BP told it must offload Rosneft stake or ‘risk complicity with Russia’s war crimes’
A senior figure in the Ukrainian Government has urged BP (LON: BP) to severe its relationship with Rosneft (MM: ROSN), or “risk complicity with Russia’s war crimes”.
‘Diminishing hopper’ of big North Sea projects a leash on firms’ ability to offset tax hike
Westminster’s hopes of spurring North Sea spend in the coming years could be derailed by one fundamental issue: a lack of available projects.
Delegate registration opens for free-to-attend Subsea Expo 2023
Global Underwater Hub has announced that registration for Subsea Expo 2023, its annual showcase of underwater technology, has opened.
BP advertises collaboration openings on Scottish offshore wind farm
Companies capable of making an array of offshore wind components are being pushed to engage with BP (LON: BP) on its ScotWind project.
Ithaca capex could top £1bn in near future, driven by Cambo, Rosebank, Marigold and Fotla
Ithaca Energy is preparing to pull the trigger on hundreds-of-millions of pounds worth of spend, should a handful of North Sea projects get the go ahead.
Neptune Energy confirms up to 22m boe find at Calypso
North Sea operator Neptune Energy has confirmed the discovery of fresh, commercial oil in the Norwegian Sea.
Ithaca and CNR prepping subsea decom contracts for New Year
A pair of North Sea firms are preparing belated Christmas presents for the supply chain, in the form of decommissioning contracts.
WoodMac names five UK North Sea wells to watch for 2023, with potential play-openers included
Plays by Shell (LON: SHEL), TotalEnergies (LON: TTE) and Ithaca Energy (LON: ITH) are listed amongst Wood Mackenzie’s UK North Sea wells to watch.
Lack of skilled workers threatens to derail UK’s energy transition, OEUK report warns
A tightening labour market and a lack of available workers threatens to derail the UK’s energy transition, a key industry study is warning.
Report: Eni exploring £5bn deal for North Sea firm Neptune Energy
Preliminary talks have kicked off with an oil and gas supermajor on a deal for North Sea producer Neptune Energy, according to reports.
Norway to stand down military at onshore oil and gas assets
Norwegian armed forces are to stop guarding onshore oil and gas assets, with the threat of an attack now diminished.
The Magnificent Seven: North Sea project paperwork still awaiting govt sign off
A host of North Sea environmental statements (ES), lodged between April and August, are still to be rubber stamped, with some expected to receive sign off before the year is out.
Wood boss ready to build business on strong Aberdeen foundations
Aberdeen company Wood has unveiled a strategy “refresh” and boss Ken Gilmartin says the Granite City and wider north-east will be at the heart of it.
Shapps says he’s confident in UK gas supplies this winter
UK Energy Secretary Grant Shapps said he’s sure the UK will have enough natural gas this winter after favorable temperatures and increased storage capacity lowered the prospects of a shortage in coming months.
Boon for UK as Centrica hits gas storage target at Rough site
Westminster’s efforts to bolster energy security and guarantee supplies ahead of winter have been given a big shot in the arm.
First gas achieved from BP’s biggest facility offshore Trinidad and Tobago
London-listed supermajor BP (LON: BP) is toasting first gas from its biggest facility offshore Trinidad and Tobago.
Westwood Global appoints new hydrogen boss from WoodMac
Energy research and consultancy firm Westwood Global Energy Group has appointed a new director of hydrogen.
R&D spend relief increase a boost to UK’s energy transition, says expert
An innovation expert has welcomed a move to up the incentive for big business to spend on R&D, saying it could be a boon in the UK’s quest to be a leader in the energy transition.
SEE Monster: Old North Sea platform – turned art exhibit – being dismantled
Work is ongoing to pull apart a UK art exhibition, founded on a decommissioned North Sea gas platform.
A fifth of North Sea production accounts for half of basin emissions, S&P finds
Most of the oil and gas produced in the North Sea is well below the basin's average for emissions intensity, fresh research has found.
Green hydrogen firm ITM Power unveils new CEO
ITM Power (AIM: ITM), a manufacturer of electrolysers for the green hydrogen industry, has unveiled its new chief executive.
SSE sells minority stake in transmissions business to Canadian pension fund for £1.5bn
A 25% stake in SSE’s (LON: SSE) electricity transmission business has been snapped up by a Canadian pensions fund for over £1 billion.
Germany sets windfall tax at 90% for clean power generators
Germany has set out its plan to claw back 90% of the earnings from some clean power generators as the government seeks funding for its consumer aid package.
IOG to resume gas sales after production restart at troubled Saturn Banks project
Production has been restarted from IOG’s (AIM: IOG) Blythe and Elgood field, two-thirds of the wider Saturn Banks project.
Cnooc’s Golden Eagle field declining faster than anticipated
Production from Cnooc’s Golden Eagle is “lower than expected”, the result of “higher than anticipated rates of decline”.