The North Sea Transition Authority raised its forecasts for investment and production in the coming years after 2024 figures were higher than expected. The NSTA said capex totaled £5.95 billion ($7.7 billion) last year, more than 50% above an October projection.
Chevron, TotalEnergies begin oil production at Ballymore project in deepwater Gulf
Chevron and TotalEnergies have launched production at the Ballymore project in the deepwater Gulf...
