Watch: Boris Johnson says UK has to keep North Sea oil and gas flowing
Boris Johnson said he wants to keep North Sea oil and gas flowing to help tackle the rising cost of living, and urged companies to boost investment.
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BP to review investment plans following windfall tax, Shell eyes relief
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Big Oil has reacted to the news that Chancellor Rishi Sunak has finally opted to plough ahead with a windfall tax on North Sea profits.
BP sends congratulations to the Queen as she marks Platinum Jubilee
Energy giant BP has sent congratulations to the Queen as she marks her Platinum Jubilee.
BP hires Shearwater for UK CCUS project
Shearwater Geoservices has landed a contract with BP for work for the East Coast CCUS cluster in the UK to scope out storage sites.
BP picks Petrofac for GTA offshore work
BP has chosen Petrofac to carry out work at the Greater Tortue Ahmeyim (GTA) LNG project as the service company scales up its African presence.
Fake BP and Shell billboards appear across Aberdeen ahead of oil conference
A series of fake adverts have appeared on billboards and bus stops across Aberdeen.
Latest Energy Sector News
Discovery of ‘significant non-compliance’ behind delay to Tolmount start-up
Government to fast track five North Sea oil and gas fields, including Cambo and Murlach
‘Huge victory for contractors’ as Kwarteng pledges to repeal IR35 tax rules
INEOS takes Final Investment Decision on Danish oil and gas field
Maersk Drilling lands £30 mill contract with Ineos
North Sea firm Longboat secures rig to spud exploration well
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Government to fast track five North Sea oil and gas fields, including Cambo and Murlach
A handful of North Sea oil and gas schemes have been included in a list of infrastructure projects the UK Government is aiming to fast track.
As demand surges Indonesia needs radical action and $200bn investment to revive upstream oil and gas
Unlike most governments in the economically developed Western world, Indonesia’s leaders are crying out for more upstream oil and gas investment. However, even as demand is projected to rise up to four times by 2050, Southeast Asia’s biggest economy is struggling to convince energy investors to come.
Prosafe lands extension worth $3.5m with BP for Seagull project
Prosafe (OLSO: PRS) has landed its first extension worth $3.5m (£3.1m) with BP to support development of the Seagull field in the UK North Sea.
Brothers die in fire at BP-Husky Toledo refinery
BP has confirmed the death of two of its staff during a fire at the BP-Husky Toledo refinery in Oregon, Ohio, on Tuesday evening.
Typhoon tears BP FPSO from Chinese dock
A typhoon has ripped a BP FPSO away from its moorings at a Chinese yard, throwing up another challenge to plans for LNG production off Senegal and Mauritania.
Residents voice climate concerns as ‘disgusting black smoke’ emanates from Foinaven FPSO
Residents in a small village less than a mile from where the Foinaven FPSO is laid up have expressed climate concerns as plumes of black smoke have been seen emanating from it.
Diamond Offshore drillship pictured riding the lightning
Diamond Offshore has shared a dramatic image of an intense lightning strike near one of its drillships in the Gulf of Mexico.
Energy industry pays tribute to Queen Elizabeth II
Figures from the energy industry have added their voice to mourners around the world following the death of the Queen.
North Sea decom firm hits out at Foinaven owners on Denmark decision
A North Sea decommissioning firm has thrown a rare piece of public criticism up the supply chain towards the owners of the Foinaven FPSO and oilfield.
Harbour Energy-led Andaman project in Indonesia to pump first gas in 2028
Harbour Energy is expected to start gas production from its Andaman II Block offshore Indonesia in 2028, according to a senior Indonesian government official.
Eni strikes deal to buy BP’s Algeria business
Eni (MIL:ENI) has agreed a deal to buy BP’s (LON:BP) local business in Algeria for an undisclosed price.
‘We would love to see Rosebank electrify the region’ says Equinor boss
Equinor is hoping its £8 billion Rosebank project can “trigger” wider electrification across the West of Shetland region.
Interview: Ex-BP boss Lord Browne calls for calm on North Sea protests
The former CEO of BP, who warned the industry of its impact on the climate 25 years ago, has said rising calls to cease new oil and gas in the North Sea should be tempered amid a need for homegrown supply.
Woodside-led venture, including BP, Shell, and Chevron, win Australia CCS permit
A Woodside-led (ASX:WDS) joint venture that includes BP (LON:BP), Shell (LON:SHEL), Chevron (NYSE:CVX), as well as Japan’s Mitsubishi and Mitsui, have been awarded greenhouse gas (GHG) permit G-10-AP in the northern Carnarvon basin offshore Western Australia, as they pursue a potential CCS project.
BP-owned STRYDE signs seven-figure deal with Polaris Natural Resources
UK-based seismic technology provider, STRYDE, has signed a contract with Polaris Natural Resources following its successful use of the STRYDE nodal system in Namibia and Zimbabwe.
Life after oil: How poet and former oil worker Sid Ozalid bounced back from a near fatal injury
An oil and gas worker and a poet – two things that aren’t usually associated with one another.
Harbour Energy sounds word of caution at Timpan discovery in Indonesia
UK-listed Harbour Energy (LON:HBR) has cautioned that “permeability was on the low side of expectations” at its play-opening deepwater Timpan-1 exploration well offshore Indonesia in the North Sumatra basin.
Analysis shows lucrative oil giants investing a fraction of profits in renewables
European oil giants are investing a small fraction of their mammoth returns in green energy initiatives, according to analysis.
“Nerve centre” arrives offshore Senegal for BP’s LNG project
The quarters and utilities (QU) facility has been delivered to the Greater Tortue Ahmeyim LNG project, offshore Senegal and Mauritania.
UK energy companies paying men 20% more than women, figures show
UK energy firms are paying men around 20.2% more than women on average, according to a new study of the sector's gender pay gap.
BP seeks FEED contractor for CCS project at Tangguh LNG
BP (LON:BP) has opened a pre-qualification tender for the provision of onshore front-end engineering and design (FEED) services for a carbon capture and storage (CCS) project at its Tangguh liquefied natural gas (LNG) complex in Indonesia.
The FPSO is away, but will the BP Foinaven field be redeveloped?
A permanent feature of the West of Shetland for many years, the Foinaven vessel recently left the namesake BP field for the last time.
bp JV poised to be largest solar player in Australia
Lightsource bp, a 50:50 joint venture between Lightsource and oil and gas major bp (LON:BP), is set to become the largest solar developer and owner in Australia, as it aims to reach financial close on its Wellington North and Wunghnu Solar Farms later this year.
Labour proposes extending windfall tax on oil and gas firms
Labour has proposed extending Britain’s windfall tax on oil and gas companies, saying the proceeds should be used to fund a total freeze on energy bills over the winter.
BP and Equinor low carbon projects among those shortlisted for govt funding
Westminster has unveiled the shortlisted bidders in ‘Phase 2’ of its carbon capture utilisation and storage (CCUS) cluster sequencing process.
