UKCS exploration drilling on course for record low in 2020, Westwood Global says
UK offshore exploration drilling is on course to slump this year to its lowest level since companies starting scouring the North Sea for oil in the mid-1960s.
32nd licensing round
Dana Petroleum eyes two mature North Sea prospects after new blocks awarded
Dana Petroleum is understood to be targeting two mature UK North Sea prospects after securing several blocks in the most recent licensing round.
Deltic ‘insulated’ from virus thanks to impact of Shell farm-outs
Deltic Energy said the company is largely “insulated” from the impact of Covid-19 thanks to the financial benefits of Shell farm-outs last year.
OGA dishes out 113 offshore licences in 32nd round – maps
The Oil and Gas Authority (OGA) has offered for award 113 licence areas over 259 blocks or part-blocks to 65 companies in the 32nd Offshore Licensing Round.
Talon Petroleum aims to grasp more North Sea licences
Australia’s Talon Petroleum has announced plans to boost its acreage in the UK North Sea.
OGA launches 32nd licensing round in bid for exploration bounce back
The Oil and Gas Authority (OGA) has launched the UK’s 32nd offshore licensing round as the industry seeks to restore exploration activity.