Buchan work slows with North Sea firms in ‘holding pattern’ over policy uncertainty
Uncertainty over UK government policy is causing North Sea firms to enter into a "holding pattern", according to BP.
Greater Buchan Area (GBA)
NEO Energy management ‘clear out’ earlier than expected, analyst
A string of senior business leaders will be leaving private equity-backed NEO Energy the firm announced on Tuesday.
NEO Energy to ‘slow down investment’ in light of government changes
NEO Energy, and its 100% owner HitecVision, have announced that they are slowing down investment activities due to UK fiscal and political instability.
Windfall tax changes to ‘hasten demise’ of North Sea
North Sea observers decry "utter economic insanity" as UK government confirms windfall tax increase and extension to March 2030.
Pictures: Western Isles FPSO arrives in Orkney
NEO Energy’s Western Isles FPSO has been spotted arriving at Orkney Harbour ahead of its work at the Greater Buchan Area redevelopment.
Buchan start date pushed back as general election called
Jersey Oil and Gas (LON:JOG), a partner in the Buchan project, has confirmed that first oil will now come in 2027 following the call for a UK general election.
Serica completes Greater Buchan Area farm-in
Serica Energy (LON:SQZ) has completed its acquisition of a 30% non-operated interest in the Greater Buchan Area (GBA) redevelopment from Jersey Oil and Gas (LON:JOG).
Buchan: NEO hits milestone on UK’s third-largest upcoming oil and gas project
Operator NEO Energy submits environmental statement for Buchan redevelopment in Moray Firth.
‘Pivotal’ work on Western Isles FPSO is happy landing for Apollo
The Aberdeen firm has won a multi-million-pound North Sea deal from Neo Energy.
Serica Energy acquires 30% interest in Greater Buchan Area from Jersey Oil and Gas
Serica Energy (LON: SQZ) has announced it will acquire a 30% non-operated interest in the North Sea's Greater Buchan Area development from Jersey Oil and Gas (JOG).
Jersey, NEO begin FEED work for Buchan redevelopment
Progress on engineering plans for the redevelopment of the Greater Buchan Area (GBA) are gathering pace following selection of an FPSO.
NEO and Jersey pick FPSO for $900m Buchan North Sea redevelopment
NEO Energy has selected an FPSO for the Greater Buchan Area oil redevelopment in the North Sea.
NEO Energy new Buchan field operator after farm-in deal with Jersey completes
Jersey Oil and Gas (LON: JOG) has completed its Great Buchan Area farm-out deal with NEO Energy, the company confirmed on Thursday.
Jersey Oil close to Buchan farm-out deal with North Sea ‘heavyweight’
Jersey Oil & Gas says it’s now close to a final farm-out deal for the Greater Buchan Area (GBA) after years of negotiations and delays.
Jersey Oil and Gas expects to find Buchan partner by Q1 2023
Jersey Oil and Gas (LON:JOG) expects to conclude farm-out talks on its flagship Buchan field by Q1 2023, "if not by the end of the year".
Jersey making ‘great progress’ in finding partner for GBA redevelopment
Jersey Oil and Gas is making “great progress” in its quest to find a partner for the Greater Buchan Area (GBA) redevelopment.
Updated: Jersey in talks with ‘multiple, serious counterparties’ on GBA farm-out
Talks are ongoing with “multiple, serious counterparties” as Jersey Oil and Gas tries to find a partner for its Greater Buchan Area (GBA).
Former Ithaca Energy CEO becomes chairman of Jersey Oil and Gas
Jersey Oil and Gas (JOG) has announced changes at its top table as the company reaches a “pivotal” stage in its growth.
Central North Sea electrification plans ‘building momentum’ says Jersey
Jersey Oil and Gas has said area plans to electrify central North Sea platforms are "building momentum".
Jersey Oil and Gas eyes GBA farm-out later this year despite Covid-19
Jersey Oil and Gas has said it plans to launch a farm-out process later this year for its Greater Buchan Area in the North Sea, despite the Covid-19 and oil price crises.