Westminster’s hopes of spurring North Sea spend in the coming years could be derailed by one fundamental issue: a lack of available projects.
Neptune Energy has been pushed to review its offshore procedures after a release of toxic gas during drilling operations earlier this year.
A study by the Net Zero Technology Centre (NZTC) has found high capex costs remain a barrier to electrifying North Sea assets, but rising carbon taxes and net zero targets may yet spur development.
Today Neptune Energy announced it has begun an infill drilling campaign at its operated Cygnus gas field that has enough potential to unlock enough gas to heat an additional 200,000 UK homes per year from this winter.
Yesterday Neptune Energy shared its 2022 H1 results, announcing drilling had commenced on the tenth well on the Cygnus field and reporting pre-tax profits of £1.18 billion.
Neptune Energy announced today it has awarded a £10 million three-year vessel services contract to Sentinel Marine, to provide offshore support for its operated Cygnus gas field in the North Sea.
Kwasi Kwarteng is looking at relaxing gas quality rules for UK pipelines so North Sea supply can help beat the energy crisis.
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.
North Sea operator Neptune Energy almost quadrupled its quarterly takings year-on-year, driven by a resurgence in oil and gas.
Electrification efforts will prove “beyond all doubt” that the North Sea can produce oil and gas in a climate-compatible way, the regulator has claimed.
Neptune Energy has announced today it will spend more than $1 billion (£810 million) to help shore up the UK’s energy supplies.
Neptune Energy will double gas production from the Duva field in the Norwegian sector of the North Sea, as local authorities look to boost supplies to the UK and Europe.
The UK government has shared its long-delayed Energy Security Strategy, and it provides the signal North Sea investors needed. The UK Continental Shelf can once again be an attractive investment destination.
It’s not the regular rush hour commute for workers heading out to production platforms in the North Sea.
Spirit Energy will not carry its Pegasus West development forward to a final investment decision (FID), the operator has confirmed.
Neptune Energy has announced a series of contract awards to support its key southern North Sea gas field.
The oil and gas industry has an essential role in supporting the UK Government’s ambitious plans for the transition to net zero.
People are being encouraged to “spare a thought” for the thousands of offshore workers spending the holidays away from their families in order to keep the UK running.
Energy services giant Petrofac has secured a contract extension with Neptune Energy for work on the Cygnus field.
Neptune Energy has said it remains committed to the DelpHYnus project, a blue hydrogen and CCS scheme on England’s east coast, after missing out on UK Government selection.
Neptune Energy has been commended for its efforts to tackle the environmental impact of its operations.
Having resolved issues with partner Neptune Energy, Spirit Energy has handed in an environmental impact assessment (EIA) for proposed new drilling at the Pegasus West discovery.
Valaris has created a virtual tour of an oil rig operating in the Gulf of Mexico.
There are “hard truths” facing the future of the North Sea and the global oil and gas industry on the way to net zero, a key industry event has heard.
Neptune Energy has announced the start of its first ‘walk to work’ campaign at the Cygnus field in the North Sea.