Any division of the UK EEZ could therefore depend at least as much on political issues as legal ones, and the potential for the North Sea boundary to be ‘traded off’ as part of a wider negotiation on the division of UK assets and liabilities.
The UK Government has been forced to admit that it has kept no record of the cost of the groundbreaking public inquiry into the world’s worst offshore disaster.
Safety remains the top priority when transporting oil and gas workers to and from offshore platforms, say helicopter operators as they prepare for one of their busiest periods of the year.
Talisman Sinopec Energy continued its support for the next generation of energy industry professionals as it unveiled the latest recipients of its scholarship programme last night.
Firms which refuse to work together to maximise oil recovery from the North Sea could ultimately be stripped of their licences under plans contained within the Wood Review.
A new regulator with improved powers in the vein of those in Norway and Holland is essential for the long-term future of the UK's oil and gas industry, a leading industry figure has warned.
A new regulator with stronger powers to force companies to work together should take charge of driving the next phase of North Sea development, a new report into the oil and gas industry has recommended.