Serica takes FID on Belinda discovery: ‘A decision that should have been straightforward’
Serica has committed £25m to the Belinda project so far - and expects to spend around £100m overall.
Oil & Gas
1,100 jobs secured as TotalEnergies extends maintenance contract with PBS
Oil services consortium PBS has secured an extension to a major general maintenance and operations contract (GMOC) across TotalEnergies' North Sea assets, covering work for 1,100 people.
Which candidates is Serica looking at for its vacant CEO position?
Serica Energy (LON: SQZ) is on the hunt for a new chief executive as Mitch Flegg has stepped down following six years at the helm.
NZTC and NSTA launch roadmap for emissions measuring and monitoring tech
The Net Zero Technology Centre (NZTC) and the North Sea Transition Authority (NSTA) have launched a new resource hub focused on emissions measuring and monitoring technology.
Windfall ‘has long gone’ Serica boss says as earnings fall
Lower commodity prices left Serica Energy’s earnings lower in 2023 compared to the previous year, prompting the firm's chairman to hit out at the windfall tax.
2024 ‘off to a good start’ for Baker Hughes as earnings climb
With earnings before tax up 21% year-on-year chairman and chief executive of Baker Hughes, Lorenzo Simonelli, said "2024 has gotten off to a good start”.
Is the UK falling behind Norway on cross-border CO2 transport and storage?
The UK risks wasting its "naturally advantageous position" on CO2 transport, according to one analyst.
Shell vessel to find new life as part of Oslo activity park
Parts of the Curlew FPSO are being recycled and reused for a new project in Norway’s capital.
Houston would welcome Shell and BP, says ex US energy sec
“I’m inviting all European oil and gas companies to relocate to America."
‘UK powerhouse’: Ithaca Energy confirms North Sea combination with Italian oil giant Eni
The combined UK group will produce over 100,000 barrels per day with a market cap of around £2bn.
Valaris rig heads for North Sea contracts with Ithaca Energy and Shell
Valaris (NYSE: VAL) has mobilised its 123 jack-up rig for work with Ithaca Energy, Shell and TAQA in the North Sea which could keep it busy for the next two years.
Shell, TotalEnergies in talks for stakes in Adnoc LNG plant
Adnoc is expected to make a final investment decision on the Ruwais LNG export project as soon as next month.
Kistos takes over two EDF gas storage sites for £25 million
Kistos (LSE: KIST) has acquired a 100% stake in EDF Energy's gas storage company, resulting in the firm picking up two UK storage sites.
Revealed: North Sea firms with the largest gender pay gaps
Equinor is paying women more than men on average with other operators like CNR International and Perenco falling well below the UK gender pay gap average.
Aker BP brings Hanz subsea tieback onstream
Norwegian oil and gas firm Aker BP (OSE:AKRBP) has announced the start up of production from the Hanz development in the North Sea.
Galp jumps after saying Namibia project may be important find
Galp estimates reserves at the Mopane field in Namibia could be as high as 10 billion barrels of oil equivalent or higher.
BP rejects call for extra pension payout boost for UK workers
BP Plc declined to boost defined benefit payments to retired UK workers by an extra 2% this year, saying that its pension payouts have already been outpacing inflation over the past decade.
10 deaths in five years from oil and gas helicopter sector
There have been 10 deaths over a five-year period for the oil and gas helicopter sector, according to new data.
Aviation authorities issue alert over Leonardo AW139 used in offshore flights
Aviation authorities have issued an emergency airworthiness directive relating to the Leonardo AW139 helicopter used in North Sea offshore operations.
Labour Government would mean ‘fundamental reimagining’ of NSTA, Energy Council says
A report published by the Energy Council has suggested that the North Sea Transition Authority (NSTA) would need a 'fundamental reimagining' under a potential Labour government.
‘Bring the party to offshore’ says former Dons player
After seven years at Pittodrie, former Dons star Shay Logan has been spending time kicking off "Brae Alpha's got talent" on a North Sea oil rig.
COSLPioneer arrives at Ettrick for decommissioning work
COSL’s semisubmersible oil rig COSLPioneer has arrived at CNOOC’s (TSX: CNU) Ettrick field to perform a five-well plug and abandonment campaign.
Harding: Taqa faces decom conundrum with three-legged platform
TAQA is looking for a solution to a big challenge in the removal and disposal of its three-legged Harding platform in the North Sea.
OPINION: HHI FDI … We’ve been here before and it failed first time!
The Scottish Government likes the idea of getting into bed with Hyundai Heavy Industries (HHI) to drive the development and mass manufacture of floating offshore wind turbines, initially for deployment in Scottish waters.
Fyne news: Oil field project hits key regulatory milestone
The Fyne oil field, which is being developed by Rapid Oil, Ping Petroleum and Hibiscus Petroleum, has moved from the assessment phase into the authorisation phase.