The North Sea Transition Authority’s annual reserves report puts UK proven and probable oil and gas reserves at 2.5 Bboe at the end of 2025, down 0.4 Bboe in a year in which about 380 MMboe was produced, no new field development plans were consented and no exploration wells were drilled.
Equinor awards Aibel FEED for Wisting FPSO topsides in Barents Sea
The Equinor-operated Wisting partnership has awarded Aibel a FEED contract for the production...
