Hartshead Resources outlines ‘exciting and encouraging’ 33rd round licences
North Sea operator Hartshead Resources (ASX:HHR) estimates it now holds more than a trillion cubic feet of gas reserves following the 33rd Licensing Round.
North Sea operator Hartshead Resources (ASX:HHR) estimates it now holds more than a trillion cubic feet of gas reserves following the 33rd Licensing Round.
Australian operator Hartshead Resources is moving closer to a field development plan for its Anning and Somerville development
Orcadian Energy also said its viscous oil projects containing 'post-transition' hydrocarbons will be a good feedstock for lubricants and EV battery components.
Co-location conflicts between oil and gas projects and wind farms have been blamed for delaying approvals in the 33rd Offshore Petroleum Licensing Round.
Orcadian Energy (AIM:ORCA) has agreed a provisional farm-in deal with an undisclosed partner on a licence containing the Earlham discovery in the Southern North Sea (SNS).
There's talk that this could this be the last licencing round given the rhetoric from Labour.
Australian operator Finder Energy (ASX:FDR) has outlined its plans for two licences it received in the latest tranche of the 33rd licensing round.
Analysts have warned the long-delayed results of the UK’s 33rd licensing round could see developers hand back the North sea licences awarded to them.
The third tranche of the 33rd offshore licensing round sees 19 companies awarded North Sea licences
A third and final wave of North Sea licences are expected to be awarded on Friday for the regulator’s 33rd offshore round.
Orcadian Energy CEO also said first oil could be achieved at its Pilot development by 2028
17 companies scooped licence offers in the latest tranche of awards as part of the 33rd round, with plans for some prospects already in the works.
The UK oil and gas regulator has issued 24 new North Sea exploration licences as part of its latest Licensing Round, with oil majors Shell, BP and TotalEnergies among the winners.
Debate kicks off this week over the government’s plans to hold annual oil and gas licensing rounds, as the legislative bill receives its second reading in Parliament.
Australian oil and gas explorer Finder Energy (ASX:FDR) has outlined details of its Boaz gas prospect in the Central North Sea.
Fresh from securing a farm-out deal, Orcadian Energy boss Steve Brown points to the strategic advantages of a new floating development at Pilot in the central North Sea.
The Athena team has been involved in the discovery of more than 10 billion barrels in the North Sea and West Africa.
The UK Government plans to award North Sea oil and gas licences every year in new legislation being announced this week.
The UK's offshore regulator has published details of the companies which have secured licence offers as part of its latest North Sea Licensing Round.
Oil and gas sector representatives have welcomed the offer of dozens of new exploration licences across the North Sea as part of the 33rd Licensing Round.
Environmental campaign group Greenpeace has vowed to appeal after it lost a legal challenge against a new major UK oil and gas licensing round.
Orcadian Energy has completed a further share issue, raising funds to progress a proposed farm-out deal and pay off debts.
A “fundamental belief” that the UK should be developing its North Sea resources is the big driver behind Chris Cox’s new vehicle, Curium Resources.
With questions hanging over the future of North Sea licences, legal experts have floated potential solutions which could reassure firms over the safety of new investments.
SNP Westminster leader Stephen Flynn said the Tories “appear to have adopted an almost Donald Trump-like stance of ‘drill, baby, drill’.”