16 July 2024
16 July 2024
The International Energy Agency (IEA) reported a huge 60% increase in global gas demand in the first half of 2024.
The North Sea Transition Authority (NSTA) revealed it will get tough on operators that do not meet their obligations.
The Chinese energy major tested the production at the LK7-1-1 well, which yielded around 210m³ of crude oil and nearly one million cubic metres (mcm) of natural gas daily.
Called Hammerhead, the project is expected to commence production before the end of the decade.
WTG Midstream offers a suite of midstream services including wellhead gathering, intra-basin transportation and processing.
The company’s first project involves the engineering, procurement, construction and installation (EPCI) of a 50km crude trunk line for the Abu Safa ield.
The Nigerian National Petroleum Corporation (NNPC) had committed to a 20% stake but has only fulfilled payment for 7.2%.
Half of respondents chose Labour when asked which party will most effectively implement the North Sea’s energy transition.
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