CNOOC is looking for buyers for its Scott platform and associated oilfields in the UK North Sea, according to Reuters.
Premier Oil is seeking another price cut for the North Sea assets it is buying from BP, according to a news report.
Positioning the UK North Sea for a net zero future will cost more than £430billion, according to a new report from the Oil and Gas Technology Centre (OGTC) and consultancy Wood Mackenzie.
Premier Oil and Chrysaor have held preliminary talks about a potential deal that would bring together two of the largest UK oil and gas producers, according to people with knowledge of the matter.
This has been a year of great challenge, not just in our industry but also across the UK and globally.
Bosses behind a north-east, emissions-busting project said carbon capture represented a “tremendous opportunity” for oil and gas skills to be transferred over to clean-energy.
Chrysaor, the UK’s largest offshore oil and gas producer, is mulling plans for electrification of its North Sea platforms.
Chinese oil firm Cnooc’s Buzzard platform in the UK North Sea may have a role to play in a flagship carbon capture and storage (CCS) project, developers have said.
Transocean said in its latest fleet status report that Hurricane Energy had terminated its contract for the Paul B Loyd Jr drilling rig.
A “more diversified” Chrysaor could still be producing 200,000 barrels of oil a day in 2040, according to the firm’s North Sea boss.
EnergySys Limited, a leading oil and gas cloud-technology provider, is proud to celebrate its 20th anniversary.
A “marked increase” has been noted in the number of workers going out to North Sea platforms, according to industry chiefs.
Fife fabrication firm AJS Production has returned to work to complete a 30-tonne wave machine which will take to the seas this year.
Chrysaor, the North Sea's largest net producer, has cut spending plans by 30% in response to the Covid-19 pandemic, bringing delays to growth projects.
Weak gas prices saw profits slip at Chrysaor last year, who recently became the largest net producer in the UK North Sea.
A “massive move” is underway to embrace the carbon capture, usage and storage (CCUS) sector by North Sea supply chain firms, according to the boss of a new industry and government alliance.
A north-east carbon capture and hydrogen production project has reached key milestone with the appointment of a major contractor.
Chrysaor has hired a lab analyst and basin modelling firm to help scope out further exploration and production potential at its UK North Sea assets.
It is hard to know where to begin when describing the scale of the crisis gripping Big Oil.
The Oil and Gas Authority (OGA) has slammed “poor behaviour” in the North Sea supply chain, with firms facing demands to cut rates as much as 40% “overnight”.
An oil industry representative body has announced the formation of a North Sea recovery taskforce as “hard decisions” start to bear down over thousands of redundancies in the sector.
Burullus Gas has ended a contract for Transocean’s Deepwater India rig, which had been operating in Egypt.
Oil and gas firm Apache has taken a step forward in its mission to develop the Gair field in the northern North Sea.
Transocean has said it is “taking precautions” after two crew members tested positive for Covid-19 on one of its rigs offshore UK.
An Aberdeen-headquartered company has successfully dismissed a £37m legal challenge around a major North Sea pipeline system.