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NEWS |
Neptune Energy, ExxonMobil, Rosewood and EBN to cooperate on L10 Carbon Capture and Storage
Neptune Energy, ExxonMobil subsidiary XTO Netherlands, Ltd., Rosewood Exploration Ltd., and EBN Capital B.V. today announced the signing of a Cooperation Agreement to progress the L10 large-scale offs (...)
NEWS |
Well-Safe Protector to undertake Ithaca Energy North Sea well decommissioning
Well-Safe Solutions have been contracted by Ithaca Energy to plug and abandon (P&A) six wells on the Anglia platform in the Southern North Sea, approximately 55km from the UK mainland.
NEWS |
NSTA Chief Executive Andy Samuel welcomes Chancellor Rishi Sunak's visit
Speaking after the Oil and Gas Fiscal Forum and Treasury Connect meeting in Aberdeen on Thursday 23 June, Andy Samuel, Chief Executive North Sea Transition Authority, said:
NEWS |
BP pays North Sea tax and pledges investment
BP last year paid UK taxes on its operations in the North Sea for the first time in several years as its CEO also pledged to continue investing in the region.
NEWS |
Fluxys and Equinor launch solution for large-scale decarbonisation in North-Western Europe
The two companies have agreed to develop a major infrastructure project for transporting captured CO2 from emitters to safe storage sites in the North Sea, connecting Belgium to Norway.
NEWS |
Shell books Maersk Drilling rig for Pensacola campaign
Shell has hired Maersk Drilling's Resilient jack-up rig for a drilling campaign at its Pensacola gas prospect in the UK Southern North Sea, its partner Deltic Energy said June 29.
NEWS |
All systems go for Wintershall Dea to bring North Sea tie-back on stream
Wintershall Dea Norge, a subsidiary of Germany’s oil and gas company Wintershall Dea, has now secured all necessary approvals from the Norwegian authorities to start production from a field, which wil (...)
NEWS |
Orcadian hails oil and gas windfall tax allowance
North Sea oil and gas player Orcadian Energy has raised £1 million through a share placing and said it believes “the immediate investment allowance, included in the Energy Profits Levy, has transforme (...)
NEWS |
Malaysia's Ping weighs wiring in floating wind power to decarbonise UK Avalon oil field
Malaysian oil & gas developer Ping Petroleum has taken delivery of a so-called floating storage and offshore loading (FPSO) vessel that will be part of project in the central North Sea that is explori (...)
NEWS |
Two Drilling Programs due to commence this month
Two oil and gas players – Neptune Energy and OMV Norge – have been granted drilling permits by Norwegian authorities for wildcat wells – located in the North Sea offshore Norway – which are scheduled (...)
NEWS |
Loophole could let North Sea oil and gas giants slash UK windfall tax bill
North Sea oil and gas companies that already benefit from huge tax breaks could use fresh rules to slash how much they pay under a new windfall tax announced by Rishi Sunak as part of his £15bn cost o (...)
NEWS |
Union Jack gets NSTA approval for Wressle field development
UK-based oil and gas company Union Jack Oil has received the North Sea Transition Authority (NSTA) Field Development Plan (FDP) approval for its Wressle oilfield.
NEWS |
New field identified close to Valhall Field
Norwegian oil and gas company Aker BP has made a minor oil and gas discovery with its 2/8-19 well, which is located near the Valhall field in the North Sea offshore Norway.
NEWS |
IOG Resumes Production from Saturn Banks Fields
UK-based oil and gas company IOG has resumed production from its Saturn Banks fields in the North Sea at reduced levels following a halt in May due to Perenco Bacton terminal's issues with handling th (...)
NEWS |
Aker Solutions bags another North Sea extension with ConocoPhillips
U.S.-headquartered energy giant ConocoPhillips has awarded another extension for maintenance and modification work on its North Sea fields to Norway’s offshore engineering services provider Aker Solut (...)
NEWS |
Shell Gets Green Light To Develop Jackdaw Gas Field
Shell Plc won official consent to develop the Jackdaw natural gas field in the UK’s North Sea, eight months after the country’s regulator blocked the project on environmental concerns.
NEWS |
Treasury under pressure to clarify windfall tax rules
Chancellor Rishi Sunak is under pressure to clarify details around his windfall tax amid growing fears it could take up to £17.5billion from the North Sea.
NEWS |
Climate activists vow to fight as new gasfield gets go-ahead in North Sea
Environmentalists are threatening legal action in an attempt to halt the development of a new gasfield in the North Sea that has been given the green light by the UK government.
NEWS |
Serica Energy reassures on impact of UK windfall tax
Serica Energy has sought to reassure investors that it can use incentives built into the UK’s new windfall levy on North Sea oil and gas producers to reduce its tax bill, following a steep drop in its (...)
NEWS |
Harbour Energy seeks permit to develop North Sea field as subsea tie-back
UK oil and gas company Harbour Energy has filed its environmental statement with the UK authorities for the development of the Talbot field located in the North Sea.
NEWS |
Norway’s Hywind Tampen offshore wind farm project makes progress
Four of the 11 wind turbines in Norway’s first offshore wind farm have now been installed, towering 190 m over Fensfjorden before being towed out into the North Sea for offshore floating power generat (...)
NEWS |
Shell and UK Government Talk Up North Sea Oil and Gas
The UK government got together with Shell Plc in London this week to talk up North Sea oil and gas, the latest sign of the country’s pivot back toward domestic fossil fuels since Russia’s invasion of (...)
NEWS |
Centrica applies to reopen Britain’s biggest gas storage site
Centrica has submitted a formal application to the North Sea energy regulator to reopen Rough, Britain’s biggest natural gas storage site, as ministers race to secure more domestic energy supplies in (...)
NEWS |
OGV Energy's UK North Sea Energy Review - June 2022
The much debated and rumoured windfall tax on profits of oil and gas companies operating in the UK North Sea dominated the conversation in the offshore energy sector in the UK in May.
NEWS |
Windfall tax would put investment in North Sea at risk, says Sir Ian Wood
A windfall tax on North Sea oil companies would lead to investments being shelved and leave the UK less secure in the face of energy treats from Russia, according to one of the biggest players in the (...)
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