Tagged With UK
15 July 2025
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
10 January 2025
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
19 December 2024
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
17 December 2024
Policymakers and stakeholders must work together to develop a stable and predictable fiscal regime that prioritises the country’s energy security and economy
12 December 2024
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
19 April 2024
Cairo’s currency problems have hindered investment, but Pharos sees considerable potential as Egypt emerges from crisis
20 March 2024
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
18 March 2024
Smaller projects provide opportunities, but basin maturity and policy shifts amid political uncertainty signal a significant decline by the end of the decade
7 February 2024
The AIM-listed firm sees its gas plans as meshing with UK energy transition goals
4 August 2023
The UK independent sees Block 3/05 as key to its growth ambitions in Angola’s maturing upstream
26 May 2023
The potential of a play-opening discovery is shackled by lack of investor appetite
10 June 2022
Producers eye spending to offset windfall tax hit
6 June 2022
The windfall tax is a blow. But the basin has rebounded from being written off before
24 May 2022
Producers continue to be upbeat on a previously neglected sector, despite unconsummated M&A
5 May 2022
The firm is working with potential partners on a range of outcomes for its UKCS redevelopment project
3 May 2022
The industry's most comprehensive list of current and recent rounds for onshore and offshore licences
8 April 2022
The country also aims to speed project development as it outlines new energy security strategy
4 April 2022
The industry's most comprehensive list of current and recent rounds for onshore and offshore licences
25 March 2022
Scotland’s largest political party recognises that the Ukraine crisis has changed the game
17 March 2022
The firm will add a fifth rig as it seeks to extend reserve life in the basin
3 February 2022
The UK independent has successfully brought in partners and is gearing up to drill
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
27 January 2022
There is life in the old North Sea dog yet
11 January 2022
Shareholder antipathy towards oil and gas is no stumbling block to activity
30 November 2021
No mention of the potential UKCS development in Scottish leader’s address to her party
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?
16 November 2021
Too much gas could accelerate decommissioning of key remaining asset
26 October 2021
The UK upstream regulator is unhappy at partners in the field dragging their feet on the sale of ExxonMobil’s stake
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
21 September 2021
The UK’s vulnerability to high international prices may offer an opportunity to remake the argument for domestic production
2 September 2021
The industry lobby group is concerned that a slowdown in UKCS spending does not translate into a stop
31 August 2021
Power-from-shore for the GBA project could be significantly expanded
26 August 2021
The UK independent has a new name for its UKCS complex as it gears up for first gas in Q4
19 July 2021
The first of the UK’s independent’s SNS projects has been pushed back into Q4
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
20 April 2021
The North Sea field extends its lifespan through a flip to alternative processing facilities believed to be a UK industry first
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
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?
18 March 2021
The oil and gas division wants a role beyond just providing cash for the group to pivot to lower-carbon alternatives
11 March 2021
The London-headquartered producer hopes to fast-track FIDs to hit the 2022 deadline for relief
16 June 2020
The North Sea fractured basement specialist’s dependence on one producing well at its Lancaster project is causing concern
5 June 2020
The major will take a much lower upfront fee with more to follow from production revenues and if prices recover
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
6 May 2020
A field already in decommissioning holds no fears for the North Sea newcomer’s bold regional plans
7 April 2020
Two of the three most anticipated project green lights are postponed and a third looks at
risk
24 March 2020
Incoming operators face several challenges when taking over an asset, including managing the transition, improving performance, and capturing value. These principles can guide the way
20 March 2020
Two pieces of good news in the UK and Norway are buried by cost-cutting and depressed prices
15 January 2020
Report suggests that UKCS actors are slipping back into bad habits
12 September 2019
PE-backed Siccar Point sees recent ownership changes in West of Shetland assets as useful re-organisation
4 September 2019
The UK-Dutch major stresses an ongoing commitment to its home waters, but with conditions attached
