Hartshead Resources moves closer to field development plan for Anning and Somerville
Australian operator Hartshead Resources is moving closer to a field development plan for its Anning and Somerville development
E&P
UK ‘committing suicide economically’ over North Sea policies, Hunting CEO says
Hunting CEO Jim Johnson sees strong growth for the 150-year-old firm in South America and the Middle East, but his outlook is less positive for the UK.
Harbour bumps up Wintershall purchase completion to September
UK oil and gas company Harbour Energy (LON: HBR) expects to complete the acquisition of German firm Wintershall Dea’s asset portfolio in early September.
Orcadian no longer a ‘one-trick pony’ after licence agreement with NSTA
Orcadian Energy also said its viscous oil projects containing 'post-transition' hydrocarbons will be a good feedstock for lubricants and EV battery components.
Harbour Energy and Petrogas set to drill North Sea exploration wells
North Sea operators Harbour Energy and Petrogas are set to drill two exploration wells in the UK Continental Shelf in the coming months.
Hartshead Resources progressing North Sea projects despite windfall tax woes
Australian firm Hartshead Resources (ASX:HHR) is continuing work on its North Sea developments despite ongoing fiscal uncertainty surrounding the windfall tax.
Shell starts drilling at Deltic Energy Selene well
North Sea operator Shell has commenced drilling operations at the Selene prospect, Deltic Energy (AIM:DELT) announced today.
Windfall tax changes to ‘hasten demise’ of North Sea
North Sea observers decry "utter economic insanity" as UK government confirms windfall tax increase and extension to March 2030.
Deltic Energy to drill first North Sea exploration well in 2024
Shell has mobilised its Valaris 123 drilling unit to drill 2024’s first well at Deltic Energy’s (AIM:DELT) Selene prospect in in licence P2437.
Fynn licence opportunity for ‘significant value’ despite North Sea uncertainty
The Fynn Beauly prospect still has an opportunity to deliver "significant value" despite ongoing political uncertainty, according to North Sea operator Parkmead Group (LON:PMG).
Is the future of North Sea drilling in doubt after Supreme Court ruling?
Climate law experts say the Supreme Court's decision will likely "undermine investor confidence" in the North Sea and boost legal challenges to the Jackdaw and Rosebank developments.
Supreme Court overturns oil well approval in landmark downstream emissions case
The Supreme Court's decision in the Finch case could have implications for North Sea oil and gas firms including Shell and Equinor.
UK could beat oil output forecast by 30% if investment secured
The UK could be pumping almost 30% more oil and gas than currently projected at the end of the decade if about £20 billion of new investment can be secured, according to an industry group.
Equinor brings in new head of UK upstream
Equinor UK & Ireland senior vice-president Arne Gurnter will leave his current position for a new role within the company in September.
Former BP chief executive backs end to new North Sea licences
A former boss of BP has called for an end to new oil and gas licences in the North Sea in an apparent endorsement of Labour's election promise.
Viaro Energy in talks to buy Exxon, Shell North Sea assets
Independent energy producer Viaro Energy is reportedly nearing a deal to buy Shell and ExxonMobil’s jointly-owned gas fields in the southern North Sea.
Subsea7 to supply Serica Energy with Belinda pipeline
Serica Energy (AIM: SQZ) has awarded Subsea7 a “sizeable” contract to supply a pipeline for the company’s Belinda field development south-east of the Triton FPSO.
Orcadian Energy finds farm-in partner for North Sea Earlham discovery
Orcadian Energy (AIM:ORCA) has agreed a provisional farm-in deal with an undisclosed partner on a licence containing the Earlham discovery in the Southern North Sea (SNS).
SNP signals re-think to ban on future oil and gas exploration
Net Zero Secretary Mairi McAllan said the SNP will take a "more nuanced" approach than Labour who want to ban future exploration.
Serica Energy gets NSTA approval for £100m North Sea Belinda development
Independent operator Serica Energy (AIM: SQZ) has received final approval from the North Sea Transition Authority (NSTA) regulator for its £100 million Belinda development.
Cambo fate will be decided in months as Ithaca weighs tax uncertainty
A decision on whether the controversial Cambo field will be sanctioned or delayed is set to be decided in months as bosses weight the impact of North Sea tax policy.
Orcadian floats plan to link gas field to grid via offshore wind cable
We saw a really good opportunity to put together a completely different development plan for the Earlham discovery
Finder Energy plans to build out position near giant Buzzard field
Australian operator Finder Energy (ASX:FDR) has outlined its plans for two licences it received in the latest tranche of the 33rd licensing round.
North Sea operator Hartshead Resources shares in trading halt
Australia-listed North Sea operator Hartshead Resources (ASX:HHR) has been placed into a trading halt at the company's request, pending an announcement.
NSTA introduces oil and gas licensing clause for offshore wind overlap
The North Sea Transition Authority (NSTA) has introduced a new clause for oil and gas licences which overlap with offshore wind leases.