Co-owners in UK North Sea oil development ready to restart
But first they need the UK government to urgently clarify the fiscal settings The joint venture partners in the large…
Regional
UK could face importing 70% of oil and gas needs by 2030, new report warns
The UK could have to import 70% of its oil and gas demand by the end of this decade if…
Regional
Oil and gas industry touts ‘tiebacks’ to boost North Sea production
Viability of linking new production to existing hubs explored as calls grow for extensions to existing licences For Donald Trump,…
Regional
North Sea oil and gas will disappear ‘within years, not decades’ without Labour tax reforms
The industry body for the North Sea has called for the Chancellor to reform a controversial tax policy in her…
Contracts
Shelf Drilling Announces New Long-Term Contract in Dutch North Sea
Shelf Drilling, Ltd. (Shelf Drilling) announced today that a subsidiary of Shelf Drilling (North Sea), Ltd. (“Shelf Drilling North Sea”…
Decommissioning
Allseas vessel removes giant North Sea Heather A topsides
The platform decommissioning and recycling project involved three years of preparation, including structural modifications and offshore work, culminating in a…
Regional
North Sea Transition Authority – Nobel/Gryphon judgment
We welcome the court’s ruling which recognises that we acted correctly in upholding our Strategy. Our advice to the Secretary…
Regional
Chancellor defies critics and insists North Sea windfall tax is ‘fair’
Rachel Reeves has claimed the windfall tax on North Sea oil and gas firms “remains fair” as she ignored growing…
Regional
Aker BP’s $6.6 Billion Investment Set to Extend Production by 40 Years
Norwegian oil and gas company Aker BP is in the final stages of its multi-billion dollar Valhall PWP-Fenris project, designed…
Contracts
UK Oil and Gas Sector Sees Significant Contract Wins, Driving Future Opportunities in the North Sea
ABERDEEN, SCOTLAND – June 30, 2025 – The UK’s North Sea energy sector is forging a dynamic future, marked by…
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