China National Offshore Oil Corporation (CNOOC) has started production from its Luda 5-2 North Oilfield phase two development ...

APA Corporation's diverse portfolio includes U.S., Egypt, and North Sea assets, with a significant focus on crude oil ...

Shares of Ithaca Energy jumped nearly 8% in morning trade after the North Sea-focused company reported higher 2024 oil and ...

CNOOC Ltd. started production at the Luda 5-2 North Oilfield Phase II Development Project in the central part of the Bohai Sea in about 30 m of water.

CNOOC Limited made major technological breakthroughs in this project and significantly enhanced the development efficiency of offshore super heavy oil'.

Such concerns have come to the fore of late after Francesco Mazzagatti, an Italian oil trader who is currently purchasing 11 ...

The North Sea-focused business produced 80,200 barrels of oil equivalent per day (boepd) in 2024, having forecast between ...

will make Mr Mazzagatti a significant player in the North Sea. After the deal was announced last year, Viaro – which ...

Ed Miliband risks destroying the UK’s reputation if he blocks Britain’s two biggest offshore oil and gas developments, the boss of energy giant Equinor has warned.

Elected officials in the nation’s largest state are hoping for a long-term increase in drilling and production as the new ...

Over the past 5 and 10 years, Dated Brent (North Sea Dated) crude oil prices have averaged US$75.40/bbl and US$66.27/bbl, ...

China's first oilfield from with reserves of super-heavy oil begins extracting reservoirs through thermal recovery. Luda 5-2 ...