Perenco announces near-field gas discovery at Ravenspurn South
Perenco UK has announced a near-field discovery at the Ravenspurn South field, located approximately 40 miles off the coast of Flambrough Head in Yorkshire.
UK North Sea
Shelf Drilling Perseverance rig to depart North Sea for £58m Vietnam contract
Sun sets on Perseverance rig's time in the North Sea, with Shelf Drilling announcing a 16 month contract with PetroVietnam.
Urgent action needed to prevent UK’s energy sector being left in the cold, warns Vysus Group boss
Uncertainty over domestic energy policy and a failure to capitalise on Aberdeen and the wider UK’s potential are hindering the country's efforts to become a world-leader in the energy transition, Vysus Group CEO says.
UK government says lack of supply flexibility could leave gas system “exposed”
The UK government will launch a consultation with industry on future gas supply and storage requirements as production from the North Sea declines.
Leading North Sea safety advocate embarks on new consulting journey
Leading North Sea offshore workplace safety advocate Steve Rae has announced the next phase of his career after finishing his role at Step Change in Safety.
Interview: Anasuria on ‘exciting’ first year as North Sea duty holder
“We’re very much still moving in through an investment phase as I see it on Anasuria over the next few years, which is really exciting."
First gas achieved at Harbour Energy operated Tolmount East project
First gas has been achieved at the Tolmount East project in the UK North Sea operated by Harbour Energy (LON: HBR).
Autumn statement signals ‘big change’ for UK oil and gas decom taxation, expert says
Treasury documents released last week could spell good news for North Sea decommissioning and CCUS investment, but tax uncertainty remains.
Large-scale carbon capture an ‘illusion’ for oil and gas companies
Oil and gas companies must let go of the “illusion” of “implausibly large” carbon capture solutions, reduce their fossil fuel production and invest more in clean energy to align with international climate goals, the International Energy Agency (IEA) has said.
Rovco completes survey work for Cenos floating offshore wind farm
Rovco has completed survey work for the planned Cenos floating offshore wind farm in the Central North Sea.
Serica Energy acquires 30% interest in Greater Buchan Area from Jersey Oil and Gas
Serica Energy (LON: SQZ) has announced it will acquire a 30% non-operated interest in the North Sea's Greater Buchan Area development from Jersey Oil and Gas (JOG).
BP selects executive search firm to find Looney CEO replacement
Oil giant reportedly hires Egon Zehnder International to help find next chief executive after Bernard Looney ousting
‘Extremely disrespectful’: Sausage and cider music festival to change dates after clash with Piper Alpha anniversary ceremony
The Hazlehead Park event had been scheduled for the date of the 36th anniversary of the North Sea disaster which claimed 167 lives.v
Report finds 100 North Sea storage sites needed to meet 2050 CCUS demand
A new report from Xodus has found around 100 North Sea reservoirs will be needed to meet UK demand for carbon capture utilisation and storage (CCUS) by 2050.
UK government plans new oil and gas ‘price shock’ tax mechanism post-EPL
The UK government is planning for the introduction of a new tax mechanism for North Sea oil and gas operators following the scheduled end of the windfall tax in 2028
Aberdeen’s Offshore Helicopter Services facing £10m HMRC probe
Aberdeen based Offshore Helicopter Services (OHS) UK is facing an HMRC investigation into its tax affairs with the company potentially liable for £10 million in repayments.
GMB union signs deal with independent North Sea operators to give workers more say
Union signs agreement with BRINDEX operators to work together on job security and energy policy.
Shell paid net UK taxes for first time in years on windfall levy
Without the government’s new Energy Profits Levy, Shell said it wouldn’t have had to pay corporate tax in the UK.
SEEL agrees 10% farm-in to North Sea Project Orion CCS licence
Sumitomo Corporation subsidiary SEEL agrees farm-in for 50% share of Carbon Catalysts 20% interest in the CS017 and CS018 licences, subject to regulatory approval.
EODEX completes offshore unexploded munitions clearance at Moray West offshore wind farm
Aberdeen-headquartered munitions disposal firm EODEX UK has completed a "groundbreaking" clearance campaign at the site of the Moray West offshore wind farm.
Vestas hones in on Scotland for new wind turbine factory
“The North Sea is probably the most attractive area in the world for offshore wind,” Vestas CEO Henrik Andersen said.
Exclusive: “Strong demand” sees headcount and revenues rise at Aberdeen’s ROVOP
ROVOP global revenues increase by 31%, with EBITDA up 57% to £11m.
Buchan Offshore Wind consortium completes site investigation for 1GW ScotWind project
The consortium behind the Buchan Offshore Wind project has completed its site investigations for its 1GW floating offshore wind farm in the Northeast of Scotland.
Aberdeen energy transition firms confident in region’s economic resilience
Aberdeen oil and gas industry leaders have spoken of their confidence in the region's economic resilience as a new report shows the sector has less faith in UK energy policies.
Equinor UK boss warns North Sea investment at ‘all-time low’
The chief of Equinor's UK operations has warned investment in the North Sea is at "an all-time low" in meetings with the Scottish and UK governments.