VIDEO: Protestors shout down NSTA boss Andy Samuel during speech on energy trilemma
The CEO of the North Sea Transition Authority (NSTA) has been shouted off stage by protestors – during a speech about the energy trilemma.
Rosebank
Equinor ‘still working hard’ on sanctioning Rosebank oilfield despite windfall tax
Norway’s Equinor said it is “still working hard” on sanctioning the Rosebank oilfield in the first quarter of next year – despite the latest windfall tax “uncertainty”.
Windfall tax is ‘biggest question mark’ over Cambo and Rosebank oil fields, says Ithaca
The looming threat of changes to the UK windfall tax is the “biggest question” hanging over development of the huge Cambo and Rosebank oilfields.
Ithaca Energy hopes IPO will be North Sea investment ‘turning point’
A top boss at Ithaca Energy (LON: ITH) hopes the company's initial public offering (IPO) in London will mark a “turning point” for investment in the North Sea.
Stop Rosebank campaigner confronts Sturgeon at COP27
An activist from the ‘Stop Rosebank’ group confronted Nicola Sturgeon during COP27 on Tuesday.
Decom will naturally drive North Sea towards emissions reduction targets
Removing and recycling old oil and gas assets will go a long way towards helping the North Sea hit its emissions reduction targets.
Ithaca IPO set for lower end of valuation: reports
Ithaca Energy is likely to price at the lower end of its guidance when its planned flotation is concluded later this week, according to reports.
Protestors use ‘oily roses’ to oppose Rosebank development
Environmental protestors have targeted companies and groups connected to Norwegian energy giant Equinor’s (OSLO: EQNR) Rosebank project.
Ithaca Energy eyes valuation of up to £3.1 billion
Ithaca Energy, one of the North Sea's largest producers, could command a market valuation of up to £3.1 billion when it trades publicly next week.
Protests at Equinor’s Aberdeen base amid windfall tax criticism
Extinction Rebellion activists protested outside Equinor's, Aberdeen offices today to criticise the company's Rosebank development following the firm's Q3 results.
Campaigners plan ‘digital day of action’ against Equinor’s Rosebank
Campaign groups have vowed a virtual “day of action” in protest against the development of the Rosebank oil field.
Al Cook trades up oil for diamonds as he leaves Equinor for De Beers
Al Cook is trading up oil exploration with Equinor for hunting for diamonds in Africa with De Beers.
Exploration frontier near huge Cambo and Rosebank oilfields ‘overlooked’
A frontier near the huge Cambo and Rosebank fields in the West of Shetland has been left “underexplored” according to a new study.
Extinction Rebellion holds ‘die in’ at Aberdeen University with demands to abandon oil and gas research
Climate protestors Extinction Rebellion have taken to Aberdeen University demand it stops supporting new oil fields and abandon research into the industry.
New play opener needed to maximise West of Shetland opportunity
Appetite exists for new oil and gas exploration west of Shetland but vital infrastructure will be needed to make good on the region’s potential resources, according to Offshore Energies UK (OEUK).
Details of oil and gas climate checkpoint – that could herald North Sea ‘resurgence’ – imminent
A new dawn for North Sea could be imminent with long-awaited details about the UK’s climate compatibility checkpoint expected shortly.
WoodMac: Windfall tax ‘wipes out’ 20% of North Sea corporate value
Wood Mackenzie researchers say the government’s windfall tax measures are likely to wipe around 20% off the value of North Sea operators on average, with the impact largely dependent on current tax and investment status.
‘We would love to see Rosebank electrify the region’ says Equinor boss
Equinor is hoping its £8 billion Rosebank project can “trigger” wider electrification across the West of Shetland region.
Interview: Ex-BP boss Lord Browne calls for calm on North Sea protests
The former CEO of BP, who warned the industry of its impact on the climate 25 years ago, has said rising calls to cease new oil and gas in the North Sea should be tempered amid a need for homegrown supply.
Equinor expects £80m investment in Rosebank FPSO electrification
Equinor (OSLO:EQNR) and its Rosebank partners expect to spend around £80 million on modifications to the Knarr FPSO which will ready the vessel to run on low-carbon power.
Aberdeen University staff divided on merits of Equinor North Sea oil and gas field
News that Equinor is pushing ahead with the development of a major North Sea oil and gas field appears to have split opinion at Aberdeen University.
UK North Sea oil needs investment to stem decline, Shell says
Britain needs to keep developing new oil and gas fields in the North Sea even as it rolls out major offshore wind and carbon capture and storage projects across the country, according Shell’s (LON: SHEL) UK head of upstream.
Equinor will pay £834m less in tax if Rosebank is approved, campaigners argue
An environmental group is claiming Equinor will pay millions of pounds less in tax if the North Sea Rosebank field gets the go ahead.
Suncor sells to Sval in Norway exit, UK deal in works
Sval Energi has signed an agreement to acquire Suncor Energy’s Norwegian business, as the Canadian group looks also to sell off its UK assets amid a pull back from the North Sea.
Up to 1,600 jobs expected from £8bn Rosebank megaproject
Equinor (OSLO:EQNR) has published economic analysis for its long-awaited Rosebank project, which sets out commitments to support thousands of UK jobs and invest billions of pounds in the local supply chain.