UK/UKCS
News
January 27, 2026
Former OPEC president and Nigerian oil minister Diezani Alison-Madueke has gone on trial in London, accused of accepting cash bribes and luxury benefits in exchange for awarding oil-sector contracts during her time in office.
News
January 16, 2026
OEG is ramping up OPITO-accredited helicopter refueling training as the offshore sector prepares for mandatory CAA CAP 437 certification requirements for helicopter landing areas expected in 2026.
News
January 16, 2026
New Scotland-wide polling shows strong public support for full North Sea oil and gas development, highlighting concerns over jobs, imports, and UK energy security.
News
January 15, 2026
Oxford Flow has appointed Andrew Hodgson as executive chair, succeeding David Hill, as the UK-based flow control equipment specialist moves into its next phase of international growth.
News
January 14, 2026
Shell and Exxon have pulled a planned sale of strategic UK North Sea gas assets to Viaro, citing unresolved regulatory and market conditions after months of review.
News
January 13, 2026
INEOS has criticized the UK’s net-zero strategy after a report from the Institute of Economic Affairs (IEA) estimated decarbonization costs could reach £7.6 trillion, raising concerns over industrial competitiveness and energy security.
Article
December 2025
Uncertainty continues to cloud investment on the UK Continental Shelf, as high taxation, limited licensing, declining production and policy shifts reshape the UK energy outlook to 2050.
News
January 02, 2026
Baker Hughes has completed the closing of its surface pressure control JV with Cactus, marking a shift in ownership and capital allocation within the upstream equipment sector.
News
December 17, 2025
INEOS has committed £150 million to upgrade and secure the future of its Grangemouth industrial site, backed by UK government support. The investment aims to protect more than 500 jobs, improve efficiency and reinforce the site’s role as a cornerstone of British manufacturing.
News
December 12, 2025
Harbour Energy will acquire Waldorf Energy’s UK North Sea assets for $170 million, expanding its oil-weighted production and raising its stake in the Catcher field to 90%.
News
December 08, 2025
TechnipFMC secured a significant contract to design, manufacture and install flexible risers and flowlines for Ithaca Energy’s Captain field in the UK North Sea, advancing the field’s next phase of production growth.
News
December 08, 2025
TotalEnergies will merge its UK Upstream business with NEO NEXT to create NEO NEXT+, a new entity set to become the UK’s largest independent oil and gas producer with more than 250,000 boed in 2026. The deal strengthens North Sea consolidation efforts and reinforces long-term energy security.
News
December 01, 2025
Harbour Energy will cut 100 more UK jobs after the government retained the Energy Profits Levy through 2030. The operator says North Sea assets are struggling to attract capital under the 78% tax burden, following earlier workforce reductions.
News
November 26, 2025
The UK government’s decision to maintain the Energy Profits Levy (EPL) at a 78% headline tax rate continues to cloud investment planning for North Sea operators, according to Alan Stewart, Aberdeen-based partner at accountancy and advisory firm MHA.
News
November 26, 2025
The UK will keep its North Sea windfall tax in place until 2030, according to the Office for Budget Responsibility, despite industry warnings that the levy is accelerating production declines, deterring investment, and threatening thousands of offshore jobs.
News
November 25, 2025
A new survey shows UK offshore and underwater supply chain firms are weighing moves overseas as oil, gas and wind projects face mounting delays. Industry leaders warn that stalled timelines and policy uncertainty are eroding competitiveness and risking long-term capacity.
News
November 25, 2025
DeepOcean is nearing completion of a fully diverless disconnection of TotalEnergies’ Gryphon Alpha FPSO—an industry first enabled by proprietary subsea tooling and a major milestone in North Sea decommissioning.
News
November 21, 2025
UK energy leaders Sir Ian Wood and Martin Gilbert are sounding the alarm on North Sea investment, warning that the windfall tax is accelerating job losses and undermining the region’s world-class offshore talent.
News
November 20, 2025
Altera Infrastructure says Aberdeen’s deep offshore expertise is driving rapid progress at Ivory Coast’s Baleine field, where the Petrojarl Kong FPSO reached first oil in just 24 months and now supports growing local content and lower-emission operations.
News
November 19, 2025
DeepOcean has won a UK North Sea subsea tie-back contract involving riser, flowline and umbilical installation, with engineering led from Aberdeen and offshore work set in two phases.
News
November 18, 2025
At the Wider African Energy Summit in Aberdeen, operators and industry groups highlighted how UK offshore engineering and project-delivery expertise could help African nations accelerate upstream growth, strengthen gas monetization and improve emissions performance.
