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.
Aker BP’s Skarv satellites officially start up, adding 120 MMboe in Norwegian Sea
Aker BP’s Alve Nord, Idun Nord and Ørn fields are producing via the Skarv FPSO in the Norwegian...
