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EU and UK look to security beyond gas
The scars of the Russia crisis have accelerated Europe’s push to wean itself off gas dependence as the growing globalisation of LNG becomes a double-edged sword
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While the government might complain about the vicissitudes of the international gas market, the UK's transition away from the fuel is fraught with challenges
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The importance of the oil and gas sector to the UK and the value of its assets mean 2025 could offer new opportunities and a recovery in activity
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
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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
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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
Smaller projects provide opportunities, but basin maturity and policy shifts amid political uncertainty signal a significant decline by the end of the decade
North Sea UK
Peter Ramsay
6 May 2020
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JOG goes back to the future

A field already in decommissioning holds no fears for the North Sea newcomer’s bold regional plans

UK independent Jersey Oil and Gas (JOG) has an intriguing proposition—putting 21st century infrastructure on a 20th century Central North Sea (CNS) field. But its plans are more than that initiative, also encapsulating an area hub concept and collaboration, as well as a laser focus on ESG. At the core of JOG’s plans is the CNS Buchan field, which began production in 1981 under BP’s operatorship and continued to flow oil —148mn bl of it—until 2017, when the original facilities failed safety tests. Then owned by a joint venture between Spain’s Repsol and China’s Sinopec, the decision was taken to permanently shut down production and decommission its facilities. Meanwhile, in the downturn that

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