UK North Sea to lead global charge on major subsea projects
The UK will lead the way on the number of major subsea projects coming globally over the next five years, according to new analysis.
North Sea
North Sea decom could take back seat until 2025 as operators grapple with EPL
Just as thing seemed to be looking up for the sector, decommissioning could be pushed to the back of the queue once again.
Who is Andrew Austin? North Sea dealmaker targeting Serica Energy
Andrew Austin has a track record of dealmaking in the North Sea and has now set his sights on independent Serica Energy (LON: SQZ).
More than 100 leaders sign letter demanding green freeport in Aberdeen and Peterhead
Over 100 leaders representing more than 20,000 people living and working in the north-east have signed a letter calling for a green freeport to be based in Aberdeen and Peterhead.
Port of Leith signs marshalling deal for giant BP Morven wind farm in North Sea
Port of Leith has signed a marshalling deal for the giant Morven wind farm from BP and EnBW to be built in the North Sea.
Serica Energy denounces ‘unattractive’ bid from Kistos
Serica Energy (LON: SQZ) has issued a lengthy statement denouncing the bid from smaller rival Kistos (LON: KIST) as “significantly undervaluing” the company.
ConocoPhillips gets approval for £1bn UK-Norway North Sea project
ConocoPhillips (NYSE: COP) has received approval from UK and Norwegian authorities for a £1 billion cross-border field in the North Sea.
Updated: Serica advises investors to hold fire as Andrew Austin’s Kistos unveils merger proposal
Serica Energy (LON: SQZ) has knocked back a proposed merger by North Sea counterpart Kistos Energy (LON: KIST).
Waldorf enters agreement to buy North Sea upstream firm Alpha Petroleum
Waldorf Production has struck an undisclosed deal to takeover North Sea oil and gas firm Alpha Petroleum Resources.
Windfall tax on oil and gas profits takes a step closer to becoming law
The Government's windfall tax on the soaring profits of oil and gas companies has taken a step closer to becoming law.
Serica spuds North Sea exploration well
North Sea operator Serica Energy (LON: SQZ) spudded the North Eigg exploration well this morning.
Firm unveils multi-billion pound INTOG plans to decarbonise ‘every platform in North Sea’
A pioneering offshore wind firm has unveiled details of its multi-billion pound INTOG plans; aimed at decarbonising “every platform” sitting in Scottish waters of the North Sea.
Taqa sticks, Serica twists: What’s the landscape for North Sea M&A deals?
With Serica Energy looking outside of the UK North Sea for M&A deals and Taqa deciding to hold onto its UK assets, what are the implications for the market?
Shell to plug hotly awaited Edinburgh well after it comes up dry
A North Sea exploration well, previously tipped as one to watch, is to be plugged and abandoned (P&A) after coming up dry.
Bids for carbon storage licensing demand critical geological evaluation
Bidding for the UK’s first ever carbon storage licensing round has opened amid a high level of interest.
A view from the front line: Safety services provider RMI on how the North Sea overcame Covid
With the UK having seemingly emerged from Covid-19 - or still emerging depending on whom you ask - it affords the oil and gas industry time to take stock.
North Sea bosses seek urgent windfall tax meeting with new Chancellor Zahawi
North Sea industry leaders are seeking an urgent meeting with the new Chancellor, Nadhim Zahawi, on the windfall tax.
Decommissioning rebates exempt from windfall tax as government throws industry a bone
Tax repayments related to losses incurred by removing North Sea assets will not be touched by the energy profits levy.
Dana Petroleum appoints new COO from EnQuest
North Sea oil and gas firm Dana Petroleum has announced the appointment of a new chief operating officer.
BP received 10,000 applications for 200 low carbon jobs as ‘appetite’ to transition surges
Oil giant BP (LON: BP) has been inundated by applications from workers vying to transition into the low carbon energy space.
Is it right to create fiction around the Piper Alpha disaster? Novel explores legacy of offshore tragedy
When the idea was first mooted for Iain Maloney to write a novel about the events around Piper Alpha, his answer was clear.
Cnooc getting on with electrifying Buzzard, contract due to tender next month
Chinese state-owned oil firm Cnooc is cracking on with plans to electrify one of its key North Sea assets.
Repsol Sinopec kicks Tain FID down the road again
A planned final investment decision (FID) on a multi-million barrel North Sea field has been delayed once again.
Ithaca completes $1.5bn acquisition of Cambo operator Siccar Point Energy
Ithaca Energy has completed its acquisition of Cambo operator Siccar Point Energy.
HCA: Raising the standard in helicopter safety
For years they have been certifying other industry-wide training courses and now Helideck Certification Agency has launched its own.