NEO Energy: Profits and production surge at UK’s fifth-largest producer
Revenues at the North Sea operator surged more than four-fold to $3.6bn.
Revenues at the North Sea operator surged more than four-fold to $3.6bn.
Serica Energy has confirmed the completion of commissioning of a new well at the Tailwind Energy-operated Gannet field, with production now online.
Oil majors Shell, BP, TotalEnergies and independent Harbour Energy are nearing a concept selection for electrification of several North Sea platforms.
An oil field in the central North Sea has resumed production seven years after a leak forced its shutdown.
North Sea oil firm Repsol Sinopec Resources UK (RSRUK) has said that shutting down production from Fulmar does not spell the end for the platform.
Oil major Shell said stocks have been replenished on one of its strike hit North Sea assets.
Stocks including fresh water are said to be running out on a North Sea platform hit by strike action.
Shell has undertaken planned stoppages on two of its seven assets affected by North Sea strike action.
The director of WWF Scotland has described the £22,500 handed to Shell following the Gannet oil spill as "paltry" and disappointing.
Energy giant Shell has been fined £22,500 after it admitted committing one of the worst North Sea oil leaks in the past 10 years.
A case against oil major Shell is expected to call at Aberdeen Sheriff Court next week after it was charged following an investigation in a leak at a North Sea platform.
Oil major Shell is reportedly looking to sell its stake In the Gannet field in the North Sea. According to reports in The Times, the oil production platforms and pipelines 110 miles from Aberdeen are being marketed to buyers. As well as the Gannet field, Shell could also sell its 26% stake in the Triton floating production, storage and offloading vessel (FPSO) operated by Dana Petroleum.