The Athena team has been involved in the discovery of more than 10 billion barrels in the North Sea and West Africa.
33rd licensing round
The UK Government plans to award North Sea oil and gas licences every year in new legislation being announced this week.
The UK's offshore regulator has published details of the companies which have secured licence offers as part of its latest North Sea Licensing Round.
Oil and gas sector representatives have welcomed the offer of dozens of new exploration licences across the North Sea as part of the 33rd Licensing Round.
Environmental campaign group Greenpeace has vowed to appeal after it lost a legal challenge against a new major UK oil and gas licensing round.
Orcadian Energy has completed a further share issue, raising funds to progress a proposed farm-out deal and pay off debts.
A “fundamental belief” that the UK should be developing its North Sea resources is the big driver behind Chris Cox’s new vehicle, Curium Resources.
With questions hanging over the future of North Sea licences, legal experts have floated potential solutions which could reassure firms over the safety of new investments.
SNP Westminster leader Stephen Flynn said the Tories “appear to have adopted an almost Donald Trump-like stance of ‘drill, baby, drill’.”
The licences are expected to be issued in September.
Labour has proposed a ‘national mission’ to boost clean energy, but failed to address uncertainty around the future of North Sea oil and gas.
Almost irrelevant of who wins what, the 33rd oil and gas licensing round will be scrutinised more closely than any that have gone before.
New data has highlighted the “standout” firms carrying out exploration in the UK North Sea in recent years.
More than 5,000 km2 of North Sea exploration acreage was surrendered today as deadlines for licences hit the industry.
A parliamentary committee has pressed the UK government to set a clear date for ending new oil and gas licensing rounds in a bid to show international climate leadership.
A coalition of campaign groups have vowed to mount three separate legal challenges to the UK government in a bid to stop the award of new North Sea oil and gas licences.
The long-awaited 33rd offshore oil and gas licensing round officially launches today.
A secure supply of energy is something we used to take for granted. Now it’s different.
Appetite exists for new oil and gas exploration west of Shetland but vital infrastructure will be needed to make good on the region’s potential resources, according to Offshore Energies UK (OEUK).
NSTA moving ‘at pace’ to launch offshore licensing round after climate compatibility checkpoint revealed
It has been confirmed the upcoming offshore licensing round will kick off “early next month” after ministers gave long-awaited clarity about the UK’s climate compatibility checkpoint.