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North sea oil
United Kingdom
UK North Sea Firm Ithaca Energy Presses Ahead With London Listing
North Sea oil and gas producer Ithaca Energy said on Tuesday it was going ahead with its plans to list in London and was seeking admission of its ordinary to th…
Oil Field
Norway’s Equinor Considers Buying Chinese North Sea Oilfields
Reuters reported on Monday that Norway's Equinor ASA is considering buying oilfields in the British North Sea from China's CNOOC Ltd.
Oil&Gas Drilling
‘New North Sea Oil and Gas Projects at Odds with UK Climate Goals’
New oil and gas fields cannot alleviate the financial pressure caused by rising energy bills, according to a report
Oil&Gas Drilling
Shell: UK North Sea Needs Investments in New Oil and Gas Projects
The UK North Sea oil and gas sector needs more investments in new developments as Britain will need domestic fossil fuel resources, Shell’s UK head of upstream…
Offshore Wind Power
Floating Offshore Wind to Power North Sea Oil and Gas Field
A wind turbine will supply the energy needed for the operation of the oil and gas facility.
Coal-Fired Power Plants
“Options Open” for Keeping UK Coal Plants at Normal Capacity This Winter
Energy Minister has said his first priority in the coming winters is to “maintain levels of investment” in the North Sea oil and gas
United Kingdom
UK Asks North Sea Oil and Gas Sector to Set out Plan to Reinvest Profits
Business minister Kwasi Kwarteng has written to the North Sea oil and gas industry asking it to set out a clear plan to reinvest its profits into British energy…
Oil Exploration
DNO Makes Small North Sea Oil Find. Another Well Comes Up Dry
Oil and gas operator DNO has made a small oil discovery on the Gomez prospect in one of its operated licenses in the Norwegian part of the North Sea.
Oil Field
Suncor May Sell Stake In North Sea Oilfields
Canada’s Suncor Energy is considering selling part of its assets in the North Sea amid a wave of consolidation in the mature offshore basin.
Oil&Gas Drilling
Aker BP Postpones Oil Developments Amid Market Turmoil
The company has suspended all oil and gas development projects that have not yet received board approval because of the coronavirus-related plunge in crude pric…
Oil Falls As Middle East Anxieties Ebb for Now
The front-month contract for Brent crude North Sea oil was last seen down USD 0.73 at USD 68.18/bbl – off Monday’s three-month high – while the WTI equivalen…
Scottish Faces 'Policy paradox' Over Support for North Sea Oil and Climate Crisis
The Scottish Government faces a “policy paradox” over its continued support for North Sea oil and gas extraction while also attempting to meet its ambitious c…
Why We Must Set a Date to Phase Out North Sea Oil and Gas
We don’t need to stop using oil and gas tomorrow, but we do need to set a date by which its use will be phased out in order to tackle climate change, writes Dr…
Crude
Equinor Finds New North Sea oil well, Norway's Oil Boom Is Backing
“After a string of recent discoveries, 2019 is shaping up to be the most successful exploration year since 2014 on the Norwegian Continental Shelf (NCS).”
Carbon-Free 2050: Five Ways The UK Energy Industry Will Have to Change
The UK government's target of reaching net zero emissions by 2050 is ambitious, with reliance on North Sea oil and a ban on onshore wind farms hamstringing the …
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