This combination will create a jointly governed business which will call upon the key strengths of both shareholders', Francisco Gea, CEO of Repsol E&P, said.
UK crude oil production is projected to average 0.53 million barrels per day in 2025 in the NSTA's updated output forecasts.
Britain's EnQuest swung to annual profit on an after-tax basis, the North Sea-focused oil producer said on Thursday, ...
Despite predictions of decline, the UK's North Sea oil and gas sector has seen a surge in investment, exceeding forecasts and ...
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The UK on Saturday hosted a virtual summit on how ... Russia had also deployed almost 200 firefighters to help put out a fire at an oil depot caused by a Ukraine drone strike in the southern ...
The days are getting longer, summer is officially (pretty much) on the way – and here at Secret London we’re all about looking for the positives. And today’s little pocket of positivity comes in the ...
Salunda has announced it has launched the Latch Hawk 2 fingerboard latch monitoring device, with the aim of preventing dropped objects and improving safety during pipe handling on offshore drilling ...
Oil finds soon followed and by the early 1980s the UK was exporting more oil than it ... The world's worst offshore disaster was on the Piper Alpha rig in 1988 when 167 men died.