‘Diminishing hopper’ of big North Sea projects a leash on firms’ ability to offset tax hike
Westminster’s hopes of spurring North Sea spend in the coming years could be derailed by one fundamental issue: a lack of available projects.
Culzean
The Not-So-Dirty Dozen: Key North Sea hubs still producing in 2032
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.
‘More energy, less emissions’: TotalEnergies, Harbour and Serica Energy bosses on North Sea future
“More energy and less emissions” is how TotalEnergies’ North Sea boss summarises the company’s strategy for the coming years. And that, broadly speaking, is reflected across the plans of others too.
Last minute bid by Ponticelli and Semco Maritime to avert North Sea strikes fails
An eleventh hour bid to avert huge North Sea strikes has failed after workers rejected an updated offer.
JX Nippon preparing sale of UK North Sea fields for $1.5billion
JX Nippon Exploration and Production Ltd. is preparing the sale of its oil and gas fields in the UK North Sea, according to people with knowledge of the matter.
Hope for Glengorm discovery remains despite initial appraisal setback, analyst says
The Glengorm gas discovery, hailed as the biggest in the UK North Sea for more than a decade, could still turn out to be a major find despite suffering a setback, an analyst has said.
Total exploring using wind turbines to power Culzean field
Total is exploring the possibility of using renewable energy sources to power two of its North Sea gas fields.
Aramark wins five-year contract for Total North Sea assets
Catering firm Aramark has landed a five-year contract award with Total across several of its UK North Sea assets.
Updated: CNOOC postpones Buzzard Phase 2 project to extend life of North Sea mega-field
CNOOC has confirmed the deferral of Buzzard Phase 2, a major project to extend the life of one of the North Sea’s largest-producing oil fields.
Global network paying off for LOC as group eyes expansion
Global marine and engineering consultancy LOC Group is looking to boost its north-east headcount in an effort to meet demand and secure new opportunities.
Total maintains dividend despite net losses of £6.5bn, celebrates major oil discovery off Suriname
French energy giant Total this morning announced first-half net losses of £6.5 billion, but provided some cheer by maintaining its dividend and celebrating a major discovery off Suriname.
Total barely stays in profit amid ‘economic and oil crisis’, sets 2050 net zero target
Total barely managed to stay in profit for the start of 2020 as oil prices took a nosedive due to the Covid-19 outbreak.
Flights resumed to Total’s Culzean field after suspected coronavirus patient taken to shore
Flights have been resumed to one of the UK’s largest gas fields after a worker suspected to have coronavirus was taken to shore.
Flights suspended to Total’s Culzean field amid suspected coronavirus case on Maersk rig
Flights have been temporarily suspended to one of the UK’s largest offshore gas fields after a suspected coronavirus case at an adjacent drilling rig.
Total, Cnooc go with Babcock for North Sea flights
Babcock Offshore said today that it had won two new contracts for helicopter crew change operations out of its Aberdeen base.
Lower oil price offsets ‘good performance’ for BP in second quarter
Lower oil prices offset an otherwise good performance for BP in the first half of the year, while major projects such as Culzean in the North Sea came online.
Total to sell another £4billion of assets following North Sea deal
French energy giant Total has announced plans to sell another £4billion of assets, mainly from oil and gas, in this financial year.
Total to remain among UK’s major players despite £500m asset sale
Total will remain one of the major players in the UK North Sea despite the proposed sale of a package of assets to Petrogas in a £509m deal.
Total still hungry for exploration in central North Sea stronghold
Total’s UK boss said the French major would keep searching for new discoveries in and around its central North Sea (CNS) stronghold.
Updated: Total celebrates first gas from huge North Sea field
A huge North Sea field capable of covering 5% of UK gas demand has come on stream following investment of around £3.5 billion.
North Sea just keeps on delivering for Total
The North Sea is the gift that keeps on giving for Total, an analyst has said.
First gas from Culzean in ‘a few days’ says Total
First production from one of the UK’s largest gas fields is due in “a few days’ time”, according to the North Sea boss of Total.
Total ‘weeks away’ from start-up of one of UK’s largest gas fields
Energy giant Total has said it is just weeks away from starting up production at one of the UK’s largest offshore gas fields.
BP to keep looking for opportunities in North Sea ‘backyard’
A boss at supermajor BP has challenged the view that suppliers are due an increase in rates.
Big projects drive ‘renewed growth’ for North Sea – Rystad
A cycle of “renewed growth” has been forecasted for the North Sea as new projects drive up production levels.