Tagged With North Sea
JOG mulls myriad GBA options
5 May 2022
The firm is working with potential partners on a range of outcomes for its UKCS redevelopment project
Serica builds its war chest
21 April 2022
The UK producer is benefitting from high prices and all the revenues from its BKR asset. But it continues to preach M&A caution
UK plans autumn licensing round
8 April 2022
The country also aims to speed project development as it outlines new energy security strategy
Trade sale exit for Siccar Point private equity backers
8 April 2022
Israeli-owned UK independent Ithaca swoops for UKCS peer
SNP rows back on North Sea drilling opposition
25 March 2022
Scotland’s largest political party recognises that the Ukraine crisis has changed the game
Letter from Amsterdam: Dutch rediscover North Sea gas benefits
21 March 2022
An increasingly import-dependent Netherlands is mulling fresh incentives for offshore gas exploration as the industry prepares to make energy transition pledges
Harbour bullish on UKCS drilling
17 March 2022
The firm will add a fifth rig as it seeks to extend reserve life in the basin
Johnson reaffirms commitment to UKCS oil and gas
15 March 2022
Prime minister sees a role for the basin in greater UK energy independence, as lobby group puts its head above the parapet on windfall tax calls
IOG achieves first gas
14 March 2022
UK independent flows SNS molecules to Bacton
IOG completes UK gas reception facilities
7 March 2022
Producer set to bring on new UKCS volumes amid yet another record-breaking price spike
War in Europe reinforces logic for tapping North Sea gas
1 March 2022
Russia’s invasion of Ukraine has underscored the urgency for the Netherlands, and Europe more widely, to exploit its domestic gas resources, Nogepa chief tells Petroleum Economist
Letter from Edinburgh: Scotland’s oil balancing act
18 February 2022
The recent blow to plans for developing the Cambo oilfield illustrates the country’s changing and increasingly uneasy relationship with oil
Market takes heart from UK government’s North Sea commitment
11 February 2022
Renewed backing for project sanctions boosts UKCS mood
Deltic retains exploration enthusiasm
3 February 2022
The UK independent has successfully brought in partners and is gearing up to drill
i3’s UKCS race not run yet
31 January 2022
The UK-listed independent has pivoted more towards Canada. But that does not speak to diminished enthusiasm for the North Sea basin
Challenges aplenty but opportunity remains for UKCS
27 January 2022
There is life in the old North Sea dog yet
UKCS still attracting buyers
18 January 2022
Healthy appetite remains despite an evolving oil and gas landscape
NCS resource growth hits seven-year high
13 January 2022
2021 additions top 500mn bl
UK-listed independents get busy
11 January 2022
Shareholder antipathy towards oil and gas is no stumbling block to activity
Sturgeon omits Cambo from conference speech
30 November 2021
No mention of the potential UKCS development in Scottish leader’s address to her party
Outlook 2022: A ‘just’ or ‘just in time’ transition for the UK North Sea?
25 November 2021
For over 200 hundred years, the world has relied on fossil fuels for affordable, reliable energy. How does it get to an economy based on greener energy without triggering an adverse reaction?
OGA takes aim at Elgin-Franklin laggards
26 October 2021
The UK upstream regulator is unhappy at partners in the field dragging their feet on the sale of ExxonMobil’s stake
Could Boris Johnson drop a Cop bombshell on UK oil and gas?
14 October 2021
Industry figures warn the quixotic British prime minister might choose Glasgow talks to make a grand gesture on the UKCS’ future
Greenpeace makes further UK anti-oil protest after court defeat
12 October 2021
The beleaguered E&P sector can breathe easier after legal ruling against the environmental NGO. But it has taken its message directly to the heart of the political establishment
Why the SNP is wrong about Cambo
9 September 2021
Scotland’s largest party stands accused of failing to see the big picture on the UK oil and gas industry’s contribution to the energy transition
OGUK issues North Sea investment warning
2 September 2021
The industry lobby group is concerned that a slowdown in UKCS spending does not translate into a stop
JOG looks towards UKCS regional electrification
31 August 2021
Power-from-shore for the GBA project could be significantly expanded
IOG rebrands project Saturn Banks
26 August 2021
The UK independent has a new name for its UKCS complex as it gears up for first gas in Q4
Spirit boosts Grove reserves
26 August 2021
Successful drilling should significantly extend the UKCS field’s life
IOG’s Blythe startup slips
19 July 2021
The first of the UK’s independent’s SNS projects has been pushed back into Q4
Var hits oil in Balder Area probe
21 June 2021
The firm’s NCS near-field exploration strategy pays off again
Letter from London: How will scope three emissions work in practice?
7 June 2021
Carbon intensity of upstream production could become a mere sideshow as and when decisions are made over the allocation of a barrel of oil’s carbon footprint across the value chain
Heavy oil joins the UKCS M&A party
30 April 2021
Even carbon-intensive production is being swept up in the rush of North Sea deals
York completes sub-terminal switch
20 April 2021
The North Sea field extends its lifespan through a flip to alternative processing facilities believed to be a UK industry first
Ancala sees Northern North Sea positives
8 April 2021
The private equity-backed midstream specialist is bullish about the prospects in its Sage pipeline system catchment area
UKCS licensing set to continue
24 March 2021
The country’s North Sea Transition Deal will apply new conditions to future drilling permits but allow oil and gas activity to proceed
UK GBA ticks Lundin boxes
23 March 2021
The Swedish-headquartered producer says it is comfortable sticking with Norway. But could JOG’s farm-out process attract it over the median line?
Neptune sees Dutch North Sea potential
4 March 2021
The province may be mature, but still has elements to attract investment and shake off PR problems
Relatively bright future for the North Sea
30 December 2020
The basin may never recapture its glory days, but 2021 should still see players extracting significant value
The great untapped resource
15 December 2020
The capacity to capture and fully exploit data is crucial for operators to drive greater business value
OGA awards 115 licences in 32nd round
3 September 2020
UKCS continues to see strong appetite from operators
Independent E&P journey ‘can be done again’
7 August 2020
Ex-Tullow man thinks that doom and gloom about the global upstream business is overdone
Analysts fret on Hurricane’s single well reliance
16 June 2020
The North Sea fractured basement specialist’s dependence on one producing well at its Lancaster project is causing concern
PE Live: Decommissioning throws up opportunities
5 June 2020
Picking up the tab for end-of-life liabilities is inevitably a thorny issue in a mature basin. But decommissioning offers pros as well as cons
JOG goes back to the future
6 May 2020
A field already in decommissioning holds no fears for the North Sea newcomer’s bold regional plans
North Sea FIDs suffer slippage
7 April 2020
Two of the three most anticipated project green lights are postponed and a third looks at risk
Gloom overshadows North Sea exploration hits
20 March 2020
Two pieces of good news in the UK and Norway are buried by cost-cutting and depressed prices
A tale of two trading updates
19 March 2020
UK independent Enquest’s revised forecast for 2020 may be just six weeks removed from its previous guidance. But it is also a world away
IOG breathes new life into SNS
31 January 2020
Gas-focused producer sees growth opportunities in unloved discoveries
Gas pivot draws Premier lender’s fire
30 January 2020
A switch to the perceived cleaner fossil fuel has been a popular narrative for E&P firms but a major creditor has raised price concerns
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