Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, has announced the commitment by the PL740 Brasse Joint Venture partners (Faroe 50% and operator and Point Resources 50%) to drill the Brasse East exploration well and award the associated rig contract, with commencement of drilling operations expected in Q4 2018.
Equinor has been awarded nine new licences in the 30th Offshore Licensing round, eight as operator, as announced by the Oil and Gas Authority.
InterMoor, a leading provider of mooring services, foundation solutions and offshore installations in subsea services group Acteon, recently completed work for the installation of the new Floating Storage and Offloading (FSO) facility Benchamas 2 (FSO Benchamas 2).
The Abu Dhabi National Oil Company has announced that it is receiving considerable interest from potential partners, as it explores a range of new growth options and initiatives to accelerate the delivery of its recently announced downstream strategy.
A new initiative was launched on 22nd May 2018 to drive up the number of women at senior levels and middle management in the UK’s energy industry.