Aker Solutions-DP World venture signs contract for Rosebank FPSO work
Drydocks World and Aker Solutions have signed off a contract with Altera Infrastructure for work to upgrade the vessel used to develop the Rosebank field.
Rosebank Oilfield
‘We need visibility’: Baker Hughes boss in North Sea call to policymakers
Cambo is positive, Rosebank is positive, says Romain Chambault of Baker Hughes, but Harbour Energy’s windfall tax announcement shows the price of poor policy.
Calls for govt to publish Equinor response to regulator Rosebank concerns
Calls are being made for the UK Government to disclose information about the “environmental harm” of a contentious North Sea oilfield.
Altera hiring workers to revamp Knarr FPSO for Rosebank
Altera Infrastructure has launched an employment drive as it prepares for the redeployment of the Knarr FPSO.
Only six big-spend projects for UK North Sea in coming years
There are only six big-spend projects expected for the UK North Sea and West of Shetland in the coming years, meaning limited opportunity for big players to benefit from windfall tax offsets.
Rosebank needed for UK energy security: Equinor boss
Equinor chief executive Anders Opedal said Rosebank will be needed to shore up UK energy security, and that recent windfall tax measures had not affected the company’s North Sea strategy.
Government challenged over ‘gas giveaway’ incentives, Rosebank support
MPs challenged the government over its energy efficiency performance and the continued licensing of new oil and gas fields, while a government minister reiterated a continued need for fossil fuels.
Harbour Energy projected for $5.5bn windfall tax payments by analyst
Revisions to the windfall tax – or energy profits levy – increased the estimated bill of Harbour Energy (LON:HBR) by over $2bn, according to analysis.
Aker Solutions and Drydocks win major deal to upgrade Rosebank FPSO
Aker Solutions (OSLO: AKSO) and Dubai’s Drydocks International have won a deal worth up to £330.5m to upgrade the FPSO for the Equinor Rosebank oilfield.
Rosebank ‘key driver’ as Altera Infrastructure emerges from bankruptcy
Aberdeen-headquartered Altera Infrastructure has emerged from Chapter 11 bankruptcy, hailing a deal for the Equinor Rosebank oilfield as a “key driver”.
Equinor mulling £1.2bn move for Suncor UK North Sea assets, according to reports
Equinor (OSLO: EQNR) is chewing over whether to make a play for a package UK North Sea assets currently owned by Suncor, according to reports.
Greens call for halt to ‘climate disaster’ Rosebank development
Scottish Greens have called on the UK government to halt development of the controversial Rosebank oil and gas field, but the Tories hit back at their so-called “reckless, uninformed obsession.”
Labour turns up the heat on Rosebank oilfield
Labour has urged the new UK business secretary to shut down the Rosebank oilfield before it begins production.
FIDs predicted in 2023 for large untapped UK oil and gas fields
Investment decisions could be on the way for Perth, Bentley and Bressay in the North Sea, alongside West of Shetland giants.
‘Record’ floating production capacity sanctioned in 2022
More than 2 million barrels per day of floating production system (FPS) throughput capacity could be sanctioned this year – the highest for more than a decade – according to analysis from Westwood Global Energy.
‘Please clarify’: Regulator questions Equinor over £8bn Rosebank oilfield emissions
Equinor has been pushed for answers on the emissions profile of its £8bn Rosebank project planned for the West of Shetland.
Campaigners launch trio of legal challenges to derail North Sea licensing round
A coalition of campaign groups have vowed to mount three separate legal challenges to the UK government in a bid to stop the award of new North Sea oil and gas licences.
Trafalgar Square Christmas Tree target of Equinor Rosebank protest
Protestors have gathered at London's Trafalgar Square Christmas tree to protest Norway-based Equinor's plans to develop the Rosebank oil field in the UK.
West of Shetland oilfields due for $500m value bump from electrification
BP (LON: BP), Ithaca Energy (LON: ITH) and Equinor (OSLO: EQNR) will see the valuations of their West of Shetland oilfields increase by half a billion dollars after electrification, according to analysis.
BP, Equinor and Ithaca Energy team up on West of Shetland electrification
BP (LON: BP), Ithaca Energy (LON: ITH) and Equinor (OSLO: EQNR) are teaming up to slash emissions at huge oilfields in the West of Shetland through electrification.
Your 2023 North Sea forecast: Cambo, Rosebank to drive spend to 20 year high, but it’s ‘now or never’
When this edition of the Energy Voice supplement was published a year ago, the North Sea oil and gas industry was in the doldrums.
‘Diminishing hopper’ of big North Sea projects a leash on firms’ ability to offset tax hike
Westminster’s hopes of spurring North Sea spend in the coming years could be derailed by one fundamental issue: a lack of available projects.
Ithaca capex could top £1bn in near future, driven by Cambo, Rosebank, Marigold and Fotla
Ithaca Energy is preparing to pull the trigger on hundreds-of-millions of pounds worth of spend, should a handful of North Sea projects get the go ahead.
Ithaca Energy posts huge $2bn profits in first results since IPO
North Sea producer Ithaca Energy (LON: ITH) has posted pre-tax profits of more than $2bn in its first set of results since its London debut.
The Magnificent Seven: North Sea project paperwork still awaiting govt sign off
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.