North Sea
North Sea oil and gas companies face an effective tax rate of 78 per cent on their profits
Regional

Axe oil and gas windfall tax before 2030, urges task force

North Sea steering group calls on ministers to ‘act now to restore investor confidence’ The UK government should replace the…
Environmentalists Seek to Suspend 31 Oil, Gas Licenses in UK’s North Sea
Regional

Environmentalists Seek to Suspend 31 Oil, Gas Licenses in UK’s North Sea

An environmentalist group called Oceana has filed a lawsuit to prevent oil and gas exploration under 31 North Sea licenses,…
Ithaca lifts output plan, presses on with Rosebank
Regional

Ithaca lifts output plan, presses on with Rosebank

North Sea oil and gas company Ithaca Energy has forecast higher 2025 production after recently acquiring the UK assets of…
Safety Excellence Celebrated at IADC North Sea Chapter Awards
Company news

Safety Excellence Celebrated at IADC North Sea Chapter Awards

The IADC North Sea Chapter has once again recognised outstanding safety practice at the 52nd Annual Safety Awards, supported by…
Regional

The new North Sea projects that could provide half of UK’s oil and gas needs

North Sea oil fields could produce an extra 2bn to 3bn barrels and boost growth if licences are approved, oil…
offshore-oil-and-gas-platform
Regional

North Sea could produce half of UK oil and gas by 2050, industry urges

The oil and gas industry is “peddling a fantasy”, campaigners have warned after bosses said the North Sea could produce…
‘Pragmatic’ offshore energy investment policy key to ensure UK’s supply chain stays put
Regional

OEUK fire warning to the government that the UK supply chain is at risk

With research showing that nine out of ten companies perceive business playgrounds in other countries as better suited for investment…
Var-Energis-Jotun-FPSO-Heads-for-North-Sea-for-Balder-X-Project
Regional

Var Energi’s Jotun FPSO Heads for North Sea for Balder X Project

Vår Energi’s Jotun floating production, storage and offloading vessel (FPSO) has started making its way from the Worley Rosenberg yard…
FPSO sets its sails toward North Sea project with oil production extension to 2045 in mind
International

FPSO sets its sails toward North Sea project with oil production extension to 2045 in mind

Norwegian oil and gas player Vår Energi has confirmed the tow-out of a floating production, storage, and offloading (FPSO) vessel…
Motive backs North Sea growth with six figure investment in Peterhead facility
Company news

Motive backs North Sea growth with six figure investment in Peterhead facility

Peterhead, Scotland – 6th March 2025 – Motive Offshore Group (Motive), a leading provider of rental, inspection, and engineering services…

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