Omani firm Petrogas makes first gas discovery in UK North Sea
Omani operator Petrogas has announced its maiden offshore gas discovery in the UK North Sea following a recent drilling campaign.
Omani operator Petrogas has announced its maiden offshore gas discovery in the UK North Sea following a recent drilling campaign.
North Sea operator Apache (NYSE:APA) has said it will cease operations in the UK by the end of 2029, blaming the impact of the windfall tax.
The UK has historically had a cross-party consensus on the need to tackle climate change among most politicians and voters. Only five MPs voted against the Climate Change Act in 2008, and both Labour and the Conservatives have committed to the targets enshrined in it at each subsequent election.
Glacier Energy has snapped up another firm based in the North East of England as it aims to double in size.
Harbour Energy's new international assets will "outweigh the rundown" of its UK portfolio following its Wintershall DEA buyout, according to an analyst.
Wood (LON:WG) has announced a shock review of its books following write-offs of large scale contracts prompting another share price collapse for the beleaguered energy services group.