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Offshore & subsea

 
 
 
 

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.

 
 
 
 

Oil discovery made near Johan Castberg field

Recoverable resources at exploration well 7220/7-4 in production licence 532 are so far estimated at between 5 and 8 million m3 of recoverable oil, corresponding to 31 – 50 million bbl of recoverable oil.