North Sea EPC spend to top £2.8bn in 2021, about £1.8bn still to come – Westwood Global
North Sea engineering, procurement and construction (EPC) contract awards are anticipated to total more than $4 billion (£2.8bn) in 2021.
Jackdaw
Why not Judy? UK regulator asks Shell for more detail on Jackdaw plans
UK regulators have told Shell to provide more detail on the thinking behind its Jackdaw field development plans.
Corallian fails to entice Shell with Jackdaw South
Corallian Energy attempted and failed to sell Shell and One-Dyas the “Jackdaw South” prospect ahead of the main development being sanctioned later this year.
Shell hits milestone ahead of sanctioning Covid-delayed Jackdaw
Shell has reached a key milestone for giving the greenlight to Jackdaw, a North Sea project which was delayed amid the Covid-19 pandemic.
Shell boss sees ‘room for spending’ on upstream projects in 2021
Shell’s boss said today that the recent “strong recovery” in oil prices meant the supermajor would have “room to spend” cash on upstream projects, including in the North Sea.
How to be seen to be green, without just a lick of paint
The global focus and dependency on fossil fuels and shift towards low carbon energy has been building for many years, but only in the last 18 to 24 months has it become a leading agenda item in national and international political arenas.
Analyst predicts return of marginal gains ethos in North Sea
Coach Sir Dave Brailsford is widely credited with turning around the fortunes of Britain’s cyclists using the “marginal gains” philosophy.
Shell boss says headcount reductions ‘probable’ in time, while projects also at risk
Shell’s boss has said the firm will “probably” have to reduce its headcount and “resize” parts of the organisation the longer the oil price slump lasts.
More than a dozen North Sea projects face red light due to oil price plummet
More than a dozen UK North Sea projects are facing deferral in light of the oil price drop, an analyst has predicted.
Shell making progress on Jackdaw plans
Shell has reached another checkpoint on the way to developing the Jackdaw field in the central North Sea.
Consultancy Genesis says margins remain under pressure amid stiff competition
A global oil and gas consultancy with a base in north-east Scotland has blamed stiff competition for a near doubling of its pre-tax losses.
Shell selection shows we can compete in UK, says Rosetti Marino
Italian engineering firm Rosetti Marino said today that its selection by Shell for an early phase design contest showed the firm was “competitive” in the UK.
Siccar Point completes sale of Jackdaw stake
Aberdeen oil firm Siccar Point Energy today completed the sale of a stake in the Jackdaw discovery in the central North Sea.
Siccar Point sells stake in North Sea Jackdaw field
Aberdeen oil firm Siccar Point Energy has struck a deal to sell its stake in the Jackdaw discovery in the central North Sea.
Oil expert Alex Kemp gives his verdict on the latest North Sea news
Oil and gas expert Alex Kemp said BP's announcement about Kinnoull was a much-needed boost for the North Sea industry.
BP announces Kinnoull start-up but it’s bad news for BG Group’s Jackdaw project
The North Sea will soon produce an extra 45,000 barrels of oil a day after start-up on the £700million Kinnoull field, BP chief executive Bob Dudley has announced.