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.
North Sea Carmen discovery confirmed with up to 107 MMboe recoverable
An appraisal well has confirmed the Carmen gas-condensate discovery offshore Norway, with...
