Climate campaigners have questioned the decision to green light a North Sea oil and gas field that they claim will provide “little to no benefit” to the UK.
Odfjell Drilling (OSLO: ODL) plans to split itself into two companies which would see the creation of a dedicated technology spinoff.
Westwood Global Energy reports that as of 24 January there were two exploration wells active in the UK.
Neptune Energy has confirmed a marked increase in production from its operated Gjoa platform.
BP and Rosneft were the only companies to deliver more than a billion net barrels of oil equivalent through exploration last year, according to new research.
Hurricane Energy (LSE: HUR) says no production issues have arisen at Lancaster despite it falling below the ‘bubble point’ last month.
The estimates of recoverable barrels for the CNOOC Glengorm discovery have been downgraded by analysts after a disappointing appraisal campaign.
A concern over “rig stability” has forced IOG to halt drilling on its Southwark project in the North Sea.
North Sea operator IOG is to spud the Southwark development well in the “coming days” after missing its previous target.
The Europe chief executive of Harbour Energy has told investors that the Dunnottar exploration project is a “a well to watch”.
Offshore procurement specialist Craig International, of Aberdeen, is to deliver two new contracts worth a total of more than £5 million through its fledgling Ecobuy service.
Bosses at oilfield services firm Tendeka are toasting new international contracts worth more than £22 million for work over the next three years.
The Cambo furore comes at a time when the UK faces tough decisions about how to meet its energy needs and attract investment whilst burnishing its environmental credentials ahead of COP26 in Glasgow in November.
Energy giant Shell has announced it is moving out of its current North Sea base in Tullos, Aberdeen, and into the Silver Fin building in the city centre.
Spirit Energy has found more gas at Grove, "significantly" extending the life of the southern North Sea field.
Harbour Energy has picked a Maersk Drilling rig for a trio of development wells on the Catcher area of the UK North Sea.
London-listed minnow Baron Oil has struck a deal to increase its stake in what it describes as one of the UK North Sea’s few remaining sizeable undrilled targets.
A stalwart of the North Sea oil and gas industry has reflected on the time its career prospects were "relatively unknown" as he prepares for retirement.
Westwood Global Energy reports that as of June 28 there were two appraisal wells active in the UK. Completions to date in 2021 are one appraisal well at 22/26d-3 Glengorm South and two exploration wells at 22/6c-B4Z Bacchus South and 16/2a-6 Tiger Lily.
Harbour Energy has warned that first gas from the Tolmount field in the UK southern North Sea will be delayed after equipment glitches were uncovered.
Shares in IOG dropped by more than 10% this morning after the firm warned recovery from its Elgood gas field might not live up to expectations.
Energy transition topics will take centre-stage at the SPE Offshore Europe 2021 virtual conference taking place from September 7 to 10.
Westwood Global Energy reports that as of June 28 there was one exploration well and one appraisal well active in the UK. Completions to date in 2021 are one appraisal well at 22/26d-3 Glengorm South and one exploration well at 22/6c-B4Z Bacchus South.
Norwegian energy giant Equinor has become the first company to start drilling an exploration well on the UK Continental Shelf this year.
Westwood Global Energy reports that as of June 1 there was one appraisal well active in the UK.