Serica Energy plc Update on proposed acquisition of UK North Sea assets from BP
Following the announcement on 13 October 2025 that it had signed an agreement to acquire the entirety of BP’s stake…
Regional
Energy Profits Levy: UK’s 78% Tax Rate Impact Analysis
Understanding the UK’s Energy Windfall Tax Structure The energy profits levy represents Britain’s aggressive approach to capturing exceptional earnings from…
Regional
Offshore Energy UK’s new safe weight limit policy could affect 5,000 offshore oil and gas workers
Thousands of offshore oil workers will need to lose weight to meet new safety standards – posing concerns some jobs…
Regional
Aker BP’s Well in North Sea Comes Up Dry
Aker BP and its partners have drilled a well in the Yggdrasil area in the North Sea, which proved to…
Regional
North Sea oil firm Harbour Energy axes 250 more jobs as pressure mounts on Labour to scrap windfall tax
North Sea oil producer Harbour Energy has slashed another 250 jobs as the windfall tax hits its UK operations. The…
Regional
Gas firms call for energy profits levy overhaul
The company running Teesside’s natural gas terminal has claimed that unless the government rethinks a levy on oil and gas…
Regional
Serica Energy plc Farm-in to UK North Sea P2530 Licence
Serica is pleased to announce that it has reached agreement with Finder Energy for a 40% interest in the P2530…
Regional
INEOS celebrates 50 years of the Forties Pipeline System and warns Britain is squandering its energy independence
INEOS celebrates 50 years of the Forties Pipeline System, a feat of British engineering that has safely delivered over 9.6…
Regional
UK’s Reeves looks at early scrapping of windfall tax on oil and gas sector, FT reports
Britain’s finance minister, Rachel Reeves, could scrap a windfall tax on the country’s oil and gas industry a year earlier…
Regional
£2 million invested in offshore wind cable testing in North East England
The Offshore Renewable Energy (ORE) Catapult, in partnership with the North East Combined Authority, have announced a £2.1 million investment…
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