The Tyra field, Denmark's largest offshore gas field, had been a significant source of natural gas production in the Danish North Sea, contributing over 90% of the country's output since the mid-1980s.

Situated within the UK Southern Gas Basin, specifically the 'Earn' prospect located just west of the Tolmount field, this discovery is a significant development for the company.

Significantly, the field has initiated gas delivery nearly six months ahead of the initial schedule, as confirmed by ConocoPhillips on Friday.

The Svalin field, situated in the central part of the North Sea about six kilometers southwest of the Grane field in a water depth of 120 meters, has been in production since 2014.

The upgrade includes cloud-based technology adhering to the highest IT security standards, fulfilling regulatory requirements for oil spill monitoring and detection regardless of weather conditions.

Baker Hughes' data reveals a year-on-year decline of 178 rigs in North America, with the U.S. accounting for the majority of the decrease, shedding 143 rigs, while Canada saw a drop of 35 rigs during the same period.

Under the terms of the deal, Vår Energi is selling its 12.26% interest in the Brage field to Petrolia.

The power-from-shore project, set to commence this month, aims to supply stable and eco-friendly power to the Yggdrasil field.

DeepOcean's comprehensive scope of work included the removal of six subsea conductors and four vertical supports at various water depths, along with the upper conductor guide frames weighing an estimated 400 tonnes on the Dunlin Alpha platform.

Shelf Drilling announces successful contract awards for the Adriatic I and Shelf Drilling Mentor jack-up rigs in Nigeria, with a combined estimated contract value of $93 million.