Appetite for investment: Equinor boss says Suncor deal shows โcommitment to the UKโ
Concerns around the windfall tax may see some companies look beyond the UK for M&A deals โ but not Norwayโs Equinor (OSLO: EQNR).
Concerns around the windfall tax may see some companies look beyond the UK for M&A deals โ but not Norwayโs Equinor (OSLO: EQNR).
The Snohvit Future project consists of two developments, and will cut emissions and extend the life of the namesake gas field.
Concerns have been raised about the unintended consequences of the UK Governmentโs subsidy for electrifying oil and gas platforms.
Investment decisions could be on the way for Perth, Bentley and Bressay in the North Sea, alongside West of Shetland giants.
Ping Petroleum is pressing ahead with plans to develop the Avalon field in the UK North Sea, hailed by bosses as a โpioneering schemeโ to slash production emissions from oil and gas.
Equinor has been pushed for answers on the emissions profile of its ยฃ8bn Rosebank project planned for the West of Shetland.
BP (LON: BP), Ithaca Energy (LON: ITH) and Equinor (OSLO: EQNR) will see the valuations of their West of Shetland oilfields increase by half a billion dollars after electrification, according to analysis.
Hydrogen will not have a major role in the future of heating homes across the UK, according to a new review of more than two dozen independent studies.
Scottish firms Mocean Energy and Verlume have announced an agreement with oilfield services giant Baker Hughes on subsea wave power.
Equinor is hoping its ยฃ8 billion Rosebank project can โtriggerโ wider electrification across the West of Shetland region.
Oil and gas accounts for 25% of CO2 emissions from Norway. Quite simply, if the industry doesnโt step up then the country cannot meet its climate targets.
A pioneering offshore wind firm has unveiled details of its multi-billion pound INTOG plans; aimed at decarbonising โevery platformโ sitting in Scottish waters of the North Sea.
Oil majors Shell, BP, TotalEnergies and independent Harbour Energy are nearing a concept selection for electrification of several North Sea platforms.
EnQuest has said its Kraken FPSO is โalmost impossible to electrifyโ and is looking at creative alternatives to decarbonise the asset.
Electrification efforts will prove โbeyond all doubtโ that the North Sea can produce oil and gas in a climate-compatible way, the regulator has claimed.
Offshore Energies UK (OEUK) will host key operators and the North Sea Transition Authority (NSTA) at an upcoming event examining how the North Sea can reduce emissions through the electrification of offshore platforms.
Work for a trio of giant floating wind projects off the coast of Scotland have gone to the UAE fabricator Lamprell, sparking outcry.
April Foolsโ Day is nearly here but jokes and pranks will be far from peopleโs minds.
Shell has unveiled new plans in a bid to get its rejected Jackdaw gas field in the North Sea back on track.
Shell has said it is working with Siccar Point Energy and the UK Government to โmap out the next stepsโ on the Cambo project.
Neptune Energy has announced it aims to store more carbon than it emits from its operations and the products it sells by 2030.
A ScotWind-style auction will be launched this year for offshore wind projects to power oil and gas platforms in the North Sea.
โA really opportune momentโ beckons for Serica Energy, according to chief executive Mitch Flegg, with gas prices strong, new production online and, since the turn of the year, reaching a major milestone for its North Sea business.
โMore energy and less emissionsโ is how TotalEnergiesโ North Sea boss summarises the companyโs strategy for the coming years. And that, broadly speaking, is reflected across the plans of others too.
ADNOC has unveiled a ยฃ2.7billion development for electrification of giant offshore oil and gas fields off Abu Dhabi.