International activity is maintaining leisurely growth, while the U.S. continues to lag. Global oil production was up slightly in 2023, with stronger gains in the Americas. Offshore activity is buoyed by continued success in areas like Guyana, Suriname and Namibia.
Serica Energy to acquire bp’s stake in UK’s largest offshore gas field
Serica Energy has agreed to buy bp's 32% stake in the Culzean field, the UK’s largest offshore gas...