UK/UKCS
News
May 12, 2022
The drive to reach net zero greenhouse gas emissions by 2050 has taken a sizeable step forward with the award of two carbon storage licenses in the Southern North Sea.
News
May 10, 2022
The program was first launched in 2020 to test the extent to which mediation can resolve certain disputes between oil and gas licensees, operators and infrastructure owners in the UK Continental Shelf.
News
May 10, 2022
Responding to the Queens’s speech, Offshore Energies UK said the proposed Energy Bill must create the predictability needed to attract the long-term investment crucial to boosting the nation’s energy security.
News
May 10, 2022
Noble Corp. and Maersk Drilling offered to divest some of its offshore operation platforms to avoid an in-depth investigation from the U.K.’s antitrust regulator over the $2.6 billion deal, potentially smoothing the way for approval.
News
May 10, 2022
Neptune Energy announced it will spend more than $1 billion over the next five years securing energy supplies for the UK and speeding the transition to net zero.
News
May 06, 2022
Boris Johnson urged the oil majors BP Plc and Shell Plc to invest “massively” in renewables to shore up the U.K.’s energy security, as soaring prices squeeze household budgets.
News
April 21, 2022
North Sea Investment Forum announced that Greg Hands MP, UK minister of state for business, energy, and clean growth, will deliver the ministerial keynote to kick off the North Sea Investment Forum in London on June 23.
News
April 14, 2022
The North Sea Transition Authority has reminded licensees of the obligation to collaborate effectively and ensure transactions are completed promptly, to support investment in the UK Continental Shelf.
News
April 07, 2022
Energy companies and organizations are reacting positively to the UK Government’s Energy Security Strategy, which was published considering rising global energy prices provoked by surging demand after the pandemic and Russia’s invasion of Ukraine.
News
April 07, 2022
Shell Plc said its withdrawal from Russia will result in $4 billion to $5 billion of impairments, while also warning investors that extreme energy price volatility in the first quarter could hit cash flow.
News
April 05, 2022
The floating offshore hydrogen production plant developed by J-DeEP combines a seawater desalination system and a system to extract hydrogen from water through electrolysis.
News
April 05, 2022
Business Secretary Kwasi Kwarteng commissioned a geological report into the science of shale gas fracing, as the U.K. government tries to boost energy self-sufficiency in the wake of the Ukraine war.
News
March 30, 2022
Cnooc Ltd. is considering a sale of its U.K. North Sea portfolio, in what could be one of the biggest disposals in the aging basin by a foreign firm in recent years, people familiar with the matter said.
News
March 30, 2022
A controversial U.K. oil project won a license extension, keeping open the possibility of development even after Shell Plc retreated amid a backlash from climate protesters.
News
March 29, 2022
The UK will have to import almost all its gas and most of its oil from overseas suppliers unless billions of pounds are invested in new North Sea exploration and production facilities, a report from Offshore Energies UK has warned.
News
March 29, 2022
Offshore Energies UK published its first Business Outlook report since evolving into the leading trade body for organizations representing offshore oil, gas, carbon capture and storage, hydrogen and wind.
News
March 24, 2022
Offshore Energies UK, the leading trade body for the UK’s integrating offshore energy industry has responded to Chancellor Rishi Sunak’s Spring Statement, and forecasts by the Office for Fiscal Responsibility.
News
March 22, 2022
At venues in both Aberdeen and London, Offshore Energies UK will publish its first Business Outlook report since evolving into the leading trade body for organizations with an interest in offshore oil, gas, carbon capture and storage, hydrogen and wind.
News
March 22, 2022
The Oil and Gas Authority changed its name to the North Sea Transition Authority (NSTA) to reflect its evolving role in the energy transition.
News
March 18, 2022
The UK's offshore energy industry has welcomed a speech by Boris Johnson warning that it would be “crazy” to shut down North Sea oil and gas production in the face of global shortages and price spikes.
News
March 14, 2022
A new gas field found under the North Sea off East Anglia has this week produced its ‘first gas’ – and more such developments are on the way, according to IOG.
