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Exploration

Northern Ocean Ltd announced that its high specification semi-submersible drilling rig, Deepsea Bollsta, has safely completed the transit to Namibia and commenced its contract with Shell Upstream Namibia BV, a subsidiary of Shell Plc

The 12 member companies of the Oil and Gas Climate Initiative (OGCI) reduced their upstream emissions, launched an industry-wide initiative to cut methane emissions to near zero and increased investment and activities in low-carbon technologies that will support broader decarbonisation efforts

bp has signed a memorandum of understanding (MoU) with the Government of Egypt under which it will explore the potential for establishing a new green hydrogen production facility in the country

NewMed Energy has signed agreements with Adarco Energy and Morocco’s National Office of Hydrocarbons and Mines for the performance of natural gas and/or oil exploration and production activity in the Boujdour Atlantique exploration licence, which is located off the coast of Morocco in the Atlantic Ocean 

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