The UK’s energy minister has moved to reassure the North Sea sector after Shell’s Jackdaw was dealt a significant blow.
Work has been stopped at the flagship North Sea project of IOG after an “issue” was uncovered on the leg of an oil rig.
The Oil and Gas Authority (OGA) has granted Harbour Energy (LON:HBR) a carbon capture and storage (CCS) licence for its V Net Zero project in the Humber.
Tailwind Energy has completed a development well for the Evelyn field in the North Sea.
Orcadian Energy (LON: ORCA) has announced a deal to farm out the Carra prospect in the UK North Sea to Carrick Resources.
The North Sea business of Taqa has slipped to pre-tax losses of £700million ($958m) as last year’s oil price plummet took a toll on the value of its assets.
The UK’s offshore oil and gas industry could come to an end within a decade on the current reserves/production trajectory, according to data recently published by regulator, the Oil and gas Authority.
Activist group Greenpeace has lost its court battle to block production from the Ithaca Energy and BP Vorlich oilfield in the North Sea.
You do not have to look far to find arguments that the UK is more polarised than it has been for decades.
Shell’s Jackdaw project has been dealt a blow after the UK regulator declined to approve its field development plans.
Logistics firm Peterson has said it is “encouraged” with activity picking up and the business eyeing a return to profits in 2021.
Extinction Rebellion is blockading the main entrance to a rig maintenance facility at Port of Cromarty Firth's Invergordon base.
Well-Safe Solutions has bagged a second decommissioning contract for the Well-Safe Guardian in less that a month.
Increasing pressure is being put on upstream operators to decarbonise their operations, from investors, the regulator and the wider public. But while North Sea energy companies are moving to cut emissions, they still have challenging assets on their hands.
TotalEnergies is seeking to sell part of its stake in the huge Laggan Tormore gas field in the west of Shetland, according to a news article.
The UK North Sea is likely heading for tighter supply of oil rigs as a flurry of deferred drilling contracts for next year come through, according to new analysis.
Heerema's Thialf has removed Shell’s Goldeneye wellhead platform, almost 20 years after the semi-submersible crane vessel (SSCV) installed the structure.
A new initiative aimed at accelerating the pace at which plug and abandonment (P&A) technology is qualified and commercialised has been launched.
COSL Drilling Europe has landed a deal with Ithaca Energy for work in the central North Sea.
Hurricane Energy (LON: HUR) shares have dropped by 25% after announcing it expects to reach the production “bubble point” at its flagship Lancaster field as early as the first quarter of next year.
North Sea oil and gas industry stalwart Ray Riddoch has joined the boardroom team at Sentinel Subsea as chairman.
Westwood Global Energy reports that as of 29 September there were two appraisal wells and two exploration wells active in the UK.
Wood (LON: WG) has been awarded a new operations and maintenance contract with Shell and Nederlandse Aardolie Maatschappij (NAM) in the Southern North Sea.
Aberdeen University, considered one of the UK’s top academic institutions for petroleum studies, has decided to divest from fossil fuels.
A senior oil and gas figure has warned the industry that its social license to operate is “barely holding out”.