Chrysaor

North Sea

Transparent pay gap reporting highlights progress towards gender balance in oil and gas

Transparency in reporting is producing results, with most operators showing year on year improvements towards gender balance.   We encourage all employers to publish their data without delay, and use it to drive their action plans.   With metrics like the median pay gap (-3% to 46%), percentage of women at the top (5% to 35%) and percentage of women overall (11% to 41%) varying massively between organisations,  it’s clear balance is attainable within our industry but it takes sustained determination at all levels of leadership.

Norway

One in three success rate for Norwegian explorers so far in 2021

Westwood Global Energy reports that there were five exploration well programmes active on the Norwegian Continental Shelf as of February 24. A total of three exploration wells have completed to date in 2021, from which one commercial discovery was made with total resources of c. 57 mmboe, giving a 33% commercial success rate.