Securing an extension to the Cambo licenses affords Siccar Point Energy time to find the right partner to progress the project.
Recent commodity volatility has made front-page news. As economies around the world emerge from two years of restrictions, demand is rebounding quickly, with consensus suggesting that consumption will outpace pre-pandemic levels by the end of the year.
TotalEnergies has made a “significant” discovery at the Venus 1-X well, offshore Namibia.
Shell and Namcor have announced a light oil discovery at the Graff-1, offshore Namibia.
The estimates of recoverable barrels for the CNOOC Glengorm discovery have been downgraded by analysts after a disappointing appraisal campaign.
Activist investors have grabbed headlines in recent months with calls to break up major energy players – but will this help or hinder their energy transition efforts?
The decision by Shell not to invest in the Cambo project has been deemed a “huge blow” for the UK industry and the potential for emissions-busting technology in the West of Shetland.
Shell has kicked off drilling on the Jaws prospect in the UK North Sea, aiming to hook a prize of up to 30million barrels of oil.
The Maersk Voyager has set sail for the Venus site, offshore Namibia, where it will drill perhaps the most hotly anticipated well of the year in Africa for TotalEnergies.
AIM-listed Block Energy and an activist shareholder group have become embroiled in a knockdown fight over the future of the company.
Gneiss Energy (“Gneiss”) celebrates its five-year anniversary hot off the heels of announcing its 10th transaction of 2021, representing a productive start to 2021 for the advisory firm across all of its sector teams.
Investors are being increasingly influenced by environmental, social and governance (ESG) themes, but the “hunt for value” still takes centre stage.
The West of Shetland oil and gas (WoS) basin has long been held aloft as the UK’s last great hope for indigenous oil and gas production growth.
The number of public listed North Sea operators that could be a suitable fit for a reverse takeover have “diminished significantly”, according to an industry experty.
Energy Voice recently reported on Shetland Islands Council's ambitions to retain more tax revenue from oil and gas operations around the isles in its self-determination bid. Jon Fitzpatrick, managing director of consultancy Gneiss Energy, gives his view.
Amidst the oil price crash crisis and the pressure on companies, opportunities are emerging for those with resources.
The double threat of coronavirus and the price crash has forced oil companies around the world to rearrange plans and save money where possible, and Africa is set to feel the squeeze.
Preparations for the East African Crude Oil Pipeline (EACOP) have ground to a halt in Uganda following the termination of Tullow Oil’s farm-out talks.
A subsea consultancy has announced the creation of 10 new Aberdeen jobs after raising £500,000 from investors.