Anticipated to commence commercial operations in 2027, the Brasse field is poised to become a vital asset in the region's energy landscape.

The operations are scheduled to commence and conclude during the second quarter of 2024.

The recent fleet status report, issued on August 1, indicates the company's continued success and expansion within the offshore drilling sector.

Developed by Neptune Energy, the Seagull field serves as a subsea tieback to the BP-operated central processing facility of the Eastern Trough Area Project.

The company outlined plans to return to the well for completion as a production well in early 2024.

While the discovery is relatively modest, Equinor has affirmed that gas production can commence as early as 2023.

The new legislation, to be outlined in the upcoming King's Speech, will require the North Sea Transition Authority regulator to solicit applications for fossil fuel drilling in the North Sea on an annual basis.

Shell's CEO shared this information during a recent call with analysts, outlining Shell's intentions to undertake an exploration well, an appraisal well, and a flow test at its offshore exploration licenses in Namibia.

The contracts involve the supply of SENSFIB hull stress monitoring systems for two cutting-edge Floating Production Storage & Offloading (FPSO) units commissioned by Petrobras, a major Brazilian energy company.

A leaked document revealed the re-inclusion of the controversial pipeline, sparking renewed criticisms and debates around the project's legitimacy and ethical considerations.