Shell CEO confronted by protestors at Edinburgh event
Climate campaigners have disrupted an event in Edinburgh due to the involvement of Shell’s chief executive.
Siccar Point Energy
Cambo oilfield: Not all barrels are created equal
You do not have to look far to find arguments that the UK is more polarised than it has been for decades.
Stark figures show North Sea production could be on course to wrap up by 2030
As the UK finds itself in the midst of a gas crisis, stark figures have shown that North Sea production could be on course to wrap up by the end of the decade.
Shell’s new North Sea boss to put upstream business ‘in reverse’ as part of key CCS project
Shell’s new North Sea boss has committed to putting the company’s “upstream business in reverse” as part of a key Aberdeenshire CCS project to drive net zero.
Cambo operator denies jumping the gun as kayaker activists stage protest in Norway
Two activists in kayaks confronted a vessel in Norway amid suspicions that the UK Government and an oil company were set to “jump the gun” on the Cambo project, west of Shetland.
Scotland Office minister to meet Cambo field developers
The Scotland Office minister will meet the developers of the controversial proposed Cambo oil field, saying it is "far preferable" for oil and gas to come from domestic sources than importing.
Video: Sturgeon confronted by climate activists on Cambo oil field plans
Nicola Sturgeon has been questioned by climate activists on her stance towards plans to develop the Cambo oil field in the West of Shetland.
Boris Johnson insists Cambo field ‘contracts’ cannot be ‘torn up’
Boris Johnson has insisted that "we can't just tear up contracts" as campaigners urged him to block the Cambo oilfield project, west of Shetland.
Symbolic bans on oil E&P won’t help us with climate change, Shell boss says
The chief executive of Shell said today that “symbolic” bans on oil and gas exploration and production would not help the UK tackle climate change.
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.
Cambo oilfield protestors occupy UK Government building in Edinburgh
A dozen activists have staged a protest at a UK Government building in Edinburgh in hope of convincing ministers to reject proposals for the Cambo oilfield, west of Shetland.
Equinor and Altera ‘fully engaged’ on study into use of Knarr FPSO for Rosebank project
Energy giant Equinor and Altera Infrastructure are “fully engaged” in a study that could result in the vessel owner’s Petrojarl Knarr FPSO being picked for the 300 million barrel Rosebank gig.
Siccar Point takes step towards investment decision on Covid-delayed Cambo
Private-equity backed Siccar Point Energy has taken another step en route to a final investment decision (FID) on Cambo, a major oil project west of Shetland.
Siccar Point losses widen as key Cambo and Rosebank decisions await
Losses at Siccar Point Energy more than doubled in 2020 as the North Sea operator looks ahead to key decisions on its flagship Cambo field and the Equinor-operated Rosebank.
Sembcorp ‘back on track’ on Cambo FPSO for Siccar Point
Sembcorp Marine has said it is “back on track” with work on the Cambo FPSO for Siccar Point Energy.
PE and the energy transition: the Blue Water Energy experience
Private-equity house Blue Water Energy opened its doors a decade ago at a time when the North Sea was still enjoying the longest bull run in its history and Big Wind was just about finding its offshore feet.
West of Shetland oil and gas remains UK’s best bet for growth despite recent setbacks
The West of Shetland oil and gas (WoS) basin has long been held aloft as the UK’s last great hope for indigenous oil and gas production growth.
Chrysaor-Premier Oil deal could be ‘harbinger of things to come’
Private equity firms that piled into oil-production assets in the past few years now find themselves stuck, and forced to contemplate novel ways to make an exit.
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.
EnQuest, Sinopec ‘among bidders’ for ExxonMobil UK North Sea oil and gas fields
ExxonMobil's UK North Sea assets have attracted suitors from state-owned companies to private equity-backed firms as the US oil giant seeks to exit the aging region altogether, according to people with knowledge of the matter.
Ineos North Sea bosses optimistic despite profits plunge
Bosses at Ineos’ North Sea oil and gas business have vowed to keep “pursuing growth opportunities” despite a 95% profits plunge in 2019.
Shell sees ‘running room’ in West of Shetland
Shell has reiterated its “commitment” to the North Sea and West of Shetland, saying there is still “running room” in the region.
Aberdeenshire CCS firm gains ‘financial heft’ with backing from Australian investment giant
Pale Blue Dot Energy (PBD) has gained "financial heft", with backing from an Australian investment giant to help deliver one of the UK’s first major CCS projects.
Siccar Point delays approval for flagship Cambo field in West of Shetland
Siccar Point Energy has announced it will defer approval of its highly-anticipated Cambo development until the second half of next year due to the coronavirus outbreak.
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.