The North Sea Transition Authority (NSTA) has offered further 31 exploration licenses in the latest phase of the U.K.'s 33rd oil and gas licensing round.A total of 82 offers to 50 companies have now been made in the round which attracted 115 bids from 76 companies across 257 blocks and part-blocks.The licenses offered in the round would be expected to add an estimated 600 mmboe up to 2060, or 545 by 2050鈥
Mermaid Subsea Services has signed a Memorandum of Understanding (MoU) with EnergyPathways and MCS Group, through its UK subsidiary MCS Subsea Solutions, to advance the development of the Marram field.Under the terms of the MoU signed on February 9鈥
