UK/UKCS
News
November 06, 2023
Legislation to be set out in the King’s Speech on Tuesday would require the North Sea Transition Authority regulator to invite applications to drill for fossil fuels in the North Sea each year, according to a statement issued by Sunak’s office.
News
November 06, 2023
Seagull sustains continued production through the ETAP CPF, which supports 350 full-time jobs, 270 offshore and 80 onshore.
News
October 30, 2023
Licensing is the first step taken by energy production companies with the regulator to find and produce homegrown supplies, managing the nation’s reliance on imports and safeguarding its world-class energy workforce.
News
October 30, 2023
There are currently 284 offshore fields in production in the UK North Sea and an estimated 5.25 Boe in total projected production to 2050.
News
October 12, 2023
In its Emissions Report 2023, OEUK estimates that emissions from production in the UK fell to the equivalent of 14.28 million tonnes of CO2 in 2022. This compares with the 2018 figure of 18.9 million tonnes.
News
October 11, 2023
Offshore Energies UK, the leading representative body for the offshore energies industry, attended Labour’s annual conference in Liverpool, participating in panel sessions and hosting a discussion on the energy transition with The New Statesman.
News
October 03, 2023
As part of its scope, subsea specialist DeepOcean removed 6 subsea conductors and 4 vertical supports at varying water depths and removed the upper conductor guideframes with an estimated weight of 400 tonnes, together with the design and installation of bespoke clamps.
News
October 02, 2023
UK-focused oil and gas producers were hit last year by the Energy Profits Levy, which added an extra 35% tax on profits from output of fossil fuels.
News
September 28, 2023
The contract covers the manufacturing and installation of subsea production systems, flexible and rigid pipe, and umbilicals, as well as connection to the host facility. The project will use pre-qualified equipment, which will accelerate the delivery schedule.
News
September 27, 2023
The fundamental reason for this decline is the lack of investment in new fields caused by the UK government’s new windfall taxes, which are now so high there is no cash left for new oil and natural gas production.
News
September 27, 2023
The Rosebank oil field is located around 130 km north-west of Shetland in approximately 1,100 m of water depth. Total recoverable resources are estimated at around 300 MMboe, with Phase 1 targeting estimated 245 MMboe.
News
September 26, 2023
The Excellence in Decommissioning Awards recognize companies that have performed to an exceptional level within the offshore decommissioning industry.
News
September 22, 2023
The GLA is made up of the Laggan, Tormore, Edradour and Glenlivet gas fields, as well as the undeveloped Glendronach site. Production is forecast at less than 25,000 boed this year, according to a presentation by Kistos from 2022.
News
September 21, 2023
The North Sea exploration company is working with Citigroup Inc. to study a range of strategic options, according to the people, who asked not to be identified discussing confidential information.
News
September 20, 2023
While much of the focus remains on consumer measures, the leading representative body for the sector, Offshore Energies UK (OEUK), said an enduring consensus is needed across parties if it is to unlock $213.22 billion of company investment in oil, gas, wind, hydrogen and carbon capture over the next decade.
News
September 12, 2023
OEUK Sustainability and Policy Director, Mike Tholen, said, “Every new project approved in UK waters will help us manage our reliance on imported energy as North Sea production declines and renewables ramp up - providing a strong basis for us to build a homegrown energy future in the UK, for the UK."
News
September 12, 2023
The acquisition will provide Ithaca Energy with full control over the progression of the future development of Cambo, the second largest undeveloped oil and gas discovery in the UK North Sea.
News
September 06, 2023
The report pinpoints the actions policymakers must take in partnership with business to get this investment moving and tackle the energy challenges facing the nation and its households.
News
September 05, 2023
Last year’s estimated 3% reduction contributed to a 23% drop in greenhouse gas emissions between 2018 and 2022, according to the latest Emissions Monitoring Report from the North Sea Transition Authority (NSTA).
News
September 04, 2023
Under this new agreement, Wood will provide engineering, procurement and construction (EPC) and operations and maintenance (O&M) services, including digital and decarbonization solutions, for a number of Harbour’s offshore assets critical to UK energy security.
News
August 31, 2023
"We look forward to working with the new Secretary of State and her team to build on the progress the sector has already made to deliver energy security from the North Sea, underpinned by the North Sea Transition Deal," said OEUK.
