The UK’s representative body for the offshore energy industry, Offshore Energies UK (OEUK), is starting the search for a new chief executive as its current one will be stepping down from the role at the end of the year.
Two oil and gas players – Neptune Energy and OMV Norge – have been granted drilling permits by Norwegian authorities for wildcat wells – located in the North Sea offshore Norway – which are scheduled to be drilled this month.
Less than three years after the initial exploratory discovery well was drilled, LLOG Exploration, a U.S. oil and gas operator, has kicked off the first production from a deepwater two-well subsea development, located in the U.S. Gulf of Mexico.
After an oil spill, which led to a production halt at an Australian offshore field, the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) intends to keep an eye on the situation and future activities to be undertaken by Jadestone Energy, a Singapore-headquartered oil and gas firm.
Amid the geopolitical crisis, which is upping fuel prices, Brazil’s state-owned giant Petrobras has appointed an interim chief executive officer (CEO), which is expected to spearhead the firm until a new CEO takes over the steering wheel.
Even though Norway saw a significant increase in gas production in May 2022 compared to the figures from the same period last year, this is only a small boost in regards to the Norwegian Petroleum Directorate’s predictions. On the other hand, the oil output dropped below predictions for the third month in a row, continuing its downward trend.
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