Westwood: Harbour Energy one of just two IOCs to finish 2022 with lower share price
A new report from Westwood Global Energy Group has laid bare the impact of the UK Government's fiscal tinkering on Harbour Energy's (LON: HBR) share price in 2022.
A new report from Westwood Global Energy Group has laid bare the impact of the UK Government's fiscal tinkering on Harbour Energy's (LON: HBR) share price in 2022.
Activity in the North Sea is a โbit questionableโ though given the current windfall tax, which has prompted some operators to send rigs elsewhere.
Research firm Westwood Global Energy Group has delivered its forecasts for the offshore wind market in the coming year.
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.
As of 19 December, Westwood Global Energy reports that there are three exploration wells active, with one in the Barents Sea, one in the Norwegian Sea, and one in the North Sea. One exploration well is suspended.
As of 19 December, Westwood Global Energy reports that there are three exploration wells active, with one in the NNS, one in the CNS and one in the SNS. One appraisal well is currently active in the CNS. Since the previous report, one well has completed at Rockhopper.
When this edition of the Energy Voice supplement was published a year ago, the North Sea oil and gas industry was in the doldrums.
As of 25 November, Westwood Global Energy reports that there are three exploration wells active, with one in the CNS, one in the NNS and one in the SNS. One appraisal well is currently active in the CNS. Since the previous report, one well has completed at Rockhopper.
As of 25 November, Westwood Global Energy reports that there are three exploration wells active, with two in the Norwegian Sea and one in the Barents Sea. Since the previous report, one exploration well program has completed at Oswig, and one exploration well has spudded at Countach.
A host of North Sea environmental statements (ES), lodged between April and August, are still to be rubber stamped, with some expected to receive sign off before the year is out.
Energy research and consultancy firm Westwood Global Energy Group has appointed a new director of hydrogen.
The UK will spend billions removing oil and gas assets over the next decade, and billions more installing offshore windfarms โ so why doesnโt it have a heavy lift business to capitalise on it?
Rigs are leaving the North Sea for better prospects elsewhere, leaving a risk to availability as oil and gas projects are expected to ramp up in 2024.
Drilling operations have begun at an eagerly awaited gas prospect that could open up part of the Southern North Sea.
A key exploration well from Shell (LON: SHEL) and Deltic (LON: DELT), which could open up a dozen other licences in the Southern North Sea, is โimminentโ.
Low-emissions drilling rigs are commanding โpremium dayratesโ as contractors seek to slash their operational footprint.
Billions of barrels of oil and gas reserves, located near to existing North Sea infrastructure, could hold the key to enhancing UK energy security.
As of 27 October, Westwood Global Energy reports that there are three exploration wells active, with one in the CNS and two in the NNS. One appraisal well is currently active in the CNS. One well completed at Serenity.
As of 26 September, Westwood Global Energy reports that there are three exploration wells active, with one in the CNS and two in the NNS. Two appraisal wells are currently active in the CNS. One well completed at Diadem.
New analysis from Westwood Global has shone a light on the rapid expansion of blue hydrogen on both sides of the North Sea.
As of 24 August, Westwood Global Energy reports that there are three exploration wells active, with two in the CNS and one in the NNS. One well completed at Edinburgh.
A permanent feature of the West of Shetland for many years, the Foinaven vessel recently left the namesake BP field for the last time.
A Shell (LON:SHEL) exploration target in the North Sea has been named among Westwood Global Energy Groupโs โkey wells to watchโ for the rest of 2022.
As of 25 July, Westwood Global Energy reports that there are three exploration wells active, with two in the CNS and one in the NNS.
Global energy project delays, stemming from tight supply chains, delivered a big blow to subsea tree awards in the first half of the year.