UK Oil and Gas Authority begins sanctions investigation
The investigation will look into a possible failure by unnamed companies to maximise economic recovery from the North Sea.
Offshore & subsea - 14 June 2021
Equinor, Vår Energi and Aker BP make oil discovery in North Sea
Recoverable resources from the discovery in production licence 554 are estimated at between 1.3 and 3.6 million m3 of oil equivalent, corresponding to 8-23 million boe.