Regional1 year agoNorth Sea oil firm Serica cuts output guidance after Storm Éowyn delaysSerica expects to deliver between 33,000 and 37,000 boepd per day this year Serica Energy has reduced its annual output…
Regional1 year agoWe need billions of barrels by 2050With forecasts indicating that the United Kingdom (UK) will need billions of oil and gas barrels by 2050 amidst the…
Regional1 year agoAxe oil and gas windfall tax before 2030, urges task forceNorth Sea steering group calls on ministers to ‘act now to restore investor confidence’ The UK government should replace the…
Regional1 year agoNEO Energy announces merger with Repsol UK, forming NEO NEXT EnergyNEO Energy has announced a strategic merger with Repsol Resources UK, with the combined group forming a new entity named…
Regional1 year agoDNO continues North Sea ‘hot streak’ with fresh oil & gas findNorwegian oil and gas operator DNO has made an oil and gas discovery in a license it operates in the…
Regional1 year agoIthaca Energy to acquire JAPEX UK E&P from Japan Petroleum ExplorationThe transaction will enhance Ithaca Energy’s working interest in the Seagull oilfield in the UK North Sea from 35% to…
Regional1 year agoEnvironmentalists Seek to Suspend 31 Oil, Gas Licenses in UK’s North SeaAn environmentalist group called Oceana has filed a lawsuit to prevent oil and gas exploration under 31 North Sea licenses,…
Regional1 year agoIthaca lifts output plan, presses on with RosebankNorth Sea oil and gas company Ithaca Energy has forecast higher 2025 production after recently acquiring the UK assets of…
Regional1 year agoThe new North Sea projects that could provide half of UK’s oil and gas needsNorth Sea oil fields could produce an extra 2bn to 3bn barrels and boost growth if licences are approved, oil…
Regional1 year agoNorth Sea could produce half of UK oil and gas by 2050, industry urgesThe oil and gas industry is “peddling a fantasy”, campaigners have warned after bosses said the North Sea could produce…
