This discovery was found within a Jurassic reservoir zone characterized by high-quality sandstones.

Orcadian Energy has entered into a provisional agreement with an operator for a potential farm-in to its £1 billion Pilot project located in the North Sea.

Shell anticipates that Jackdaw, located about 155 miles east of Aberdeen, will begin production around the middle of this decade.

The company recently completed appraisal drilling for the Sapakara South and Krabdagu oil discoveries, confirming combined recoverable resources of nearly 700 million barrels.

The final investment decision for the project was made in 2021 when BHP approved $544 million in capital expenditure for the Shenzi North oil project.

The North Sea Transition Authority has blocked IOG's requests for license extensions, throwing the next phase of its Saturn Banks development into uncertainty.

Valaris had announced two contracts in July 2023 for its Valaris DPS-5 semi-submersible rig in the U.S. Gulf of Mexico.

Gas production from Timi field began on August 22, 2023.

The rig, formerly known as Frigg, was delivered after undergoing a six-month reactivation and schedule G upgrade project at Ocean Oilfield's shipyard in Hamriyah Sharjah, UAE.

While Namibia has yet to achieve oil and gas production, the country has attracted significant attention from international energy companies, particularly after Shell and TotalEnergies made discoveries in its offshore areas.