UK/UKCS
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.
News
August 21, 2023
Perenco SA, Ithaca Energy Plc and newcomer Viaro Energy Ltd. have bid for a package of UK assets that includes the Leman Alpha hub, the Clipper field and the Bacton gas terminal, the people said, asking not to be identified discussing private information.
News
August 15, 2023
The Camelot license’s annual storage potential is up to 6 million tonnes and provides a significant and valuable contribution to the CO2 abatement potential in the UK.
News
August 10, 2023
Through a five-year framework agreement, Wood will apply digital solutions to transform National Gas infrastructure to modern, cyber-secure technology across their entire network of critical assets across Britain.
News
August 01, 2023
Offshore Energies UK, the leading trade association for energy firms from oil and gas to carbon capture, offshore wind and hydrogen, has greeted the government’s commitment to the 33rd licensing round and its carbon capture announcements as important steps forward for long-term energy security and jobs.
News
July 31, 2023
The government said the first new permits in the current licensing round will be issued in the autumn, with over 100 expected in total. It also suggested a commitment to future licensing rounds — though that would hinge on Sunak’s party holding onto power in a general election expected in 2024.
News
July 28, 2023
The assets are “a key part of our portfolio,” along with the energy supplier’s stakes in Britain’s nuclear power stations, Chief Executive Officer Chris O’Shea told reporters Thursday. It’s a turnaround from 2019, when Centrica said it would exit oil and gas production for good — which it did in Norway, but not in Britain.
News
July 27, 2023
Upon entering the reservoir, Ithaca Energy, acting as the operator, discovered that hydrocarbons were present in the reservoir in the Forties member sandstones, with 45 ft of net thickness.
News
July 03, 2023
Perenco UK has renovated, replaced or modified old, oversized infrastructure, replacing it with more modern, efficient, fit-for-purpose equipment that requires less maintenance and provides better uptime.
News
June 28, 2023
David Whitehouse, Chief Executive of Offshore Energies UK, which represents 400 companies involved in producing energy from gas, oil and wind in UK waters, said OEUK supported the CCC’s net zero targets, but the report’s proposals for achieving it would put the UK at increased risk of a new energy crisis.
News
June 27, 2023
The North Sea’s massive potential contribution to energy security, net zero, jobs and investment topped the agenda at an industry and government summit in Aberdeen on June 27.
News
June 27, 2023
The contract will include all mechanical, electrical, hydraulic, and structural maintenance of cranes and lifting equipment, which will be executed by Sparrows UK team from its headquarters in Aberdeen.
News
June 19, 2023
The new contract will see THREE60 Energy permanently decommission 13 injection, production and observation wells, creating new jobs for the company in the UK and Europe.
News
June 15, 2023
The two companies will collaborate to develop a fit for purpose duty holder model to support future infrastructure investments, and position Wood as a strategic partner, providing onshore and offshore lifecycle asset management engineering and operational solutions.
News
June 09, 2023
The UK Government has announced that the windfall tax will remain in place until March 2028, introducing a mechanism which means if oil and gas prices fall, the tax rate for oil and gas companies will return to 40%.
News
June 05, 2023
The Labour proposals to ban all new North Sea oil and gas licenses are “naive” and would create a “cliff edge” for the industry that will hit jobs, GMB union General Secretary Gary Smith told Sky News on Sunday.
News
May 23, 2023
The multi-year decommissioning contract, valued at more than $20 million, will utilize Expro’s Subsea Well Access technology with a combination of open-water and in-riser applications deployed from a semi-submersible rig.
News
May 15, 2023
Offshore Energies UK said gas and oil production was indeed in long-term decline. However, the North Sea and other UK waters still contained enough gas and oil to support much of the nation’s needs during the three decades it will take to reach net zero.
News
May 10, 2023
“It makes absolutely no sense to not invest in the resources we have here at home, to import foreign fossil fuels, not create jobs here and import them at twice the carbon emissions as our local resources,” Prime Minister Sunak told lawmakers in weekly questions in the House of Commons on Wednesday.
News
May 09, 2023
Michael Tholen, Director of Policy and Sustainability for Offshore Energies UK, said, “Deep beneath our waters lies a treasure trove of carbon capture business opportunities. An accurate map of the UK’s potential for this innovative sector will help to nurture a new wave of businesses and jobs."
News
May 05, 2023
The venture has been on ice since late 2021, when the energy major said the economic case for the project had weakened.
