Electrification will prove ‘beyond all doubt’ North Sea can produce oil cleanly, says regulator
Electrification efforts will prove “beyond all doubt” that the North Sea can produce oil and gas in a climate-compatible way, the regulator has claimed.
North Sea
Bridge Petroleum says ‘things are looking up’ for Galapagos project
The company behind a massive North Sea redevelopment that could yield millions of barrels of oil says it is “hopeful for the future” of the project.
Orcadian Energy floats North Sea electrification plan to shave £1.6bn off costs
North Sea firm Orcadian Energy has shared its electrification blueprint for axing operational oil and gas emissions by up to 80%.
Exclusive: Activity ramps up on Ithaca Energy’s £400 million Captain EOR Phase 2 project
Energy Voice takes an exclusive behind-the-scenes look at work on Ithaca's Captain Phase 2 enhanced oil recovery (EOR) project as key components await sailaway.
Petrogas to develop Birgitta discovery in UK ‘within three years’ as appraisal strikes success
Petrogas has said it will develop the Birgitta gas field in the UK North Sea “within the next three years” following a successful appraisal campaign.
ConocoPhillips developing new North Sea project targeting 90 million barrels
ConocoPhillips and its partners are targeting 90 million barrels of oil from a new North Sea development.
OPRED green lights decommissioning plans for Foinaven FPSO
Proposals to decommission the Foinaven floating production storage and offloading (FPSO) vessel have been approved by government.
Equinor extends drilling contracts worth £1.2bn with Baker Hughes, Halliburton and Schlumberger
Equinor is extending contracts with oilfield services giants Baker Hughes, Halliburton and Schlumberger for integrated drilling and well services on the Norwegian continental shelf (NCS).
Worley delivers as North Sea EPC centre of excellence
With over 85 hook-ups completed and more than a million tonnes of topsides fitted, it is fair to say that Worley’s North Sea credentials speak for themselves.
FPSO for delayed Penguins project ‘progressing well’ says Shell boss
Construction work is “progressing well” on the Penguins FPSO - the first new manned vessel for Shell in the northern North Sea for 30 years - following a series of delays.
Shell CEO says £25bn UK investments ‘have to make sense’ amid windfall tax calls
The chief executive of Shell has addressed whether the prospect of a North Sea windfall tax would damage the case for its planned £25bn investment in the UK.
Equinor to transfer operatorship of North Sea field to AkerBP
Norwegian energy giant Equinor has reached an agreement to transfer the operatorship of the Krafla field to AkerBP.
Windfall Tax: North Sea firms to invest up to £250bn by 2030, says trade body
The leading offshore UK trade body has claimed North Sea firms could spend up to £250 billion domestically by 2030, “far greater” than any sum to be raised through a windfall tax.
Future ‘very uncertain’ for Aberdeen drilling firm Awilco
Analysts have said it “could be the end of the line” for Aberdeen-headquartered Awilco Drilling after the firm agreed to offload the remains of its fleet.
Reabold receives offer for 49.99% stake in Corallian, including Victory project
Oil and gas company Reabold Resources has received a conditional, non-binding offer from a “credible party” for its major share in Corallian Energy.
Process control and engineering firm places renewable energies at its Core
Specialist consultants in process control and instrumentation engineering, Core (Oil and Gas) Ltd is the latest in a flurry of leading organisations to adopt a change of name to one that better reflects the evolving nature of the industry and one which aligns with the firm’s future strategic vision.
Helix using North Sea expertise to deliver decom on both sides of the pond
With a foot on either side of the Atlantic, Helix Energy Solutions has a good vantage point from which to cast a view across the global oil and gas market.
Equinor appoints new senior VP for North Sea Renewables
Equinor has appointed a former exec of Orsted and Copenhagen Offshore Partners as its new senior vice president of North Sea Renewables.
BP announces £18 billion investment for UK with North Sea at its heart
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.
Gallery: FPSO ‘nearly there’ for Shell Pierce redevelopment in UK North Sea
The FPSO for the Shell Pierce gas expansion project in the UK North Sea is “nearly there” with its refurbishment work.
Geopolitical tensions driving M&A activity
Anderson Anderson & Brown Corporate Finance (AABcf) is delighted to share with you our Deals+ update for Q1 2022 in conjunction with Energy Voice, highlighting selected energy M&A and Fundraising transactions across the UK.
Aberdeen Harbour in rebrand as £400m expansion takes shape
Aberdeen Harbour Board, the oldest company in the UK, will rebrand later this month as its transformational port expansion project takes shape.
UK Well Slot: Dana Petroleum spuds Barra South appraisal well
As of 26 April, Westwood Global Energy reports that there is one exploration well and one appraisal well active, in the CNS and NNS respectively. One appraisal well is in the process of being suspended since the last report.
Norway Well Slot: Cambozola, Hamlet and Ormen Lange Deep
As of 26 April, Westwood Global Energy reports that there is one appraisal well and four exploration wells active.
Energy secretary delivers blunt message to those seeking end to North Sea oil and gas
Energy secretary Kwasi Kwarteng has insisted the UK Government will not bend to the will of activists who “naively want us to extinguish production” of oil and gas in the North Sea.