The policy brains behind the UK’s carbon capture, utilisation and storage (CCUS) clusters have hailed progress towards ambitions to make Great Britain a world leader in the technology despite deep concerns about delays in the projects.
North Sea operators Harbour Energy and Petrogas are set to drill two exploration wells in the UK Continental Shelf in the coming months.
Harbour Energy (LON: HBR) has revealed earnings of $1.2 billion in the first half of 2024 as it progresses with its Wintershall Dea acquisition takeover.
The Scottish government has announced £2 million in funding for the Acorn carbon capture and storage (CCS) project centred on the St Fergus gas terminal.
Alan Bruce, former CEO of Ithaca Energy, has joined Harbour Energy’s executive leadership team heading up its technical functions globally.
Independent North Sea operator Harbour Energy said its planned takeover of German rival Wintershall Dea is "on track" for completion in the fourth quarter of this year.
Wintershall Dea’s outgoing chief executive, Mario Mehren has spoken out about looming job cuts coming from Harbour Energy's takeover.
Following government approval of Harbour Energy’s $11.2bn takeover of Wintershall Dea, the German energy firm looks to appoint a new chairman.
Saudi Aramco ditched around one third of its jackups this week in a sign that the oil-rich state is demonstration of a move away from some of its grandiose visions. The market remains tight, with South East Asia likely to provide a home for spare capacity. Whether the North Sea, beset by windfall tax woes, can secure some of these newly idle jackups remains to be seen.
New research has cast light on the top companies commanding the majority of the UK's North Sea production and spending.
Harbour Energy's chief medical officer has put cigarettes in his sights but others warn a ban could harm the industry.
News that the UK's largest producer of oil and gas is considering new rules on smoking offshore, Energy Voice readers have shared their opinions.
The controversial topic of a smoking ban crops up regularly, however, for Harbour Energy's chief medical officer it's only a matter of time.
The CEO of Harbour Energy (LON: HBR), the UK’s largest oil and gas producer, earned an overall pay package of £2.4m last year, new figures have revealed.
There’s been a raft of relegations and promotions in the last year for the league table of the top 15 production hubs in the UK North Sea.
Subsea works will get underway at Talbot within weeks, as Harbour tips first oil from the field in September.
Harbour Energy executives remain confident the company's planned takeover of Wintershall Dea will get approval from German authorities.
However, the firm still managed to return hundreds of millions to shareholders.
Drax is to explore a tie-up with the developers of the Viking carbon capture and storage (CCS) project which could see an additional route for sequestering biomass emissions.
Wintershall Dea saw profits fall while production remained steady, in a year of ‘macroeconomic headwinds’.
There are several “deals to watch” in the UK North Sea in 2024 as a general election looms and companies reshuffle their positions.
Valaris has revealed a number of contracts in UK waters in its latest fleet status report as it boasts a $3.9 billion backlog.
A concession will likely need to be made to get the $11.2bn asset deal through, says Munich-based expert
The developers behind the Viking carbon capture and storage (CCS) project have awarded a front end engineering and design (FEED) contract to French firm Technip Energies.
Harbour will emerge with “stronger credit, we expect to reach investment grade credit on completion, which will give us access to lower-cost capital for future growth”.