Kris Piessens, GSB; Gregor Gotzl, GBA; Klaus Hinsby and Jorgen Tulstrup, GEUS; Antje Wittenberg, BGR; Serge Van Gessel and Joop Hasselman, TNO
It is a misconception that abandoning fossil fuels reduces the importance of the subsurface – whilst the use of it will materially change, it continues to play a crucial role in every aspect of human life.
Longboat Energy, the emerging full-cycle North Sea E&P company has announced a material discovery at the Egyptian Vulture exploration well in PL 939, encountering light oil in the primary target in the Lower Cretaceous Intra Lange Formation.
The UK has little to no gas storage capacity and is at risk of becoming overly reliant on renewable energy to keep the lights on this winter, according to John Underhill, a Professor of Geoscience and Energy Transition at Heriot-Watt University.
The two major oil and gas producers in northern Europe appear to be on slightly different trajectories when it comes to their approach to future exploitation of their continental shelves. What does the future hold for European oil and gas licensing?