UK ‘committing suicide economically’ over North Sea policies, Hunting CEO says
Hunting CEO Jim Johnson sees strong growth for the 150-year-old firm in South America and the Middle East, but his outlook is less positive for the UK.
North Sea oil and gas
NSTA considers naming operators that fail to meet decommissioning deadlines
The North Sea Transition Authority (NSTA) regulator is warning it could soon name and shame operators who fail to meet decommissioning deadlines.
Norway oil output, renewable push go hand-in-hand, Aker BP says
Norway must make more area available for hydrocarbon exploration and scale up the country’s nascent renewable sector in order to protect domestic suppliers of parts and services, according to the head of the country’s second biggest oil and gas company.
Did ‘oil capital’ Aberdeen dodge a bullet in independence referendum No vote?
The price of oil was baked into the independence project - and prices plummeted right after the 2014 referendum as the downturn took hold.
Germany faces tough call on drilling in protected North Sea marine zone
Germany will scrutinize an application to drill for natural gas at a protected marine site after explorer One-Dyas BV cleared a key hurdle with local authorities.
Orcadian no longer a ‘one-trick pony’ after licence agreement with NSTA
Orcadian Energy also said its viscous oil projects containing 'post-transition' hydrocarbons will be a good feedstock for lubricants and EV battery components.
UKSIF accuses North Sea firms of ‘delaying tactics’ and ‘failing to invest’ in energy transition
The windfall tax is an "appropriate mechanism" because North Sea oil and gas firms have "consistently failed to invest" in the energy transition, according to the head of a sustainable finance group.
Zenith Energy opens new Aberdeen city centre office
The well management company will have 40 staff across two sites.
Harbour Energy and Petrogas set to drill North Sea exploration wells
North Sea operators Harbour Energy and Petrogas are set to drill two exploration wells in the UK Continental Shelf in the coming months.
Swedish floating wind firm SeaTwirl to explore offshore electrification with Serica Energy
Swedish floating wind turbine developer SeaTwirl has signed a memorandum of understanding with Serica Energy to explore electrification of offshore assets.
Treasury minister meets with oil and gas leaders in Aberdeen to calm EPL fears
OEUK says next few weeks will be "critical" as Treasury Minister promises ongoing talks on windfall tax changes ahead of October budget.
Former Aberdeenshire oil and gas worker who faced redundancy on career change
Marc Cran started a successful barber business after facing the chop when the oil downturn hit.
GMB and BRINDEX urge UK government to listen to oil and gas workers
GMB, one of Labour's biggest financial backers and a group made up of the North Sea's biggest independent producers, have joined forces to warn about the impact government's plans on workers.
North Sea offshore workers on Ninian hub left with limited power
Offshore workers on the Ninian Central platform in the North Sea endured five days with only limited emergency power generation due to “planned” repairs.
Tory leader candidate admits windfall tax extension was mistake in Aberdeen visit – and now Labour are ‘doubling down’
Leadership hopeful Kemi Badenoch was in the north-east to hear where the Conservative government had "gone wrong".
Greenpeace raises over £1m in response to Shell Penguins FPSO lawsuit
Environmental campaign group Greenpeace UK has raised over £1 million from supporters in response to a lawsuit from North Sea operator Shell (LON:SHEL).
Aberdeen councillors say Labour’s windfall tax puts just transition at risk
Aberdeen councillors, including Labour members, have unanimously backed a motion agreeing the UK government's windfall tax policy puts jobs and a just transition at risk.
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.
Viaro to take full ownership of Shell and Exxon Southern North Sea assets
Independent North Sea operator Viaro Energy will take full ownership of Shell and ExxonMobil assets in the Southern North Sea.
Shell starts drilling at Deltic Energy Selene well
North Sea operator Shell has commenced drilling operations at the Selene prospect, Deltic Energy (AIM:DELT) announced today.
Windfall tax changes to ‘hasten demise’ of North Sea
North Sea observers decry "utter economic insanity" as UK government confirms windfall tax increase and extension to March 2030.
Labour councillor says business group to blame if GB Energy snubs Aberdeen
An Aberdeen Labour councillor said the "negativity" of local business leaders will be to blame if his party does not select the Granite City as the headquarters for GB Energy.
Centrica profits fall in half-year results, Spirit Energy up
Centrica (LON:CNA) profits fell substantially in its half-year results in what the British Gas owner says is a return to a "more normalised environment".
HSE warns North Sea firms after Apache enforcement notice
The Health and Safety Executive (HSE) is urging North Sea operators to pay closer attention to offshore safety after issuing a warning to Apache.
UK needs ‘strategic approach’ to energy transition skills agenda, says 3t chief
The head of training firm 3t is calling for a more strategic approach to skills policy to ensure there are enough skilled workers for the UK energy transition.