Residents in a small village less than a mile from where the Foinaven FPSO is laid up have expressed climate concerns as plumes of black smoke have been seen emanating from it.
An unnamed “oil and gas major” has struck a £32 million deal to acquire the controlling stake in West of Shetland operator Corallian Energy.
For a nation with no producing oil and gas assets, the Faroe Islands is not short on ambition.
Equinor is hoping its £8 billion Rosebank project can “trigger” wider electrification across the West of Shetland region.
A permanent feature of the West of Shetland for many years, the Foinaven vessel recently left the namesake BP field for the last time.
Oil giant Shell (LON:SHEL) has begun a hunt to find a buyer for its stake in the controversial Cambo field in the UK North Sea, according to reports.
North Sea operator Hurricane Energy (LON:HUR) is to carry out a planned shutdown of its flagship Lancaster field next month.
News that Equinor is pushing ahead with the development of a major North Sea oil and gas field appears to have split opinion at Aberdeen University.
The former production ship for a BP (LON:BP) oilfield in the West of Shetland has arrived at Hunterston for partial decommissioning.
An environmental group is claiming Equinor will pay millions of pounds less in tax if the North Sea Rosebank field gets the go ahead.
Equinor (OSLO:EQNR) has published economic analysis for its long-awaited Rosebank project, which sets out commitments to support thousands of UK jobs and invest billions of pounds in the local supply chain.
Equinor (OSLO:EQNR) has submitted a key document in relation to the Rosebank development, allaying fears it was considering ditching the £8.1 billion project.
Hurricane Energy (LON: HUR) is weighing up an M&A deal or a potential $250m boost to its existing Lancaster asset in the West of Shetland.
Hurricane Energy (LON: HUR) is ready to pay off its debt next week with cash to spare, in a remarkable turnaround in fortunes over the last year.
Kistos Energy, former RockRose Energy CEO Andrew Austin’s latest venture, has completed the acquisition of a stake in a package of West of Shetland assets.
North Sea firm Siccar Point Energy is nearing a decision on how best to proceed with its West of Shetland Tornado project.
BP has insisted the Foinaven FPSO is being removed in a ‘controlled’ manner after a news article alleged it planned to dump “industrial waste” in a protected area.
Ithaca Energy has completed its acquisition of Cambo operator Siccar Point Energy.
Equinor’s North Sea boss has reinforced the Norwegian energy giant’s commitment to developing the Rosebank project.
Robin Allan, the former UK North Sea boss at Premier Oil, has joined the board of West of Shetland operator Hurricane Energy (LON: HUR).
Hurricane Energy has branded government’s windfall tax as “unhelpful” particularly due to its lack of public details.
Colette Cohen, the CEO of the Net Zero Technology Centre, is to become the chair of unmanned aviation firm Flylogix.
Ithaca Energy will make its IPO in London “as soon as possible” this year, according to parent firm Delek Group.
The North Sea and West of Shetland has 48 known discoveries with 2.3 billion barrels of oil equivalent, and new research has shed light on the challenges in getting them developed.
There are several hubs around the North Sea which will still be producing in a decade’s time – but 12 of these will be “key” thanks to their production upsides and emissions intensity, according to new research.