The Fateful Eight: Can the North Sea reach its 2030 electrification target?
Expectations for North Sea platform electrification are high - but with the clock ticking, questions persist over the cost and feasibility of plugging in aging assets.
Expectations for North Sea platform electrification are high - but with the clock ticking, questions persist over the cost and feasibility of plugging in aging assets.
While it’s not a panacea - and may never actually kick into force - the windfall tax price floor could help with financing the $5bn of North Sea projects awaiting FID.
Despite the ups and downs of the energy transition, it’s likely North Sea oil and gas production will be with us even in a net-zero 2050.
TotalEnergies (PARIS: TTE) could be in line for a “significant boost” if a discovery is made at a key West of Shetland prospect.
Only two of the nine zones up for grabs in the targeted oil and gas category of the INTOG leasing round had successful applications.
A handful of West of Shetland assets have been highlighted by industry experts as potential acquisition targets for Viaro Energy.
Around three billion barrels oil equivalent (boe) of resources,worth a total $5 billion are on the market, in Southeast Asia.
The largest discovery in a decade for the region will now open up more than a dozen other prospects in the Southern North Sea.
Harbour Energy (LON: HBR) is "bloated" staff-wise, say analysts, and this week the firm said it would slash jobs in Aberdeen due to the UK Government windfall tax.
The Wison FLNG unit will be Eni’s second offshore Congo.
There are only six big-spend projects expected for the UK North Sea and West of Shetland in the coming years, meaning limited opportunity for big players to benefit from windfall tax offsets.
Its more than a year since Shell (LON: SHEL) said it wouldn't invest in the Cambo oilfield, but as the project approaches a green light, the firm is weighing whether to stick or sell up its stake.
The UK North Sea saw little bounce back in activity following the 2020-21 ‘Covid low’, with only the M&A space staying buoyant.
Westminster’s hopes of spurring North Sea spend in the coming years could be derailed by one fundamental issue: a lack of available projects.
Removing and recycling old oil and gas assets will go a long way towards helping the North Sea hit its emissions reduction targets.
Oil and gas majors’ share of production in the UK is tipped to rise dramatically in the coming years, putting an end to a period of flux.
Eni and ExxonMobil have both confirmed the start up of the Coral Sul floating LNG (FLNG) project, offshore Mozambique.
TotalEnergies (PARIS: TTE) has kicked off hotly-anticipated appraisal drilling at the Isabella discovery in the UK North Sea.
Analysts have backed Shell’s (LON:SHEL) Shearwater production hub to keep operating well into the next decade.
As the North Sea’s limited exploration well roster delivers a series of disappointing results, are there any promising plays left in E&P hoppers?
North Sea firm Siccar Point Energy is nearing a decision on how best to proceed with its West of Shetland Tornado project.
Following the approval of Shell’s Jackdaw field, analysts are weighing in on whether the move signals an acceleration on reported government plans to “fast track” key North Sea fields.
Welligence Energy Analytics has appointed Juan Agudelo to head the company’s energy transition offering. Agudelo follows in a long line of Wood Mackenzie executives to join Welligence.
Environmental groups say a change of ownership at the controversial Cambo development will not alter the prospects for what they call a "doomed" field, following news that Ithaca Energy will acquire operator Siccar Point.
Firms won’t be rushing into deals or investment off the back of higher oil and gas prices – the boom may even be stalling such activity in the North Sea, according to top analysts.