Western Europe
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 10, 2022
Equinor ASA sold assets in the North Sea for $1 billion as it seeks to benefit from high oil prices and redirect proceeds to other core businesses.
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 28, 2022
The annual performance review for the UK’s top producers highlighted 33 new projects targeting 1.3 billion barrels of oil and gas which will significantly bolster the country’s energy security.
News
April 28, 2022
Neptune Energy and its partners discovered up to 24 million recoverable barrels of oil equivalent at the Hamlet exploration wells (PL153) in the Norwegian sector of the North Sea, the company and its partners announced.
News
April 26, 2022
Economy Minister Robert Habeck said Germany has already cut its reliance on Russian oil enough to make a full embargo “manageable,” potentially laying the groundwork for a continent-wide ban that would upend the global trade in petroleum.
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
Oil rallied Thursday afternoon after a report that the European Union is moving toward adopting a phased-in ban on Russian oil.
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 11, 2022
Longboat Energy, an emerging full-cycle North Sea E&P company, announced the commencement of drilling operations on the Cambozola exploration well in Norway.
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 31, 2022
Siemens Energy will locate the industrial production of electrolysis modules in Berlin, and is thus taking the centerpiece of its hydrogen technology to the capital.
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.
