UK energy minister insists there’s been ‘no change’ in policy on new fields despite Jackdaw blow
The UK’s energy minister has moved to reassure the North Sea sector after Shell’s Jackdaw was dealt a significant blow.
North Sea
Work halted on flagship IOG project after ‘issue’ with oil rig leg
Work has been stopped at the flagship North Sea project of IOG after an “issue” was uncovered on the leg of an oil rig.
Harbour Energy wins CCS storage licence for V Net Zero
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 completes Evelyn development well
Tailwind Energy has completed a development well for the Evelyn field in the North Sea.
Orcadian to farm-out 30million barrel UK prospect to Carrick Resources
Orcadian Energy (LON: ORCA) has announced a deal to farm out the Carra prospect in the UK North Sea to Carrick Resources.
Taqa North Sea business falls to £700million loss amid Covid write-downs
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.
OGA prepared to get tough over energy transition
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.
Greenpeace loses court battle to block North Sea oilfield
Activist group Greenpeace has lost its court battle to block production from the Ithaca Energy and BP Vorlich oilfield in the North Sea.
Cambo oilfield: Not all barrels are created equal
You do not have to look far to find arguments that the UK is more polarised than it has been for decades.
Shell left ‘disappointed’ after UK regulator declines to approve Jackdaw plans
Shell’s Jackdaw project has been dealt a blow after the UK regulator declined to approve its field development plans.
Peterson ‘encouraged’ by activity boost for North Sea and beyond
Logistics firm Peterson has said it is “encouraged” with activity picking up and the business eyeing a return to profits in 2021.
Protestors blocking entrance to Cromarty Firth oil rig maintenance facility
Extinction Rebellion is blockading the main entrance to a rig maintenance facility at Port of Cromarty Firth's Invergordon base.
Well-Safe Solutions bags second decom contract in less than a month
Well-Safe Solutions has bagged a second decommissioning contract for the Well-Safe Guardian in less that a month.
Tackling ‘low confidence’ in North Sea methane monitoring
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 seeking £220m for partial stake in Laggan Tormore field: Report
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.
UK North Sea expecting flurry of contracts and tight supply of oil rigs in 2022
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 removes Shell’s Goldeneye platform after installing structure in 2003
Heerema's Thialf has removed Shell’s Goldeneye wellhead platform, almost 20 years after the semi-submersible crane vessel (SSCV) installed the structure.
NZTC initiative aiming to accelerate deployment of critical well P&A technologies
A new initiative aimed at accelerating the pace at which plug and abandonment (P&A) technology is qualified and commercialised has been launched.
Ithaca Energy picks COSL Drilling Europe for Abigail and phase two of Captain
COSL Drilling Europe has landed a deal with Ithaca Energy for work in the central North Sea.
Hurricane Energy shares drop 25% as Lancaster field approaches ‘bubble point’
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.
Another key role for North Sea veteran Ray Riddoch
North Sea oil and gas industry stalwart Ray Riddoch has joined the boardroom team at Sentinel Subsea as chairman.
Exploration and appraisal wells in the UK North Sea
Westwood Global Energy reports that as of 29 September there were two appraisal wells and two exploration wells active in the UK.
Wood lands Southern North Sea contract with Shell and NAM
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 decides to divest from fossil fuels
Aberdeen University, considered one of the UK’s top academic institutions for petroleum studies, has decided to divest from fossil fuels.
North Sea social license to operate ‘barely holding out’, says OGA boss
A senior oil and gas figure has warned the industry that its social license to operate is “barely holding out”.