Deltic Energy advances North Sea exploration with new license acquisition

Deltic Energy advances North Sea exploration with new license acquisition

Deltic Energy Plc, an AIM-quoted natural resources investing company, has announced the acceptance of a pivotal license awarded by the North Sea Transition Authority (NSTA) in the UK’s 33rd Offshore Licensing Round. The license, identified as P2672, strategically positions Deltic with 100% working interest (WI) adjacent to the productive West Sole gas field, encompassing blocks […]

Norway opens North Sea for CO2 storage exploration in strategic climate initiative

Norway opens North Sea for CO2 storage exploration in strategic climate initiative

In a significant development for climate action, the Norwegian Ministry of Energy has officially announced the opening of three areas in the North Sea for companies to apply for exploration licenses related to CO2 storage on the Norwegian continental shelf. This initiative is part of Norway’s effort to establish a new ocean industry focused on […]