A dozen key projects in the North Sea will deliver a “golden opportunity” for the UK supply chain in the coming years, according to new research.
West of Shetland
Calls are being made for the UK Government to disclose information about the “environmental harm” of a contentious North Sea oilfield.
Altera Infrastructure has launched an employment drive as it prepares for the redeployment of the Knarr FPSO.
Hurricane Energy’s (LON: HUR) top brass are to remain in charge after being given a stay of execution by the company’s top backer.
French oil major TotalEnergies (PAR: TTE) has named a new managing director for its UK North Sea business.
Its more than a year since Shell (LON: SHEL) said it wouldn't invest in the Cambo oilfield, but as the project approaches a green light, the firm is weighing whether to stick or sell up its stake.
Aker Solutions (OSLO: AKSO) and Dubai’s Drydocks International have won a deal worth up to £330.5m to upgrade the FPSO for the Equinor Rosebank oilfield.
Labour has urged the new UK business secretary to shut down the Rosebank oilfield before it begins production.
Investment decisions could be on the way for Perth, Bentley and Bressay in the North Sea, alongside West of Shetland giants.
Tony Buckingham, who started his career as a North Sea diver, has had a colourful career.
Hurricane Energy described the move from Crystal Amber Fund as "simply mystifying" as the firm is getting "excellent traction" on its sales process.
The UK Upstream boss at Shell talks West of Shetland potential, investment and finding the right portfolio fit.
Equinor has been pushed for answers on the emissions profile of its £8bn Rosebank project planned for the West of Shetland.
BP (LON: BP), Ithaca Energy (LON: ITH) and Equinor (OSLO: EQNR) will see the valuations of their West of Shetland oilfields increase by half a billion dollars after electrification, according to analysis.
Norway’s Equinor said it is “still working hard” on sanctioning the Rosebank oilfield in the first quarter of next year – despite the latest windfall tax “uncertainty”.
Hurricane Energy (LON: HUR) has said it has received expressions of interest from “multiple” parties in its process to sell the business.
Ithaca Energy (LON: ITH) has hinted at contracts on the horizon for the Cambo oilfield, with “line of sight” to sanctioning the project next year.
The looming threat of changes to the UK windfall tax is the “biggest question” hanging over development of the huge Cambo and Rosebank oilfields.
A top boss at Ithaca Energy (LON: ITH) hopes the company's initial public offering (IPO) in London will mark a “turning point” for investment in the North Sea.
An activist from the ‘Stop Rosebank’ group confronted Nicola Sturgeon during COP27 on Tuesday.
Environmental protestors have targeted companies and groups connected to Norwegian energy giant Equinor’s (OSLO: EQNR) Rosebank project.
Ithaca Energy, one of the North Sea's largest producers, could command a market valuation of up to £3.1 billion when it trades publicly next week.
UK-listed Hurricane Energy (LON: HUR) has launched a competitive sales process for its business.