A host of North Sea environmental statements (ES), lodged between April and August, are still to be rubber stamped, with some expected to receive sign off before the year is out.
Ithaca Energy has filed key regulatory paperwork for the next phase of its £400 million enhanced oil recovery (EOR) programme at the North Sea’s Captain field.
North Sea-focused E&P company Ithaca Energy said it made $249m (£187m) in pre-tax profits during the quarter, with higher commodity prices offsetting production shutdowns.
Worley says a contract it won on Ithaca Energy's Captain EOR project in the central North Sea would create work for more than 60 onshore employees.
Energy service firm TechnipFMC has clinched a contract with Ithaca Energy for the Captain enhanced oil recovery (EOR) project in the UK North Sea.
The next 24 months will see a “rebound” in work for the UK North Sea, according to Westwood Global, with a clutch of offshore projects for contractors to keep an eye on.
Experts from EY, Wood Mackenzie and NorthStone Advisers say setting renewable energy targets will be high on oil and gas firms' agendas.
Ithaca Energy is still planning to move ahead with a project to boost production from one of its flagship North Sea fields this year, despite deferrals and slashed spending.