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Offshore & subsea - 12 March 2021

Kistos to buy Tulip Oil Netherlands

The acquisition comprises a controlling (60%) interest in the Q10-A offshore gas field together with interests in a suite of offshore exploration and production licences in the Dutch North Sea.


North Sea flaring down by 22% in 2020

The reductions in flaring follow increased focus by the UK's Oil and Gas Authority, which started benchmarking performance in 2020 and now also publishes data every month.