Regional2 months agoSerica Energy plc Proposed acquisition of UK North Sea assets from BPSerica Energy plc is pleased to announce the signing of an agreement to acquire the entirety of BP’s stake in…
Regional2 months agoScottish billionaire businessman Sir Ian Wood’s ‘utterly remarkable’ donation to the North EastBillionaire businessman Sir Ian Wood has donated £40 million from his family charity in a bid to drive the energy…
Regional2 months agoSerica Cuts Oil Output Guidance Amid Issue at North Sea PlatformUK North Sea oil and gas producer Serica Energy plc on Wednesday cut its production guidance, again, amid persistent issues…
Regional2 months agoDI wants to extend gas production in the North SeaTyra II currently has permits to produce until 2042, eight years before the Danish Parliament’s North Sea Agreement officially puts…
Regional2 months agoScottishPower opens new Edinburgh office in record £10bn investment in ScotlandScottishPower is investing a record £10bn in Scotland as it embarks on a major electricity grid rewiring. Last week the…
Regional2 months agoEnQuest: Government’s windfall tax has made North Sea oil ‘globally uncompetitive’Labour must ‘act now’ to save Britain’s oil and gas sector and avert the ‘death of the UK’s energy transition…
Regional2 months agoIncreasing North Sea production found to not hinder UK emissions complianceWood Mackenzie finds the UK could increase North Sea production by 50% and still outperform the strictest international climate pathways…
Regional2 months agoIthaca completes Cygnus acquisitionThis is the second acquisition for Ithaca Energy this year London-listed independent Ithaca Energy has completed the acquisition of a…
Regional2 months agoShell begins production at Victory gas field in UK North SeaThe majority of the field’s recoverable gas is expected to be extracted by the end of this decade. Shell UK…
Regional2 months agoReeves signals North Sea climbdown in blow to MilibandRachel Reeves has suggested Labour will soften its crackdown on North Sea oil in a blow to Ed Miliband’s net…
