Regional
north sea offshore oil and gas
Regional

Wood Group Shares Rise on Fresh £242m Takeover Approach from Dubai’s Sidara

Struggling UK oilfield services and engineering firm Wood Group has received a fresh takeover proposal from Dubai-based Sidara. The proposal…
Humza Yousaf
Regional

SNP Government talked down oil and gas industry by failing to back up spurious claim made by Humza Yousaf

Exclusive: The former First Minister publicly lambasted a Tory UK Government decision to give the green light to the Rosebank…
Helge Lund to step down as bp’s Chair
Regional

Helge Lund to step down as bp’s Chair

The company’s board of directors is set to begin the search for his successor, with the transition is expected to…
Valaris 123 rig; Source: Porthos
Regional

WATCH: Valaris rig goes to play its role in North Sea gas asset’s rebirth as EU’s CCS playground

A jack-up rig, owned by the Bermuda-headquartered offshore drilling contractor Valaris, has come to the North Sea to do its…
north sea offshore oil and gas
Regional

Trump tariff war shows why we need to get our own oil and gas from the North Sea

We should stand up to this assault because we have the means to do so At a time when belts…
Drilling rigs operate at sunset in Midland
Regional

UK onshore oil and gas production in figures and charts – January 2025

The volume of UK onshore gas fell nearly 4.5% in January 2025, compared with the month before. This was the…
TotalEnergies declines extension for North Sea rig deal
Regional

TotalEnergies declines extension for North Sea rig deal

TotalEnergies EP Denmark has notified Shelf Drilling that it intends to terminate a rig contract in the Danish North Sea…
Serica receives NSTA approval for Parkmead acquisition as optimism returns
Regional

Serica receives NSTA approval for Parkmead acquisition as optimism returns

Serica Energy has received regulatory consent to complete the acquisition of Parkmead’s North Sea assets. Serica announced in December that…
North Sea oil firm Serica cuts output guidance after Storm Éowyn delays
Regional

North Sea oil firm Serica cuts output guidance after Storm Éowyn delays

Serica expects to deliver between 33,000 and 37,000 boepd per day this year Serica Energy has reduced its annual output…
offshore north sea oil platform image
Regional

We need billions of barrels by 2050

With forecasts indicating that the United Kingdom (UK) will need billions of oil and gas barrels by 2050 amidst the…

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