All articles by Archana Rani
Archana Rani
Aker BP and partners discover oil near Yggdrasil field offshore Norway
As per the estimates, the Epsilon and Øst Frigg structures hold between 8.5 and 14.3 million cubic metres of recoverable oil equivalent.
Tamboran secures land for proposed Northern Territory LNG project
A total of 170 hectares have been allocated on a ‘do not deal’ basis for a period of 12 months.
Apache suspends drilling work in North Sea
The company is also reducing its workforce in the UK as it considers its operation no longer competitive due to high taxes.
Chevron plans $500m investment in Argentina’s Vaca Muerta
The Vaca Muerta shale formation is said to be the fourth-largest shale oil reserve in the world.
Prax Group acquires UK oil producer Hurricane Energy
Hurricane owns a 100% stake in Lancaster Field located in blocks 205/21a, 205/22a and 205/26b offshore UK.
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TGS and SLB start Engagement Phase 4 in Gulf of Mexico
The sparse OBN programme will expand the contiguous data coverage from previous phases into the western Green Canyon area.
Germany and Italy support gas pipeline project
The pipeline will also enable the supply of hydrogen between the two European countries.
Pakistan signs TAPI pipeline plan with Turkmenistan
The TAPI project will have the capacity to export up to 33 billion cubic metres of natural gas per year.
Aker BP secures development plan approval for Tyrving field
The Tyrving field is estimated to hold recoverable resources of around 25 million barrels of oil equivalent.
India’s MRPL abandons refinery expansion plan
The company is planning to make a significant investment in constructing a new production plant in Karnataka, a state in India.