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North Sea oil news


UK North Sea emissions down three years in a row

Greenhouse gas emissions from UK offshore oil and gas production were cut for the third consecutive year in 2022 as the industry continued its drive to reach net zero by 2050.


Maria Phase 2 template successfully installed

Wintershall Dea and its partners Petoro and Sval Energi have successfully installed an additional subsea template on the seabed at Haltenbanken on the west coast of Norway.


Two COSL rigs awarded drilling contracts

Equinor has awarded COSL Offshore Management AS two contracts and will employ COSLPromoter and COSLInnovator on the Norwegian continental shelf.


Brasse project continues with OKEA as operator

The partners in the Brasse license have agreed a fast-track development concept for the oil and gas discovery, paving the way for detailed design studies to link up with the Brage field. A final investment decision is expected in 2024.