder Energy and Hartshead Resources, with Horizon Energy Partners … .
Other winners include Bridge Petroleum, DCarbonX, Deltic Energy, … fuels.
“Prioritizing offshore wind over oil and gas isn’t …
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Sunak to Allow Oil and Gas Exploration at Offshore Wind Sites
03 May 2024 12:02 GMT
… for regulating North Sea oil and gas production, will … for hydrocarbon exploration on sites designated for future offshore wind … deemed suitable for production, oil and gas platforms can … oil and gas licensing, as it opens areas previously leased to offshore …
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Europa Oil & Gas plc 33rd Licensing Round Update
03 May 2024 13:23 GMT
… and West Africa focused oil and gas exploration, development and production … of the 33rd UK Offshore Licensing Round that closed … of a development of the resources within the Licence. Since … the Company believes that its resources are better deployed on its …
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UK offers oil and gas exploration in offshore wind zones
03 May 2024 13:24 GMT
The UK government’s North Sea fossil fuels regulator, the North Sea Transition Authority (NSTA), has offered oil and gas licences in areas of existing and planned offshore wind development.
by
Orlando Jenkinson
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MOL discovers new oil field in Hungary with O&GD
03 May 2024 09:46 GMT
… per cent interest in three exploration concessions previously won by OGD … new deposit is currently producing around 1,000 barrels of oil per … MOL Group’s average daily oil production in 2023.
“It is …