Dozen upcoming North Sea projects to deliver ‘golden opportunity’
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 for govt to publish Equinor response to regulator Rosebank concerns
Calls are being made for the UK Government to disclose information about the “environmental harm” of a contentious North Sea oilfield.
Altera hiring workers to revamp Knarr FPSO for Rosebank
Altera Infrastructure has launched an employment drive as it prepares for the redeployment of the Knarr FPSO.
Hurricane board to stay on after activist investor backs off
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.
TotalEnergies unveils new North Sea boss
French oil major TotalEnergies (PAR: TTE) has named a new managing director for its UK North Sea business.
Cambo: A year since Shell decided not to invest
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 and Drydocks win major deal to upgrade Rosebank FPSO
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 turns up the heat on Rosebank oilfield
Labour has urged the new UK business secretary to shut down the Rosebank oilfield before it begins production.
FIDs predicted in 2023 for large untapped UK oil and gas fields
Investment decisions could be on the way for Perth, Bentley and Bressay in the North Sea, alongside West of Shetland giants.
Tony Buckingham: The ex-mercenary oil baron nominated for Hurricane Energy board
Tony Buckingham, who started his career as a North Sea diver, has had a colourful career.
Hurricane Energy: Largest shareholder moves to oust management team
Hurricane Energy described the move from Crystal Amber Fund as "simply mystifying" as the firm is getting "excellent traction" on its sales process.
Shell eyes Clair South and West of Shetland potential with BP
The UK Upstream boss at Shell talks West of Shetland potential, investment and finding the right portfolio fit.
‘Please clarify’: Regulator questions Equinor over £8bn Rosebank oilfield emissions
Equinor has been pushed for answers on the emissions profile of its £8bn Rosebank project planned for the West of Shetland.
West of Shetland oilfields due for $500m value bump from electrification
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.
BP, Equinor and Ithaca Energy team up on West of Shetland electrification
BP (LON: BP), Ithaca Energy (LON: ITH) and Equinor (OSLO: EQNR) are teaming up to slash emissions at huge oilfields in the West of Shetland through electrification.
Petrofac strikes to take place on BP North Sea assets
Dozens of Petrofac (LON: PFC) workers on BP (LON: BP) assets in the North Sea and West of Shetland are to take part in strikes in a dispute over offshore shift rotas.
Equinor ‘still working hard’ on sanctioning Rosebank oilfield despite windfall tax
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”.
‘Multiple’ interested parties in Hurricane Energy sale
Hurricane Energy (LON: HUR) has said it has received expressions of interest from “multiple” parties in its process to sell the business.
Ithaca boss hints at Cambo contracts on the horizon
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.
Windfall tax is ‘biggest question mark’ over Cambo and Rosebank oil fields, says Ithaca
The looming threat of changes to the UK windfall tax is the “biggest question” hanging over development of the huge Cambo and Rosebank oilfields.
Ithaca Energy hopes IPO will be North Sea investment ‘turning point’
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.
Stop Rosebank campaigner confronts Sturgeon at COP27
An activist from the ‘Stop Rosebank’ group confronted Nicola Sturgeon during COP27 on Tuesday.
Protestors use ‘oily roses’ to oppose Rosebank development
Environmental protestors have targeted companies and groups connected to Norwegian energy giant Equinor’s (OSLO: EQNR) Rosebank project.
Ithaca Energy eyes valuation of up to £3.1 billion
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.
Hurricane Energy launches sales process after ‘unsolicited offer’
UK-listed Hurricane Energy (LON: HUR) has launched a competitive sales process for its business.