BP (LON: BP), Ithaca Energy (LON: ITH) and Equinor (OSLO: EQNR) will see the valuations of their West of Shetland oilfields increase by half a billion dollars after electrification, according to analysis.
Oil & Gas
Nigeria expects IOCs working in the deepwater to launch new projects, although the big ticket items face continued delays.
Equinor has submitted plans to press ahead with the £385m Verdande oilfield in Norway.
Aberdeen South MP Stephen Flynn was yesterday crowned as the SNP’s Westminster leader and has been tipped to take a ‘constituency interest’ in energy matters, particularly when it comes to policy affecting the future of the North Sea.
Oil bunkering in Nigeria is a more attractive industry than piracy, for now, but this may change in late 2023.
There’s no doubt that actor Martin Compston has a soft spot for the Granite City.
The Net Zero Technology Centre (NZTC) has announced the appointment of former Scottish Government director-general for economy Liz Ditchburn to its board.
‘Various options’ are on the table as the partners behind the ‘disappointing’ Serenity field try to garner some value from the project.
UK oil and gas producers are lobbying for a price floor to be introduced to combat the negative impacts of the latest windfall tax, according to reports.
Subsea controls specialist J+S Subsea Limited has marked its second anniversary with the announcement of a suite of multi-million pound contract wins and five new hires in the latter half of 2022.
Doing away with hated shift patterns has been mooted as one way to help alleviate North Sea worker shortages.
As “another extraordinary year” in the energy sector comes to an end, outgoing chief executive of Offshore Energies UK (OEUK), Deirdre Michie, reflects on the last 12 months and her time at the helm of the trade body.
A £118,000 a year decom job is up for grabs at the North Sea industry regulator, the NSTA, after a reshuffle of its top team.
Oil fell for a fourth day as warnings from major US banks of a tough outlook for 2023 stoked concern over demand prospects and dented appetite for risk assets including commodities.
Mubadala Energy has agreed to sell three oilfields offshore Thailand to Valeura Energy. The Canadian company claims the acquisition will make it the largest independent operator of oil production in Thailand.
Private-equity backed Havfram Subsea has named its new managing director for the company’s UK operation.
Despite scepticism around the plan, countries along the proposed gas pipeline route from Nigeria to Morocco continue to sign up.
A bargaining agreement - covering Bilfinger UK's inspection teams working on Taqa’s North Sea assets – has been struck.
NewMed Energy has signed up with Morocco to explore an area in the disputed Western Sahara.
Libya’s National Oil Corp. (NOC) has called on international oil and gas companies to resume work as it aims to boost production.
Neptune Energy is to donate half-a-million-pounds to a charity appeal, aiming to help thousands of children living in poverty in London this winter.
Oil and gas firm EnQuest (LON: ENQ) has named a diamond and mining industry veteran as its new chairman.
Aberdeenshire-based Ashtead Technology (AIM: AT) has continued its acquisition spree, beefing up its mechanical solutions service offering.
Your 2023 North Sea forecast: Cambo, Rosebank to drive spend to 20 year high, but it’s ‘now or never’
When this edition of the Energy Voice supplement was published a year ago, the North Sea oil and gas industry was in the doldrums.