BP sells 5% stake in Serica Energy for £49.3 million
BP has sold its 5% stake in North Sea operator Serica Energy (LON: SQZ) for £49.3 million.
North Sea
‘Use oil and gas tax windfall to support north-east’ says Aberdeen MP Stephen Flynn
Rishi Sunak has a “moral duty” to use soaring tax revenues from North Sea oil and gas firms to boost Scotland’s energy sector, an Aberdeen MP claims.
North Sea firms paying £19m daily to UK Gov as windfall tax comments deemed ‘unwise’
North Sea oil and gas firms contributed more than £1.7 billion to the UK Government’s coffers in just 90 days, new figures have revealed.
Updated: Jersey in talks with ‘multiple, serious counterparties’ on GBA farm-out
Talks are ongoing with “multiple, serious counterparties” as Jersey Oil and Gas tries to find a partner for its Greater Buchan Area (GBA).
Sunak tells Mumsnet: ‘Nothing is ever off the table’ on oil and gas windfall tax
Rishi Sunak has told the internet forum Mumsnet that “nothing is off the table” when it comes to an oil and gas windfall tax.
Offshore worker died after lifeboat fell into the North Sea, FAI rules
An offshore worker died when a lifeboat he was doing routine maintenance checks on fell from a platform into the North Sea, a Fatal Accident Inquiry has found.
Heerema offloads Ketch platform in Rotterdam ahead of decommissioning
A North Sea platform has been dropped off in the Netherlands ahead of being broken up.
Harbour Energy achieves first gas from delayed Tolmount project
Production is underway at Harbour Energy’s Tolmount field, a source close to the company has confirmed.
Finder Energy acquires acreage around the giant CNOOC Buzzard field
Finder Energy has acquired further acreage around the CNOOC Buzzard field in the Central North Sea.
Sturgeon backs oil and gas summit to help workers into renewable energy
Nicola Sturgeon has backed proposals for a “summit” to help break down the barriers faced by oil and gas workers moving into greener energy.
Shell withdraws from pair of North Sea discoveries
Shell has announced its intent to withdraw from a pair of North Sea discoveries – dealing a blow to partner Egdon Resources.
Higher prices ‘undoubtedly’ encourage investment as North Sea eyes up to 20 billion more barrels
Energy Voice talks to Jason Fox, Managing Partner, London, and Alastair Young, Partner, at Bracewell (UK) LLP on the future of North Sea investment as Brent crude oil remains at around $100.
Shell and Deltic to drill major North Sea gas exploration target
Shell and Deltic Energy will press ahead with drilling a major North Sea gas exploration target later this year.
North Sea operator i3 Energy executes farm-in agreement with Europa for Serenity
North Sea firm i3 Energy has executed a key part of a deal to dish out a 25% stake in its Serenity field.
BP pressing ahead with Murlach oil and gas field in UK North Sea
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.
ConocoPhillips eyes 80 years of production from North Sea oilfield
ConocoPhillips has been granted licence extensions to one of its major North Sea oil hubs – which could see its production life reach nearly 80 years.
‘Too early to say’ impact of Saipem 7000 failure on Scotland’s largest wind farm
It is currently unclear whether the construction of Scotland's largest offshore wind farm will be hampered while the Saipem 7000 is assessed.
Sailaway for Shell’s Penguins FPSO pushed back to Q3
It is understood that the sailaway for the floating production storage and offloading (FPSO) vessel for the Shell Penguins field has been delayed.
Shearwater scoping out UK North Sea carbon storage for Eni
Shearwater Geoservices has won work for multiple 3D seismic surveys to scope out carbon storage potential for Eni in the UK.
‘Failures and contradictions’: CHC lands scathing attack on competition watchdog over Babcock findings
CHC has launched a scathing critique of the competition watchdog for what it calls “incomplete, selective and deficient” analysis of its takeover move for Babcock.
Singapore player swoops in for a pair of North Sea discoveries
Lime Petroleum, a subsidiary of Singapore’s Rex International Holding, has swooped in for a pair of assets in the North Sea.
New North Sea oilfield Avalon to be developed with FPSO and floating wind combo
A “key milestone” has been reached for Avalon, a new oilfield in the UK North Sea, to go ahead.
New data finds IR35 tax changes are ‘hampering growth’ of UK oil and gas industry
Controversial changes to off-payroll working tax rules have left some oil and gas firms struggling to fill ‘vital roles’, according to new data.
Reuters – Cnooc North Sea exit spurred on by fears about potential sanctions
Fears about potential sanctions on Chinese Government assets are driving Cnooc’s departure from the North Sea, it has been reported.
Production restarts at Blythe after IOG temporarily addresses issues
Production has restarted at a North Sea field after a temporary solution was found to a chemical injection fault.