North Sea redevelopments ‘on the rise’, but which projects are seeing success?
Brent and Skua are seeing new life through Shell's Penguins and BP's Murlach redevelopments while doubts are cast on other redevelopments.
Brent and Skua are seeing new life through Shell's Penguins and BP's Murlach redevelopments while doubts are cast on other redevelopments.
Engineering firm Wood has been awarded a "major" multi-million dollar contract to deliver topside modifications for a BP subsea tieback in the UK North Sea.
BP (LON: BP) and Serica Energy (AIM: SQZ) have respectively extended contracts with Noble Corporation and Odfjell Technology in the UK North Sea.
Government and regulators have signed off on BP (LON: BP) plans for the Murlach oil and gas redevelopment in the North Sea.
Ithaca Energy (LON: ITH) has celebrated first oil from Abigail, a tiny North Sea oil and gas field which made national headlines this year.
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.
A handful of North Sea oil and gas schemes have been included in a list of infrastructure projects the UK Government is aiming to fast track.
BP has announced plans to invest £18 billion in the UK energy system by 2030, with the North Sea at its heart, days after calls were once again raised for an oil and gas windfall tax.
BP is pressing ahead with plans to develop the Murlach oil and gas field in the UK North Sea, hailed by industry leaders as "vitally important" for maximising domestic supply.