UK/UKCS

News
February 20, 2025
Wood has been awarded a $120 million contract extension by Shell UK to provide brownfield engineering, procurement and construction (EPC) and subsea and integrity management to onshore and offshore assets across the UK.
News
February 19, 2025
Energy industry confidence in reaching global net-zero targets is fading as policy instability, financial uncertainty and slow project approvals continue to hinder progress, according to Net Zero Jeopardy Report II by the Energy Industries Council’s (EIC)
News
February 19, 2025
Draeger Safety UK has secured a contract extension with INEOS O&P UK. A direct continuation of the existing work scope, the agreement covers the provision and maintenance of Portable Gas Detection and Rental Robot services to support the company’s operations. 
News
February 10, 2025
Global Underwater Hub (GUH), the trade and development body which represents the UK’s £9.2 billion underwater industry, has published a white paper explaining its strategies to improve subsea cable systems for offshore wind projects.
News
February 07, 2025
(Bloomberg) – UK Energy Secretary Ed Miliband's pending decision on the Rosebank site highlights the conflicting goals of the government to drive economic growth while simultaneously reducing the emissions that contribute to global warming.
News
February 05, 2025
Saab UK has announced the official opening of a new manufacturing facility. Opened by the Rt Hon Jonathan Reynolds MP, Secretary of State for Business and Trade, the facility will develop, manufacture, and support Saab's radar systems and Seaeye underwater robotics portfolio.
News
February 04, 2025
Shell has restarted production at the Penguins field in the UK North Sea with a new FPSO facility. Shell UK is the operator, and NEO Energy owns 50% interest. The Penguins FPSO is the first Shell-operated new facility in the North Sea in more than 20 years.
News
January 09, 2025
An Environmental Statement developed by Xodus Group helped to pave the way for a major carbon capture and storage (CCS) project to become the UK’s first to reach financial close. The ES is the first for a CCS project in the UK to have reached this stage.
Article
December 2024
Following the election of a new UK government in the summer of 2024, substantial policy changes affecting the future of the UK Continental Shelf have been made. These continue to dominate the investment environment.  
News
December 20, 2024
READ (including subsidiaries READ Cased Hole and ANSA) has announced a new chapter in their corporate evolution within global well-integrity services and solutions.
News
December 19, 2024
Expro has won a contract valued at over $10 million for the provision of a well decommissioning solution. The solution combines subsea safety systems and surface processing design to enable both safe well entry and effective fluids management.
News
December 19, 2024
Mermaid Subsea Services (UK) Ltd has set a new industry benchmark for North Sea decommissioning. Across the course of 2024 the Aberdeen-headquartered company successfully plugged and abandoned (P&A) 30 wells in the UK North Sea using the Island Valiant vessel.
News
December 17, 2024
Elementz, a new Aberdeen-based company specializing in subsea asset integrity management software, has unveiled the board of directors that will oversee its goal of achieving turnover of £2 million in year one.
News
December 16, 2024
Following an announcement that the UK and Norway governments have agreed to support a new Green Industrial Partnership that will combine their capabilities on clean energy and drive economic growth, OEUK published a response.
News
December 12, 2024
TechnipFMC has been given full notice to proceed with the previously announced contract for the first all-electric integrated project by the Northern Endurance Partnership (NEP), a joint venture between bp, Equinor, and TotalEnergies.
News
December 11, 2024
Offshore Energies UK has announced that international disaster recovery specialist Lucy Easthope will provide the keynote speech at its 2025 Health, Safety and Environment Conference.
News
December 10, 2024
Northern Endurance Partnership (NEP) has announced development of the UK's first CCS project in partnership with TotalEnergies. NEP, in which TotalEnergies holds a 10% shareholding interest, will permanently store up to an initial 4 million tonnes of CO2 per year.
News
December 05, 2024
Equinor and Shell will combine their UK offshore oil and gas assets and expertise to form a new company which will be the UK North Sea’s biggest independent producer, the companies’ UK subsidiaries have announced.
News
December 04, 2024
OEG Energy Group has moved into a new global HQ in Dyce, Aberdeen, following a seven-figure sum investment in a multi-year lease. This marks a significant milestone in the organization’s 50-year journey, serving as a launch for its global expansion goals.
News
December 04, 2024
Kent has secured a three-year global Engineering, Procurement, and Construction Management (EPCm) framework contract by bp (P&O Projects). The framework covers the full scope of EPCm services, supporting bp’s asset lifecycle, from small and large projects to minor modifications.
News
December 02, 2024
Offshore Energies UK (OEUK) says Scotland’s new hydrogen export strategy can build on the nation’s industrial strengths and unlock a £93 billion export opportunity if firms are now backed with a clear action plan to attract investment and talent.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.