UK/UKCS
News
February 15, 2022
Proserv Controls has secured a contract from DEME Offshore for the provision of the inter-array cable monitoring system for the first two phases of the Dogger Bank Wind Farm, which when complete will be the largest offshore wind farm.
News
February 09, 2022
Several oil and gas field developments awaiting regulatory approval have already been factored into the U.K.’s long-term plans for carbon neutrality.
News
February 07, 2022
The Sparrows Group announces a contract with Serica Energy North Sea for crane operations and maintenance services.
News
January 21, 2022
The bank expects stockpiles to slide even lower by the end of the year, after falling substantially in 2021, according to a research note to clients. Spare supply capacity will shrink to 2 million barrels a day from the current 3.4 million.
News
January 17, 2022
Scotland awarded rights for a massive offshore wind development more than twice the size of the UK’s current capacity, in a move that surprised the market for its scale and was welcomed by environmentalists.
News
January 17, 2022
Brent oil traded near the highest intraday level since 2014 as the market tightened and concerns about the impact of omicron eased.
News
January 12, 2022
Equinor ASA will make a $1.8 billion impairment on its Mariner field after slashing reserve estimates for the U.K. North Sea oil deposit.
News
January 29, 2021
After former Secretary of State John Kerry, warned that natural gas pipelines could become “stranded assets” within 30 years as the administration seeks to end carbon emissions from power plants, owners turn to hydrogen to keep three million miles of U.S. pipelines from going obsolete.
News
January 28, 2021
Neptune Energy and its joint venture partners bp and JAPEX, announced drilling has commenced on the Seagull project in the UK Central North Sea.
News
January 19, 2021
The five-year consolidated services contract, valued at $130 million, will see Wood leverage its experience and capability in late life asset optimization and management to extend field life, lower costs, and reduce late life carbon intensity across the Hub’s offshore assets in the East Irish Sea and the Barrow onshore gas terminal on the northwest coast of England.
News
January 15, 2021
The UN Principles for Responsible Investment estimates that some 42 companies announced net-zero targets in 2019 and 2020. More than half of those plan to plant trees, preserve forests or capture CO₂ in order to get there, even as their own businesses continue to warm the atmosphere.
News
January 15, 2021
Marubeni Corp. could all but exit the UK North Sea as it looks to sell its main oil and gas fields in the region, according to people with knowledge of the matter.
News
January 13, 2021
Maersk Drilling has been awarded a contract from Spirit Energy for the harsh-environment jack-up rig Maersk Resolve to drill one development well at Grove North East in the UK North Sea.
News
January 13, 2021
Upon completion of the acquisition, ITC Global will become a cornerstone of the Marlink Group, supporting the expansion of Marlink's global leadership in the energy and enterprise markets.
News
January 08, 2021
Democratic wins in elections in Georgia mean the party is poised to take control of the Senate, House and presidency, spurring a broad move higher in financial markets. That came after Saudi Arabia pledged earlier in the week to cut production by 1 million barrels a day in February and March.
News
January 08, 2021
“Opening the shale revolution to the world through the export ban lifting helped shift the global oil market psychology from supply scarcity to abundance,” said Karim Fawaz, director of research and analysis for energy at IHS Markit. “It unshackled the U.S. industry to keep growing past its domestic refining limitations.”
News
December 31, 2019
The 32nd UK Offshore Licensing Round, which closed on 12th November 2019, offered acreage in the Central North Sea, Northern North Sea, Southern North Sea and the West of Shetlands.
News
December 18, 2019
Maersk Drilling has received notification that Perenco is cancelling the previously announced three-well contract for the jack-up rig Maersk Resolute in the UK North Sea.
News
December 17, 2019
The leading representative body for the UK’s offshore oil and gas industry has underlined its commitment to developing the technical solutions required to help meet the UK and Scotland’s net zero ambitions.
News
December 17, 2019
Located at the company’s Kirkbymoorside base in North Yorkshire, UK, the pressure test tank is one of the largest in Europe and provides a well-located facility for the critical testing of subsea equipment.
News
December 04, 2019
Royal Dutch Shell won a court ruling preventing environmental protesters from boarding unmanned oil installations in the North Sea.
