Discovery of ‘significant non-compliance’ behind delay to Tolmount start-up
A detailed timeline of the events that delayed the start-up of Harbour Energy’s Tolmount gas field has been published.
Oil & Gas
Government to fast track five North Sea oil and gas fields, including Cambo and Murlach
A handful of North Sea oil and gas schemes have been included in a list of infrastructure projects the UK Government is aiming to fast track.
Energean bumps up Abu Qir output
Energean has started up a new well on its Abu Qir concession, in Egypt. Abuqir Petroleum, a joint venture of Egyptian General Petroleum Corp. (EGPC) and Energean, has completed a new sidetrack, the NA/Q-PII#6 ST.
‘Huge victory for contractors’ as Kwarteng pledges to repeal IR35 tax rules
The Chancellor has pledged to repeal controversial changes to off-payroll working laws in a bid to boost the labour market.
Vitol reaches debt deal with fire-ravaged Cameroon refiner
Cameroon has renegotiated its refinery debt with trader Vitol, bringing it into line with an agreement reached last year with domestic banks.
Decom Engineering appoints BG and Aker veteran as Aberdeen manager
A veteran of BG Group and Aker Solutions has been named as the new general manager of Decom Engineering in Aberdeen.
INEOS takes Final Investment Decision on Danish oil and gas field
INEOS and its partners in the Solsort Unit, Danoil and Nordsøfonden, have agreed on a Final Investment Decision regarding the development of the Solsort West field.
Campaigner backlash as Aberdeen Council told to earmark St Fittick’s Park for Energy Transition Zone
Campaigners working to maintain a treasured Aberdeen green space say they feel “physically sick” as industrial development is rubber-stamped.
Maersk Drilling lands £30 mill contract with Ineos
Danish drilling rig operator, Maersk Drilling has secured a four-well contract in Denmark worth £30 million with Ineos.
ADNOC and Taqa close $3.8bn project for oil and gas electrification
ADNOC and Taqa, respectively the national oil and energy companies of Abu Dhabi, have announced financial close on a $3.8bn project for electrification of offshore oil and gas assets in the UAE.
Chancellor Kwasi Kwarteng to go for ‘cycle of growth’ in UK mini budget
Kwasi Kwarteng will pledge to "turn the vicious cycle of stagnation into a virtuous cycle of growth" as he sets out the UK Government's mini-budget on Friday.
As demand surges Indonesia needs radical action and $200bn investment to revive upstream oil and gas
Unlike most governments in the economically developed Western world, Indonesia’s leaders are crying out for more upstream oil and gas investment. However, even as demand is projected to rise up to four times by 2050, Southeast Asia’s biggest economy is struggling to convince energy investors to come.
TechnipFMC announces ‘significant’ contract for Shell Jackdaw
TechnipFMC (NYSE: FTI) has announced a “significant” contract to support the Shell (LON:SHEL) Jackdaw development in the UK North Sea.
Turbulence at helicopter firm CHC amid management shakeup
An abrupt management shakeup at CHC has raised questions over turbulence at the North Sea helicopter operator.
North Sea firm Longboat secures rig to spud exploration well
Longboat Energy (LON: LBE) has struck a deal to secure a rig, opening the door for the spudding of a North Sea exploration well.
Jersey making ‘great progress’ in finding partner for GBA redevelopment
Jersey Oil and Gas is making “great progress” in its quest to find a partner for the Greater Buchan Area (GBA) redevelopment.
Prosafe lands extension worth $3.5m with BP for Seagull project
Prosafe (OLSO: PRS) has landed its first extension worth $3.5m (£3.1m) with BP to support development of the Seagull field in the UK North Sea.
Ethiopia tosses out Poly-GCL on lack of gas progress
Ethiopia has terminated the Poly-GCL licence given a lack of progress in developing the Calub and Hilala gas fields.
Namcor to swap licence stake for ReconAfrica equity
Reconnaissance Energy Africa has struck a definitive deal with Namcor to swap increase its ownership in the Kavango Basin licence.
Liz Truss risks Tory backlash over end to fracking ban
Liz Truss faces a political backlash after lifting England's fracking ban, with anger from Tory MPs and the threat that opposition parties will use the excuse to drum up support in key electoral battlegrounds.
Greenpeace readying lawyers to oppose new North Sea licences
Westminster has been accused by environmental groups of “abdicating all responsibility” for tackling climate change.
NSTA moving ‘at pace’ to launch offshore licensing round after climate compatibility checkpoint revealed
It has been confirmed the upcoming offshore licensing round will kick off “early next month” after ministers gave long-awaited clarity about the UK’s climate compatibility checkpoint.
Zenith makes Benin redevelopment offer
Zenith Energy has made an offer to take over Block 1 offshore Benin, which holds the Sèmè oilfield.
Court orders Santos to stop drilling at $3.6bn Barossa gas project
Santos has been ordered to stop drilling at its $3.6 billion Barossa gas project off northern Australia by a Federal Court following a successful challenge from an indigenous group against environmental approvals for drilling and completion activities.
i3 confirms spud of ‘company maker’ Serenity well
Drilling has now begun at the Serenity appraisal well in the central North Sea, after the Stena Don arrived on station earlier this week.