Regional8 months agoSerica receives NSTA approval for Parkmead acquisition as optimism returnsSerica Energy has received regulatory consent to complete the acquisition of Parkmead’s North Sea assets. Serica announced in December that…
Regional8 months agoNorth Sea oil firm Serica cuts output guidance after Storm Éowyn delaysSerica expects to deliver between 33,000 and 37,000 boepd per day this year Serica Energy has reduced its annual output…
Regional8 months agoWe need billions of barrels by 2050With forecasts indicating that the United Kingdom (UK) will need billions of oil and gas barrels by 2050 amidst the…
Regional8 months agoAxe oil and gas windfall tax before 2030, urges task forceNorth Sea steering group calls on ministers to ‘act now to restore investor confidence’ The UK government should replace the…
Regional8 months agoNEO Energy announces merger with Repsol UK, forming NEO NEXT EnergyNEO Energy has announced a strategic merger with Repsol Resources UK, with the combined group forming a new entity named…
Regional8 months agoDNO continues North Sea ‘hot streak’ with fresh oil & gas findNorwegian oil and gas operator DNO has made an oil and gas discovery in a license it operates in the…
Regional8 months agoIthaca Energy to acquire JAPEX UK E&P from Japan Petroleum ExplorationThe transaction will enhance Ithaca Energy’s working interest in the Seagull oilfield in the UK North Sea from 35% to…
Regional8 months agoEnvironmentalists Seek to Suspend 31 Oil, Gas Licenses in UK’s North SeaAn environmentalist group called Oceana has filed a lawsuit to prevent oil and gas exploration under 31 North Sea licenses,…
Regional8 months agoIthaca lifts output plan, presses on with RosebankNorth Sea oil and gas company Ithaca Energy has forecast higher 2025 production after recently acquiring the UK assets of…
Regional8 months agoThe new North Sea projects that could provide half of UK’s oil and gas needsNorth Sea oil fields could produce an extra 2bn to 3bn barrels and boost growth if licences are approved, oil…