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Shell has reiterated its “commitment” to the North Sea and West of Shetland, saying there is still “running room” in the region.
Shell CEO Ben van Beurden has said the energy giant will “resize as appropriate” as it moves to become a “simpler and leaner” organisation.
Petrofac has doubled the size of its offshore wells portfolio in the UK North Sea after winning a new contract with Neo Energy.
Fugro is aiming to save nearly £110m (EUR120m) per year thanks to a 10% reduction in its workforce and other measures.
The newest wave of UK offshore wind farms could produce power so cheaply that they pay money back to consumers, researchers have said.
Union Jack Oil has increased its stake in the Biscathorpe onshore prospect after receiving approval from the Oil and gas Authority (OGA).
CNOOC saw profits and production tumble for its North Sea business in Ray Riddoch’s final year at the helm of the operating company.
Almost £350 million is being made available to help cut emissions from heavy industry, construction and transport, the Prime Minister has announced.
Dutch services firm Fugro has begun a four-month marine site characterisation campaign at two major North Sea wind development sites.
Oil and Gas UK (OGUK) has urged the UK Government to be “mindful” of any additional costs to the sector as it plans new Brexit customs charges.
Shell is looking “long and hard” at its organisation and portfolio as it works to emerge from Covid and move towards net zero, according to its UK boss.
BP “will look very different” in five to 10 years’ time according to the man who oversees its business across Europe and the UK.
Oil and gas drilling is on course for a "staggering" 20-year low, according to consultancy Rystad Energy.
UK oil supply chain firms are diversifying into non-energy sectors due to Covid-19 and low commodity prices, according to a new report.
Westwood Global Energy reports that as of July 1 there was one exploration and appraisal well active in the UK.
Britain’s fraying relationship with China has the potential to undo a decade of mixed efforts to keep nuclear power flowing as an aging generation of plants drop out of service.
The last article I wrote for Energy Voice was in October and my focus was on maximising economic recovery and embracing energy transition to ensure the UK Continental Shelf (UKCS) continues to be a sustainable and competitive basin for years to come.
Britain is “way off track” from meeting its 2050 net zero target, according to the Energy Institute.
Brexit has “got in the way” of the UK collaborating on a major North Sea wind “island” complex, according to one of the project’s main partners.
North Sea operators still have the “appetite” for high impact exploration over the coming 12-18 months, according to Westwood Global Energy Group, despite low success rates.
Neptune Energy has awarded a subsea inspection contract, understood to be worth around £2million, to Fugro at its Cygnus gas field.
Shell's North Sea boss has said firms will be “very rapidly” challenged by the economics of reducing emissions, calling for collaboration, government and regulatory support.
Petrofac is working on a “more aggressive” approach to replace its climate targets which are “well out of date”, according to a UK boss.
Weak gas prices saw profits slip at Chrysaor last year, who recently became the largest net producer in the UK North Sea.