Equinor ASA EQNR recently made a new oil and gas discovery in the Norwegian North Sea. The discovery was made ... Equinor has stated that the estimated reserves lie in the range of 13-28 million ...

The company discovered a new oil field 17 kilometers west of the Troll field in the North Sea, with estimated reserves ranging between 2 and 12 million barrels of oil equivalent. The Ringand ...

North Sea oil production is declining due to the depletion of reserves and a global shift towards renewable energy. The UK government has been criticized by activists for prioritizing oil and gas ...

Humza Yousaf, the former first minister, argues against allowing Ithaca Energy’s owners to press ahead with Rosebank in the North Sea.“We survived.” That is the message we wait for every morning from ...

Labour’s windfall tax on oil and gas producers will leave 1.5bn barrels of oil and gas stuck in abandoned North Sea oil wells, according to new analysis of the levy’s impact.

Arjun Flora, director of energy finance studies, Europe, at IEEFA said: “Remaining oil and gas reserves in the North Sea are insignificant compared to the UK’s long-term energy security needs.

In a statement posted on its website, the North Sea Transition Authority (NSTA) said its latest resources and reserves report shows that the NSTA’s estimate for proven and probable UK oil and ...

But 50 years (and 45 billion barrels of oil) later, and oil is not the black gold it once was. Not only are North Sea reserves declining, but we also know that continued oil and gas production is ...

Rockhopper Exploration plc, the oil and gas company with key interests in the North Falkland Basin (“NFB”), has reported on the recent update published by Navitas Petroleum LP on Sea Lion ...

The company’s key asset has long been the Pilot field, seen as one of the largest undeveloped discoveries in the central North Sea, with probable reserves of about 80m barrels of oil equivalent.

Equinor discovered oil and gas reserves near the Troll field in the North Sea, estimated at 2–12 million barrels. The small Ringand find may not be viable alone but could combine with future ...