What does the future hold for UK’s Rosebank and Jackdaw?
UK offshore energy investors are consolidating their assets as the government remains vague on necessary investment criteria - but it could also mean the return of 'dirty word' Cambo.
North Sea
North Sea Oil and Gas
Ex-BP boss Bernard Looney takes chairman job at climate AI firm
Former BP chief Bernard Looney has been named chairman of a climate-focused AI start-up, nearly 18 months on from a scandal which saw him leave the oil giant.
UK grid to ‘remain exposed’ to gas import shocks without clean power 2030 target, report finds
Labour’s clean power by 2030 decarbonisation goal will cut UK gas imports for power generation by 57% and lower the risk of price shocks, according to a report.
Buchan work slows with North Sea firms in ‘holding pattern’ over policy uncertainty
Uncertainty over UK government policy is causing North Sea firms to enter into a "holding pattern", according to BP.
Aberdeen business leader warns UK must avoid New Zealand’s ‘rush’ to end oil and gas licensing
Russell Borthwick, chief executive of Aberdeen and Grampian Chamber of Commerce, held the country up as an example of how not to transition from fossil fuels.
Book Now: New reduced ticket prices available for the Scottish Energy Futures Conference
The countdown is on for the highly anticipated Scottish Energy Futures Conference, set to take place on March 4-5 2025 at Aberdeen’s P&J Live. Hosted by Aberdeen Renewable Energy Group (AREG) and SPE Aberdeen, this event will bring together decision-makers, industry experts and policymakers to discuss and shape the future of Scotland’s energy sector.
All North Sea Posts
Buchan floating wind farm to open fresh consultation
The developers of the Buchan floating offshore wind farm will hold a second round of consultations on the project.
UK spent ‘more money doing less’ on decommissioning in 2023
Rising costs meant North Sea operators spent "more money doing less work" on offshore decommissioning in 2023, according to an industry report.
Aberdeen’s Well-Safe Solutions secures £20m in North Sea decom contracts
Well decommissioning specialist Well-Safe Solutions has secured two contracts with North Sea operators worth $25 million (£19.8m).
Rosebank axing would cost jobs and money, court hears
A landmark hearing concluded Friday that will decide the future of Rosebank, the UK’s largest undeveloped oil field.
Ocean Winds installs final turbine at Moray West
Ocean Winds has installed the 60th and final wind turbine at its Moray West offshore wind farm in the Moray Firth.
Deltic shares surge on ‘highly encouraging’ Shell backing for Selene well
Shell (LON:SHEL) has given the green light to the next stage of a gas discovery in the Southern North Sea, delivering a shares boost for its partner Deltic Energy (AIM:DELT).
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.
Apache to cease North Sea production by 2030 due to windfall tax
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.
What Kemi Badenoch means for the UK’s fragile consensus on climate change
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.
Aberdeen’s Glacier Energy snaps up another North East England firm
Glacier Energy has snapped up another firm based in the North East of England as it aims to double in size.
Harbour Energy international assets to ‘outweigh’ sale of UK portfolio
Harbour Energy's new international assets will "outweigh the rundown" of its UK portfolio following its Wintershall DEA buyout, according to an analyst.
Wood shares collapse as it orders investigation into contract write-offs
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.
NSTA poised to unveil new TWIST to support decommissioning sector
The North Sea Transition Authority (NSTA) is ramping up its ‘carrot and stick’ approach to decommissioning as the regulator prepares to unveil a new TWIST.
UK oil and gas firm looks to Middle East amid North Sea uncertainty
For many North Sea oil and gas supply chain firms, attending the annual ADIPEC conference in the Middle East has been a key part of efforts to expand internationally.
Nexos secures North Sea HVAC crew deal with EnQuest
Aberdeen offshore services provider Nexos has secured a contract with North Sea operator EnQuest (LON:ENQ) to provide HVAC services at its Thistle and Magnus platforms.
The importance of decommissioning wells in the North Sea
The North Sea has been a powerhouse of oil and gas production for over five decades.
Lawsuit aims to stop Gryphon decommissioning
An independent operator has filed a lawsuit to stop plans to decommission the Gryphon floating production storage and offload (FPSO) vessel.
Brent Charlie topside loaded in to UK port for decommissioning
Mammoet has skidded the Brent Charlie topside into place for decommissioning at the Able Seaton Port in Hartlepool.
Decommissioning technology puts intervention at the FrontRow
Decommissioning of North Sea wells and infrastructure is happening – but perhaps more slowly than the supply chain supporting the activity had hoped.
Aberdeen’s Exceed secures Centrica Rough contract
Well and reservoir management firm Exceed has secured a contract with Centrica Energy Storage for the redevelopment of the Rough gas storage field.
North Sea mental health charter gains momentum
Mental Health in Energy’s seminar in Aberdeen united major industry figureheads to share how mental health support can be cultivated within the energy industry.
Petrogas now sole equity owner of Baker exploration well
Well Slot is a monthly feature where Westwood’s Stephen Coomber looks at drilling activity and rig moves in UK and Norwegian waters.
Abu Dhabi deals for North Sea firms TWMA and Osso
Aberdeen drilling waste management firm TWMA has extended a contract in United Arab Emirates (UAE) in a deal worth $70 million (£54.3m).
France’s TotalEnergies unveils $4.1 billion profit in quarter
French energy giant TotalEnergies (PARIS:TTE) hailed "robust" results for the third quarter of the year despite a decline in margins.
Shell reveals another shareholder boon on $6 billion quarterly profit
Shell (LON:SHEL) unveiled a better-than expected $6 billion (£4.6bn) profit and another investor-pleasing buyback on the back of an increase in gas production.
