A union boss has voiced concerns that Shell’s choice to withdraw from Cambo could put a dent in plans for a 'just transition'.
Siccar Point Energy
An industry veteran says it's a “worry” to see people toasting Shell’s decision not to progress a controversial North Sea project.
Huge doubt has been cast on the future of the Cambo oilfield in the west of Shetland after Shell decided not to progress the project.
Risks to marine life, including protected deep sea sponges and 400-year-old clams, have been “down played” by the operator of the Cambo oil field, according to environmental groups.
Environmental campaigners have drafted in ‘royalty’ in their latest effort to lampoon the oil and gas industry.
Climate campaigners have disrupted an event in Edinburgh due to the involvement of Shell’s chief executive.
You do not have to look far to find arguments that the UK is more polarised than it has been for decades.
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 has committed to putting the company’s “upstream business in reverse” as part of a key Aberdeenshire CCS project to drive net zero.
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.
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.
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 has insisted that "we can't just tear up contracts" as campaigners urged him to block the Cambo oilfield project, west of Shetland.
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 engineering, procurement and construction (EPC) contract awards are anticipated to total more than $4 billion (£2.8bn) in 2021.
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.
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.
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.
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 Marine has said it is “back on track” with work on the Cambo FPSO for Siccar Point Energy.
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.
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.
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.
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.
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.