North Sea ‘falling behind’ as global offshore investment returns to pre-pandemic levels
The North Sea is one of just a handful of regions “falling behind” as offshore oil and gas investment returns to pre-pandemic levels around the world.
North Sea
Neptune Energy increases production from Gjoa platform
Neptune Energy has confirmed a marked increase in production from its operated Gjoa platform.
ScotWind: First mover advantage is pointless if you’re not actually first
I’m a little bemused. Inevitably the ScotWind lease awards were going to trigger all sorts of claims about how the Scottish offshore wind supply chain will gain from this huge project, but nobody seems prepared to explain exactly how this will happen given that we don’t actually have a supply chain of any note particularly when it comes to the high value hardware.
UK energy ‘vulnerable’ to price shock from Russia-Ukraine tensions: OGUK
UK energy prices will be “vulnerable” to the impacts of Russia’s threatened invasion of Ukraine, trade body Oil and Gas UK (OGUK) has warned.
IOG and Perenco dealing with ‘frustrating’ slow progress on flagship project first gas
IOG said it is working closely with Bacton Terminal operator Perenco to deal with “frustrating” slow progress towards delivering first gas from its Saturn Banks project.
Former Babcock business lands new helicopter contract with Well-Safe Solutions
Offshore Helicopter Services, the new name for the former Babcock Aberdeen business, has landed a new North Sea contract with Well-Safe Solutions.
SSE and Equinor enter Peterhead and Keadby projects in CCS funding contest
SSE Thermal and Equinor have formally submitted two low-carbon projects into a competition for UK Government funding.
First candidates picked for skills academy backed by BP and Sir Ian Wood
The first candidates have been selected for X-Academy, a new training initiative backed by Sir Ian Wood and BP.
Private equity deals surge to £2.4 billion for UK North Sea
Private equity took a keen interest in the UK North Sea in 2021, with £2.4 billion worth of deals for the country’s oil and gas industry.
Babcock takeover ‘removes the weakest competitor’ in the North Sea, says CHC
CHC has told competition authorities that its takeover target of Babcock Aviation is “not a particularly serious competitive threat” to the company.
Shell renews talks with UK regulators on Jackdaw, according to reports
Shell is back in talks with the UK’s offshore regulator over plans to develop the Jackdaw gas condensate field.
Ithaca gets green light to develop central North Sea field
Ithaca Energy has received a green light from the UK Government to proceed with its Abigail project in the North Sea.
BP hands out southern North Sea CCS contract
Oil and gas giant BP (LSE: BP) has handed out a contract for work on a key North Sea carbon capture and storage (CCS) project.
North Sea oil majors to spend more on UK wind than fossil fuels
The biggest North Sea majors are set to invest more in the region’s wind power in the coming years than in its oil and gas.
Spirit Energy targets Q2 sailaway for Hummingbird FPSO
Spirit Energy is tentatively targeting a second quarter sailaway for the Hummingbird Spirit FPSO in the North Sea.
SSE Renewables ‘confident’ of running in future Scottish auctions after ScotWind success
One of the big winners in the ScotWind leasing process already has its sights on securing future offshore wind opportunities.
When Stephen Hendry and Dennis Taylor played snooker on a North Sea oil rig
They were more accustomed to the green baize of snooker than the black oil extracted from the North Sea on giant oil platforms.
Who won what? Norway dishes out 53 licences in oil and gas exploration round
Norway has dished out 53 licences in its latest round of awards for oil and gas exploration.
Court throws out claim that government is ‘unlawful’ in supporting North Sea oil
A High Court has thrown out a legal challenge claiming that the UK Government had acted unlawfully in its support for North Sea oil and gas.
Unite demands Scottish Government support over CNR International’s ‘draconian’ vaccine mandate
A leading union has appealed to the Scottish Government over the introduction of mandatory vaccinations by a North Sea operator.
‘It is a considerable opportunity for Aberdeen’ – AREG chief on ‘hugely significant’ ScotWind results
ScotWind will unlock a raft of “fantastic opportunities” for the north-east of Scotland the head of a local energy transition organisation has predicted.
‘ScotWind could provide a 50-year project pipeline’
A project pipeline of more than 50 years in offshore wind could be secured thanks to the ScotWind seabed auction, according to a northern port.
‘No production issues’ yet for Hurricane Energy as Lancaster hits ‘bubble point’
Hurricane Energy (LSE: HUR) says no production issues have arisen at Lancaster despite it falling below the ‘bubble point’ last month.
No removal in sight for Youtuber playground oil rig in Cromarty Firth
There remains no removal plan in place for an oil rig in the Cromarty Firth which has become a dangerous playground for thrill-seekers.
Theatre show links Piper Alpha to climate emergency
Former oil worker, climate activist and local artist John Bolland will explore the parallels between the current climate emergency and the Piper Alpha disaster in his new multimedia theatre production.