Equinor’s Rosebank oilfield approval expected within weeks
A look ahead to Rosebank's approval and the process to getting there.
West of Shetland
Hurricane Energy buyer Prax plans North Sea growth surge (exclusive)
Firm seeks to expand production six-fold through North Sea acquisitions
TotalEnergies to carry out further analysis after underwhelming find at Benriach
A North Sea prospect operated by TotalEnergies (PARIS: TTE), and hyped up by analysts, has come in under estimations.
Who are the billionaire couple who now own Hurricane Energy?
Last year's record fuel prices catapulted them into Rich List territory.
Updated: Prax completes takeover of Hurricane Energy
Prax Group has announced the completion of its takeover of West of Shetland firm Hurricane Energy.
Podcast: ‘Rosebank and other new developments are absolutely critical’ says OEUK chief
Over half of UK's fields are expected to cease production in the next decade, underlining the importance of projects like Rosebank, argues David Whitehouse.
Rosebank approval still on OPRED’s desk, confirms Ithaca
Ithaca was also asked about the UK political climate, and Equinor’s 80% share in Rosebank.
Disappointment for BP at Ben Lawers in West of Shetland
No discovery at the well, which had pre-drill estimates of 70 million barrels.
Kistos ‘ready to sanction’ TotalEnergies gas projects in West of Shetland
Kistos (LSE: KIST) says it is “ready to sanction” the Glendronach and Edradour West projects in the West of Shetland, pending agreement with operator TotalEnergies.
Shell launches fresh sales process for stake in Cambo oilfield
Shell has launched a six-month marketing process for its 30% stake in the Cambo oilfield in the West of Shetland.
BP top brass hail ‘step change’ in operations at Schiehallion
Digitisation efforts at the field are like “nothing I’ve ever seen in my career", said CFO Murray Auchincloss.
Success at Benriach would ‘partially de-risk’ nearby West of Shetland prospects
TotalEnergies (PARIS: TTE) could be in line for a “significant boost” if a discovery is made at a key West of Shetland prospect.
EU Lawmakers call on UK to scrap Rosebank oilfield plan ahead of summit
A group of 40 European Union lawmakers have called on UK Prime Minister Rishi Sunak to scrap plans to develop the Rosebank oil and gas field ahead of an energy summit next week.
Flylogix: BP-backed drone firm lands in administration
Flylogix, an oil and gas drone firm which had millions of pounds invested from energy giant BP and fund manager Amati, has gone into administration.
Exclusive: BP eyes third phase of Clair oil giant
BP (LON: BP) is looking to the next phase of its giant Clair oilfield in the west of Shetland, with a key final investment decision (FID) hoped to be reached next year.
TotalEnergies spuds West of Shetland ‘well to watch’
French supermajor TotalEnergies (LON: TTE) has begun drilling a hotly anticipated exploration well West of Shetland.
Equinor boss wants Rosebank FID before Offshore Europe, as activists threaten ‘tidal wave’ of action
Arne Gurtner, Equinor's senior vice president for the UK, told an OEUK event that he wants the industry to be talking about FID on Rosebank by the time Offshore Europe rolls around.
Prax to use Hurricane to make more ‘significant acquisitions’, says investor
Prax Exploration and Production intends to use Hurricane Energy (LON: HUR) as a vehicle to make further “significant acquisitions”.
Analysts: Laggan-Tormore, Clair Ridge among potential targets for Viaro
A handful of West of Shetland assets have been highlighted by industry experts as potential acquisition targets for Viaro Energy.
Foinaven divestment to BP a win-win for both sides, says Viaro boss
Viaro Energy has explained its decision to offload its interest in a West of Shetland field, thought to still hold vast oil reserves.
Appetite for investment: Equinor boss says Suncor deal shows ‘commitment to the UK’
Concerns around the windfall tax may see some companies look beyond the UK for M&A deals – but not Norway’s Equinor (OSLO: EQNR).
Equinor acquires Suncor North Sea business in $850m deal
Norwegian oil giant Equinor (OSLO: EQNR) has signed an $850m deal to acquire the UK North Sea business of Canadian firm Suncor (TSE: SU).
Viaro at ‘very advanced stage’ of deal for ‘large’ North Sea production assets
Viaro Energy’s buying spree shows no sign of letting up, with the company in the final phases of a deal for more North Sea fields.
North Sea windfall tax could hit Ithaca’s Cambo FID timeline, according to reports
The UK's fiscal landscape means a final investment decision (FID) on the controversial West of Shetland Cambo project could be kicked down the road.
Deal: Viaro acquires West of Shetland player Spark Exploration
Viaro Energy has continued its North Sea acquisition run with the takeover of Spark Exploration, giving it a hopper of West of Shetland targets.