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North Sea Oil and Gas news, featuring LNG, exploration, oil field development, offshore, jobs, market and investment news, renewables and energy transition
BP UK boss warns against North Sea ‘cliffhanger’ ahead of budget
Sep 17, 2024 · 60 years to the day since BP got its first licence to operate in the North Sea, Doris Reiter warns the 'basin will lose out' on jobs, investment and the energy transition unless government and ...
Exclusive: Apache makes dozens of Aberdeen job cuts - Energy Voice
Jun 9, 2023 · Apache has suspended all North Sea drilling amid a "burdensome tax and regulatory regime", but workers say the firm is still making a "chunk of cash" from the region.
Three60 wins multi-million-pound North Sea decom deal
Nov 19, 2024 · Aberdeen-based energy services firm Three60 Energy has won a major decommissioning contact in the North Sea.
Exclusive: Apache plans end to giant North Sea Forties oilfield
Jul 13, 2023 · Court documents seen by Energy Voice confirm the plan which would bring an end to Forties 51 years after it started production and helped launch the North Sea industry from Aberdeen.
'Rubber hitting the road' on TAQA North Sea decommissioning
Nov 7, 2022 · A recent North Sea Transition Authority (NSTA) report showed a 25% reduction in decom costs since 2017 – not to be sniffed at – but it means the 35% overall target is unlikely to be hit by the ...
Sweet 16: The key North Sea projects due to go live before 2027
Feb 16, 2023 · A host of major oil and gas projects dotted around the North Sea are due to start-up production in the next few years.
North Sea field shutdowns to climb as Brexit deepens oil gloom
Jul 19, 2016 · Royal Dutch Shell Plc, one of the biggest North Sea operators, is shutting down the Brent field, which since the 1970s has produced crude that helps set the global benchmark.
Apache to boost North Sea spending as Diamond Offshore wins …
May 26, 2022 · Apache North Sea has said it plans to boost its UK spending and headcount as it hands a rig extension deal to Diamond Offshore.
Struggling Atlantic Petroleum to exit from North Sea
May 26, 2016 · A Faroese oil and gas explorer which has struggled under the weight of low oil prices plans to offload its entire UK North Sea portfolio.