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Oil&Gas Drilling
UK Likely To Unlock £10 Billion Worth Of North Sea Oil & Gas With Encouraging Fiscal Regime, Woodmac Finds
Given the rising focus on energy security, Wood Mackenzie, an energy intelligence group, has pointed out that the United Kingdom (UK) could get its hands on an …
France
Totalenergies Pilots Floating Offshore Wind Project for North Sea Oil and Gas Platform
The Culzean oil and gas field is one of TotalEnergies’ flagship offshore facilities. Credit: TotalEnergies.Multinational energy and petroleum company TotalEner…
Oil & Gas Trade
Shell and Exxonmobil JV Cuts a Deal With Canadian Firm to Give up Its North Sea Oil & Gas Business for $180 Million
Canada’s Tenaz Energy, a public energy company focused on the acquisition and development of international oil and gas assets, has set the stage to become…
Oil Field
SUBSEA7's New Multibillion-Dollar UK Gig Brings It More Work in North Sea Oil & Gas Arena
Luxembourg-domiciled Subsea7 has tucked a new assignment in the UK under its belt, which will enable it to work on the development of a field that will be tied …
Oil Field
North Sea Energy Firms Look Beyond UK After Tax Squeeze
Aerial view of the Gullfaks C oil platform, North Sea, August 23, 2023. REUTERS/Nora Buli/File Photo Purchase Licensing RightNorth Sea oil and gas producers are…
Oil&Gas Drilling
Exclusive: Chevron Prepares for North Sea Exit After More Than 55 Years
Chevron (CVX.N), opens new tab said it is set to launch the sale of its remaining UK North Sea oil and gas assets, in a move that would mark the U.S. energy gia…
Oil & Gas Trade
British Regulator Awards More North Sea Oil and Gas Licences
Britain's oil and gas regulator on Friday awarded 31 new hydrocarbon exploration licences as part of efforts to extend production in the ageing basin.The li…
Oil&Gas Drilling
Britain to Legislate for Annual North Sea Oil and Gas Licence Rounds
Vessels that are used for towing oil rigs in the North Sea are moored up at William Wright docks in Hull, Britain November 2, 2017. REUTERS/Russell Boyce/File P…
Oil & Gas Trade
North Sea Oil and Gas Giants in £260M Deal
TWO of the North Sea’s biggest operators have agreed a £260m tie-up to boost oil and gas production.Harbour Energy and engineering giant Wood Group …
Oil&Gas Drilling
Equinor Starts up North Sea Oil, Gas Project
Equinor ASA has begun production at the Statfjord Ost field in the North Sea, expecting to raise its output by 26 million barrels of oil equivalent."The project…
Oil&Gas Drilling
UK to Grant New North Sea Oil and Gas Licences
© Reuters. FILE PHOTO: Vessels that are used for towing oil rigs in the North Sea are moored up at William Wright docks in Hull, Britain November 2, 2017. …
Power Construction
A $25BN Renewables Grid to Green Oil & Gas Platforms in the North Sea
Image credit: iweta0077 on 123rfCerulean Winds has announced plans to build an offshore integrated green power and transmission system that North Sea oil & gas …
Oil Exploration
All-Systems-Go for Equinor to Deploy Shelf Drilling Rig at North Sea Oil & Gas Field
Norwegian state-owned energy giant Equinor has received consent from the country’s offshore safety regulator to use one of Shelf Drilling’s jack-up …
Energy Investment
Britain’s Windfall Tax Risks North Sea Cash Flight, Output Drop, Industry Warns
North Sea oil and gas producers hit back after Britain's decision to raise a windfall tax on the sector, warning the move risked jeopardizing investment in the …
Crude Oil
UK’s Market-Defying North Sea Oil IPO Falls Flat
After braving high-level market volatility in Britain’s biggest IPO of the year, North Sea oil and gas producer Ithaca Energy warned that any further boost to …
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