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Offshore Technology on MSNNSTA revises UK North Sea oil investment and output outlookThe NSTA reported that capex reached £5.95bn ($7.7bn) last year, significantly surpassing an earlier projection ...
The NSTA reported that capital expenditure (capex) reached £5.95bn ($7.7bn) last year, significantly surpassing an earlier projection, reported Bloomberg. Although this year's investments are ...
UK crude oil production is projected to average 0.53 million barrels per day in 2025 in the NSTA's updated output forecasts. The North Sea Transition Authority (NSTA) expects UK crude oil ...
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