A North Sea firm is anticipated to splash out upwards of £100 million in the next couple of years in order to bring a pair of gas fields online.
Bacton Gas Terminal
Perenco has been issued with a notice to improve after Health and Safety Executive (HSE) inspectors found more than 400 overdue repairs orders, over 200 of which were safety and safety-critical items.
Production from IOG’s flagship North Sea project has been partially restored after issues with the two onshore compressors cropped up.
An energy transition boss at Petrofac (LON: PFC) has indicated the company would be keen to team up with others to progress a major decarbonisation project.
IOG has again been forced to shut in its key Saturn Banks assets, this time to address onshore compressor issues linked to condensate production.
Shell is preparing the sale of its stakes in key southern North Sea clusters, Reuters has reported.
Energy players sign up to drive project to create a low-carbon energy hub for London and the South East.
Deltic Energy believes it has “the next Cygnus” on its hands as it eyes a farm-out of a promising North Sea prospect in the coming months.
On the evening of Dec. 5, 2013, the U.K. east coast was battered by the worst storm surge in 60 years as the North Sea rose more than 2 meters (6.6 feet) above normal.