Regional
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…
Repsol
Regional

NEO Energy announces merger with Repsol UK, forming NEO NEXT Energy

NEO Energy has announced a strategic merger with Repsol Resources UK, with the combined group forming a new entity named…
Deepsea Yantai, Source- Odfjell Drilling
Regional

DNO continues North Sea ‘hot streak’ with fresh oil & gas find

Norwegian oil and gas operator DNO has made an oil and gas discovery in a license it operates in the…
ithaca-energy
Regional

Ithaca Energy to acquire JAPEX UK E&P from Japan Petroleum Exploration

The transaction will enhance Ithaca Energy’s working interest in the Seagull oilfield in the UK North Sea from 35% to…
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…
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…
Deepsea Atlantic semi-submersible rig - Credit-Odfjell Drilling
Regional

Equinor all set for North Sea oil & gas exploration ops with Odfjell Drilling rig

Norwegian state-owned energy giant Equinor has received the go-ahead from the country’s authorities to use one of Odfjell Drilling’s semi-submersible…
‘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…

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