Russia assembled a fleet of about 700 ships to help keep its oil moving in the face of western sanctions, but many operate with opaque ownership structures, calling safety standards into question.
Orlen Upstream Norway and its partner Norske Shell have drilled a dry well, wildcat well 6305/10-1 “Tomcat”, in the southern part of the Norwegian Sea.
Aker Solutions enters a strategic partnership agreement to deliver maintenance and modification services on Vår Energi operated assets and projects on the Norwegian Continental Shelf (NCS).
Vår Energi ASA and its partners found gas in the “Elgol” prospect; however, preliminary estimates indicate that the discovery is not profitable given current price assumptions.
