The UK safety regulator has warned CNOOC over its inspection routines for process equipment on board the North Sea’s Buzzard platform.
A potential 150 million-barrel field has been uncovered next to the UK’s giant Buzzard project in the Central North Sea, it’s been claimed.
Trade union Unite is hailing a “significant” milestone after signing a recognition deal with a major North Sea operator.
The league table of the top 15 production hubs in the UK North Sea has seen a raft of changes in the last year.
Concerns around the windfall tax may see some companies look beyond the UK for M&A deals – but not Norway’s Equinor (OSLO: EQNR).
The backers of the Green Volt floating wind farm off Peterhead have submitted a key marine application ahead of a licensing award, as they look to deliver the project by the middle of the decade.
Further North Sea oil and gas players are being tipped to up sticks next year as companies look to streamline their portfolios.
One of the top bosses at China’s CNOOC has refused to rule out a sale of its North Sea assets amid mounting speculation on its UK portfolio.
Norway’s Equinor is reportedly considering the purchase of UK oil assets held by Chinese state-backed operator CNOOC International, according to a Norwegian newspaper.
Sval Energi has signed an agreement to acquire Suncor Energy’s Norwegian business, as the Canadian group looks also to sell off its UK assets amid a pull back from the North Sea.
The UK North Sea is expected to spend $750 million on emissions allowances this year, according to new research, with the price of carbon only set to surge.
There are several hubs around the North Sea which will still be producing in a decade’s time – but 12 of these will be “key” thanks to their production upsides and emissions intensity, according to new research.
A leading analyst says the North Sea “could do with another Buzzard” to offset production decline and plug the import gap.
Finder Energy has acquired further acreage around the CNOOC Buzzard field in the Central North Sea.
A one-eyed black cat who found his way onto an offshore installation has been returned home - five years after he went missing.
Fears about potential sanctions on Chinese Government assets are driving Cnooc’s departure from the North Sea, it has been reported.
The North Sea’s new class of operators could be poised to further strengthen their dominance in the basin with several major assets expected to hit the market.
Chinese oil giant Cnooc (TSX: CNU) is putting plans in place to pull out of the North Sea, according to reports.
CNOOC has invited early engagement on the lucrative EPC contract for its Buzzard, Scott and Golden Eagle assets in the North Sea.
CNOOC has hit a key milestone ahead of first production from phase 2 of the huge Buzzard oilfield in the North Sea.
CNOOC has teased plans to electrify its North Sea platforms through floating wind and “build a new energy business” in the UK.
Australia-headquartered Finder Energy has been awarded a new licence in the UK North Sea.
Cnooc is aiming to clear some of its project backlog after booking Prosafe's Safe Boreas accommodation vessel for the Buzzard field.