It comes weeks after the firm received final bids for its SNS gas fields, and after exiting the Northern Endurance carbon capture and storage project.
Southern North Sea
Horizon Energy Global has confirmed its plan to drill the high-impact Dabinett North Sea well in 2024.
Shell (LON: SHEL) has whittled down bidders for its southern North Sea gas fields to three final contenders, according to people with knowledge of the matter.
Oil and gas firm Perenco has been hit with a trio of safety improvement notices over the state of one of its Southern North Sea platforms.
IOG (LON: IOG) is seeking support from its investors as the oil and gas firm tries to stave off the threat of administration.
North Sea firm Deltic Energy (LON: DELT) has given up on three exploration licences after its partner decided to exit the permits.
Shares in London-listed Deltic, holder of 30% of the licence, soared in mid-morning trading as investors reacted to the news.
Australia’s Hartshead Resources (ASX:HHR) has appointed a new advisory firm, and extended a contract with another, as it seeks to raise funds for its flagship UK project.
An energy sector taskforce has set its sights on unlocking difficult to produce gas fields in the Southern North Sea.
Aberdeen’s claim as the jewel in the crown of the UK’s energy industry has been called into question.
As far as discoveries go, uncovering over 300 billion cubic feet (bcf) of gas and the decade’s largest find isn’t half bad in an increasingly wizened basin.
Hartshead Resources says it has received “high interest” from parties keen to partner up on a pair of UK gas fields.
Partner Deltic Energy saw its share price rocket by 50% on the news.
North Sea operator IOG (LON: IOG) has confirmed that first gas from its troubled Southwark field in the Southern North Sea is nigh.
A North Sea firm is anticipated to splash out upwards of £100 million in the next couple of years in order to bring a pair of gas fields online.
Westminster’s efforts to bolster energy security and guarantee supplies ahead of winter have been given a big shot in the arm.
Perenco has secured an offshore rig ahead of a drilling campaign in the Southern North Sea.
Drilling operations have begun at an eagerly awaited gas prospect that could open up part of the Southern North Sea.
Kent has been awarded a three-year framework contract to monitor the structural integrity of Ineos’ Southern North Sea assets.
Petrodec has been taken to task by the offshore safety watchdog after it failed to remove oil from pipeline ahead of decommissioning.
Neptune Energy has been pushed to review its offshore procedures after a release of toxic gas during drilling operations earlier this year.
Priority clusters, earmarked for speedy development by the industry regulator, could deliver enough gas to meet 40% of the UK’s yearly demand.