Hundreds of North Sea oil and gas discoveries could be abandoned as companies battle with uncertain headwinds.
Rig operator Valaris has unveiled a series of new contracts and extensions in the UK North Sea.
Partner Deltic Energy saw its share price rocket by 50% on the news.
Drilling of the fourth well in the Gannet E expansion project has been safely completed, on time and on budget.
As of 19 December, Westwood Global Energy reports that there are three exploration wells active, with one in the NNS, one in the CNS and one in the SNS. One appraisal well is currently active in the CNS. Since the previous report, one well has completed at Rockhopper.
Shell could be on to the first UK North Sea discovery this year with Orlov.
Perenco has secured an offshore rig ahead of a drilling campaign in the Southern North Sea.
Drilling operations have begun at an eagerly awaited gas prospect that could open up part of the Southern North Sea.
Extinction Rebellion has targeted a number of companies it sees as implicated in fossil fuel production, including service companies, financiers and a PR company.
As of 27 October, Westwood Global Energy reports that there are three exploration wells active, with one in the CNS and two in the NNS. One appraisal well is currently active in the CNS. One well completed at Serenity.
NEO Energy has become operator of the Isolde exploration target in the UK North Sea after striking a deal with Equinor.
Drilling at the ‘high impact’ Pensacola exploration target in the North Sea will kick off next month.
Capricorn Energy should abandon its proposed merger with NewMed Energy and opt instead to liquidate its assets, a shareholder has said.
Petrogas has revealed itself as the mystery buyer of stakes in a pair of North Sea assets owned by Cornerstone Resources.
There are still options on the table for i3 Energy on the Serenity field, although a more modest concept is now likely in the works as it faces a “heavy downgrade”.
Cornerstone Resources has farmed out a pair of North Sea exploration assets to an unnamed buyer.
i3 Energy (LON: I3E) has announced “disappointing” results for the hotly-anticipated appraisal of its Serenity discovery in the North Sea.
The long-awaited 33rd offshore oil and gas licensing round officially launches today.
Jersey Oil and Gas is making “great progress” in its quest to find a partner for the Greater Buchan Area (GBA) redevelopment.
Drilling operations on the North Eigg exploration well have been hit by delays, Serica Energy (LON: SQZ) has confirmed.