Siccar Point mulling next steps for 80m barrel gas field that could hinge on Cambo
North Sea firm Siccar Point Energy is nearing a decision on how best to proceed with its West of Shetland Tornado project.
West of Shetland
BP defends Foinaven removal strategy after oil giant accused of dumping waste
BP has insisted the Foinaven FPSO is being removed in a ‘controlled’ manner after a news article alleged it planned to dump “industrial waste” in a protected area.
Ithaca completes $1.5bn acquisition of Cambo operator Siccar Point Energy
Ithaca Energy has completed its acquisition of Cambo operator Siccar Point Energy.
Supply chain event proves Equinor’s commitment to £4.5bn Rosebank project, says North Sea boss
Equinor’s North Sea boss has reinforced the Norwegian energy giant’s commitment to developing the Rosebank project.
Former Premier Oil UK boss Robin Allan joins Hurricane Energy
Robin Allan, the former UK North Sea boss at Premier Oil, has joined the board of West of Shetland operator Hurricane Energy (LON: HUR).
Hurricane Energy hits out at ‘unhelpful’ lack of windfall tax detail
Hurricane Energy has branded government’s windfall tax as “unhelpful” particularly due to its lack of public details.
NZTC boss Colette Cohen appointed chair of unmanned aviation firm Flylogix
Colette Cohen, the CEO of the Net Zero Technology Centre, is to become the chair of unmanned aviation firm Flylogix.
Cambo owner Ithaca Energy to IPO in London ‘asap’
Ithaca Energy will make its IPO in London “as soon as possible” this year, according to parent firm Delek Group.
North Sea: 48 discoveries and 2.3 billion barrels – why aren’t they being developed?
The North Sea and West of Shetland has 48 known discoveries with 2.3 billion barrels of oil equivalent, and new research has shed light on the challenges in getting them developed.
The Not-So-Dirty Dozen: Key North Sea hubs still producing in 2032
There are several hubs around the North Sea which will still be producing in a decade’s time – but 12 of these will be “key” thanks to their production upsides and emissions intensity, according to new research.
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.
Hurricane expects stop to Lancaster field life towards end of 2023
Hurricane Energy has predicted that the end of its flagship Lancaster field’s production life will arrive at around the end of 2023.
Hurricane Energy adds more barrels to flagship Lancaster field
Hurricane Energy (LON: HUR) expects to get some extra barrels out of its flagship Lancaster field, as set out in a new competent person’s report.
Outcry as UK loses out to UAE’s Lamprell on £10bn floating wind projects
Work for a trio of giant floating wind projects off the coast of Scotland have gone to the UAE fabricator Lamprell, sparking outcry.
Equinor confirms push back of Rosebank sanction to 2023
Equinor has confirmed the sanction date for the Rosebank project in the West of Shetland has been pushed back to next year, after Ithaca Energy made the claim last night.
Ithaca Energy to buy Cambo operator Siccar Point in $1.5 billion deal
Ithaca Energy has struck a deal to buy Siccar Point Energy, operator of the controversial Cambo project, for just shy of $1.5 billion.
BP and Altera launch investigation after blaze on Petrojarl Foinaven FPSO
BP (LON: BP) and Altera Infrastructure have launched an investigation after a fire broke out on the Petrojarl Foinaven FPSO over the weekend.
Siccar Point and Shell handed extension to Cambo licences
Siccar Point Energy and Shell have been granted a two-year extension to the licences for the Cambo oil field, paving a potential future for the project.
BP seeks sale of Foinaven field in West of Shetland
BP is seeking to sell its beleaguered Foinaven field in the west of Shetland, according to a news report.
‘Cambo has to go ahead’: Industry debates as Shell reconsiders oilfield exit
Industry leaders have been debating as news emerges that Shell is reconsidering its exit of the Cambo oilfield.
Shell ‘mapping out next steps’ on Cambo
Shell has said it is working with Siccar Point Energy and the UK Government to “map out the next steps” on the Cambo project.
Equinor signs key contract to use Knarr FPSO at Rosebank field in West of Shetland
Equinor has put pen to paper on a contract with Altera Infrastructure to use the Knarr FPSO at the Rosebank field in the West of Shetland.
TotalEnergies sells partial West of Shetland stake to Kistos in £123 million deal
TotalEnergies has agreed to sell a 20% stake in a package of West of Shetland assets to Kistos Energy in a deal worth more than $165 million (£123 million).
Well slot: Two UK exploration wells active in early 2022
Westwood Global Energy reports that as of 24 January there were two exploration wells active in the UK.
North Sea ‘falling behind’ as global offshore investment returns to pre-pandemic levels
The North Sea is one of just a handful of regions “falling behind” as offshore oil and gas investment returns to pre-pandemic levels around the world.