Hartshead Resources progressing North Sea projects despite windfall tax woes
Australian firm Hartshead Resources (ASX:HHR) is continuing work on its North Sea developments despite ongoing fiscal uncertainty surrounding the windfall tax.
Australian firm Hartshead Resources (ASX:HHR) is continuing work on its North Sea developments despite ongoing fiscal uncertainty surrounding the windfall tax.
The Fynn Beauly prospect still has an opportunity to deliver "significant value" despite ongoing political uncertainty, according to North Sea operator Parkmead Group (LON:PMG).
Australia-listed North Sea operator Hartshead Resources (ASX:HHR) has been placed into a trading halt at the company's request, pending an announcement.
Australian oil and gas explorer Finder Energy (ASX:FDR) has outlined details of its Boaz gas prospect in the Central North Sea.
Shell (LON: SHEL) will need as much as one trillion cubic feet of gas from exploration licences in the West of Shetland to "truly whet its appetite", according to analysis by Wood Mackenzie.
Tailwind Energy, a subsidiary of London-listed (LON: SQZ) Serica Energy, has been awarded a 100% interest in a North Sea block as part of the 33rd licensing round.
Environmental campaign groups have criticised the latest awarding of new oil and gas licences by the North Sea Transition Authority (NSTA).
The award of 27 new oil and gas licences is being hailed as a"welcome boost" for the UK North Sea industry.
More than 100 bids have been lodged for the UK’s 33rd offshore oil and gas licensing round, the industry regulator has confirmed.
The regulator has put even more blocks up for grabs in the new North Sea licensing round which opened last week.