Here is a quote from The Global CCS Institute “CCS is a proven and well understood technology”.
Westwood Global Energy reports that as of July 1 there was one exploration and appraisal well active in the UK.
Exploration and production firm Neo Energy, of Aberdeen, will replace one mergers and acquisitions (M&A) specialist with another at the top of its management ladder.
Aker Solutions will axe 44 offshore jobs after client Equinor shelved a UK North Sea project due to the oil price rout and Covid-19 outbreak.
The cost of delivering future North Sea floating wind farms could see prices slashed across the sector, according to new analysis.
Norway’s plan for a full-scale carbon capture and storage project could end up a financial disaster, according to a new report that includes an increased cost estimate for the venture.
One of the offshore oil and gas industry’s most significant business development events is going digital in July when OGUK launches the first of its series of Share Fair Spotlight webinars featuring the forward work plans of Spirit Energy next week.
Ambitious plans for a new Energy Hub have been unveiled with hopes for hundreds of jobs and to make giant oil and gas fields in the West of Shetland "net zero by 2030”.
Oil majors are “falling short” of global climate goals despite their updated emissions targets, according to a new report.
Equinor has awarded £150 million worth of work to TechnipFMC for three projects offshore Norway.
North Sea oil giants Shell and Total have joined a UK floating offshore wind consortium created to drive forward the technology.
BP-scale job cuts of 15% worldwide is a “good ballpark” estimate for every oil major, according to consultancy Rystad Energy.
New research has named ExxonMobil as the least "resilient" supermajor to weather the current oil downturn.
Norway has been talking for years about weaning itself off oil, but the Covid-19 crisis has revealed how far it has left to go.
An expected £8billion offshore wind boom promises the Highlands a “once-in-a-generation opportunity that could transform the region,” it was predicted yesterday.
Energy giant Equinor is to move forward with plans to "partially electrify" a field in the Norwegian section of the North Sea.
Artificial intelligence-based software being developed in Aberdeen is said to have the potential to unlock “significant value” from the UK North Sea.
Investments in solar and wind energy projects by the world’s oil majors over the next five years are expected to reach $17.5 billion, a Rystad Energy analysis finds.
The chief executives of 12 major oil and gas firms have written an open letter saying the Covid-19 pandemic won't delay climate action but has instead "sharpened" the focus on it.
Innovation will be increasingly important to companies trying to do deals in the North Sea once prices start to rebound, CMS’ managing partner in Aberdeen, Norman Wisely, has said.
Jersey Oil and Gas has wrapped up the acquisition of a 70% stake in the UK North Sea licence containing the Verbier discovery from Equinor.
Oil majors Equinor, Shell and Total have committed to investing in a carbon capture and storage (CCS) project in Norway.
Energy giants Equinor and SSE Renewables have selected the Port of Tyne as their operations and maintenance (O&M) base for the construction of the world's largest wind farm.
A Dutch shareholder activist has accused some oil and gas majors of talking the talk but not walking the walk on shifting to cleaner investments.
Norway’s Equinor saw its profits slide by 98% - a drop of £3.8billion – year-on-year as the Covid-19 pandemic and oil price crash took effect.