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.
Carlos Slim buys remaining stake in Campeche offshore oil fields
Mexican billionaire Carlos Slim is expanding his offshore oil presence with a $270 million deal...

