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Bleak times for UK North Sea
Government consultations on the windfall tax and the exploration licence ban are positive steps, but it is unclear how long it will take for them to yield tangible outcomes
The death knell for UK energy security
The end of Grangemouth and Lindsey oil refineries marks a worrying trend across Europe amid cost and transition pressures
Outlook 2025: A new era – how the UK offshore sector can lead in a competitive market
The government must take the opportunity to harness the sector’s immense potential to support the long-term development of the UK’s low-carbon sector
Outlook 2025: Navigating the windfall tax and the future of UK energy
Policymakers and stakeholders must work together to develop a stable and predictable fiscal regime that prioritises the country’s energy security and economy
Letter from London: Beware false prophets
The oil and gas sector’s renewed upstream activity stands in marked contrast to just a few years ago, highlighting that the market does indeed cycle
UK-listed Pharos to ramp up Egyptian activities
Cairo’s currency problems have hindered investment, but Pharos sees considerable potential as Egypt emerges from crisis
North Sea production to see minor boost
Taxation strategies in UK and Norway to continue to play important role for a region in which significant volumes of medium sour have offset the loss of similar quality Russian barrels and balanced the influx of US light sweet grades
Time running out for UK North Sea
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Letter from the UK: A positive legacy for OPEC?
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EnergyPathways advances UK Irish Sea ambitions
The AIM-listed firm sees its gas plans as meshing with UK energy transition goals
UK North Sea Shell
Craig Guthrie
4 September 2019
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Shell links North Sea spend to collaboration

The UK-Dutch major stresses an ongoing commitment to its home waters, but with conditions attached

Shell plans to drill 20 wells on the UK continental shelf (UKCS) this year, spending $600mn, Wael Sawan, the firm's upstream director, told the SPE Offshore Europe 2019 conference. "But that commitment comes with strings—we need to work closer together," he warns. "Companies have moved on from the traditional adversarial relationship that existed [on the UKCS]. But we need to embrace technology more. There needs to be a 'next level' of cooperation," Sawan continues. And fellow major Total tells a similar story. "If we increase the level of collaboration, we can deploy new technology earlier, delivering new tools to meet the problems that we face," says the firm's CEO Patrick Pouyanne. Despit

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