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.
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.
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).
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.
The Supreme Court's decision in the Finch case could have implications for North Sea oil and gas firms including Shell and Equinor.
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 UK & Ireland senior vice-president Arne Gurnter will leave his current position for a new role within the company in September.
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.
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.
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 (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).
Net Zero Secretary Mairi McAllan said the SNP will take a "more nuanced" approach than Labour who want to ban future exploration.
Independent operator Serica Energy (AIM: SQZ) has received final approval from the North Sea Transition Authority (NSTA) regulator for its £100 million Belinda development.
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.
We saw a really good opportunity to put together a completely different development plan for the Earlham discovery
Australian operator Finder Energy (ASX:FDR) has outlined its plans for two licences it received in the latest tranche of the 33rd licensing round.
Australia-listed North Sea operator Hartshead Resources (ASX:HHR) has been placed into a trading halt at the company's request, pending an announcement.
The North Sea Transition Authority (NSTA) has introduced a new clause for oil and gas licences which overlap with offshore wind leases.
A major new contract puts Apollo in charge of a big project in the Danish North Sea.
The third tranche of the 33rd offshore licensing round sees 19 companies awarded North Sea licences
The Ocean GreatWhite rig was working for BP in the West of Shetland when the incident took place
The North Sea Transition Authority (NSTA) has fined Perenco £225,000, the highest ever financial penalty handed out by the body, over excess gas venting.
Valaris (NYSE: VAL) has mobilised its 123 jack-up rig for work with Ithaca Energy, Shell and TAQA in the North Sea which could keep it busy for the next two years.
Europa Oil & Gas (AIM: EOG) has warned that its Serenity oil development in the Central North Sea could be hit by a new government changing its fiscal policy.
Hot off its Southern North Sea success with Shell, Deltic Energy (AIM: DELT) said it is progressing plans for a farm out deal on its “drill-ready” Syros prospect by the end of this year.
Orcadian Energy CEO also said first oil could be achieved at its Pilot development by 2028