The decline of the UK oil and gas industry with the country being a net importer of oil and natural gas by gas pipelines and as LNG after being a net exporter for over 25 years has been further illustrated by Japan’s Mitsui now taking over UK energy pipeline services and technology specialist STATS.
The Norwegian Ministry of Petroleum and Energy has issued details of the 2022 oil and natural gas exploration and production licence round for allocations in predefined areas (APA) on the Norwegian Continental Shelf and with the application deadline set for Monday 12th of September 2022.