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HomeNorth Sea

North Sea

Exploration and Production

Transocean Acquires Valaris in $5.8 Billion Deal: A Game-Changer for Offshore Drilling

February 9, 2026 Clark Savage

In a landmark move shaking up the offshore drilling sector, Transocean Ltd. (NYSE: RIG) has announced its acquisition of Valaris Limited (NYSE: VAL) in an all-stock transaction valued at approximately $5.8 billion. This deal, unveiled […]

Crude Oil News

Norway Awards 57 Drilling Permits in Offshore Oil, Gas Exploration Round

January 14, 2026 Clark Savage

In a significant move to bolster its offshore energy sector, Norway’s Energy Minister Terje Aasland announced on January 13, 2026, the award of 57 production licenses to 19 companies in the annual Awards in Predefined […]

ENB Pub Note

Offshore pipeline closure risk: the hidden threat to GB energy security

December 30, 2025 Clark Savage

ENB Pub Note: This is an outstanding article from the Watt-Logic group, and we will reach out to the author, Kathryn Porter, to get her on the podcast to cover this story. This North Sea […]

Large UK Oil and Gas Company Explores U.S. Deals
Energy Transition

Large UK Oil and Gas Company Explores U.S. Deals – WSJ

November 26, 2025 Clark Savage

In a strategic pivot that underscores growing frustrations within the UK’s energy sector, Harbour Energy, the largest oil and gas producer in the North Sea, is actively scouting merger and acquisition opportunities across the United […]

Crude Oil News

No New North Sea Oil Wells for First Time Since 1960s: Labour’s Crackdown on Oil and Gas Industry Blamed for Collapse of Exploration in UK Waters

November 3, 2025 Clark Savage

In a stunning blow to the UK’s energy sector, 2025 is set to mark the first year since 1964 without any new exploratory oil wells being drilled in the British North Sea. This is yet […]

AI

CapEx Growth Returns: What It Means for Oil & Gas Investors – ENB Weekly Recap

November 1, 2025 Andy Del Prado

Weekly Daily Standup Top Stories Secretary Chris Wright has a plan for Rare Earth and Critical Minerals – What is the timeline? October 25, 2025 Clark Savage In an outstanding interview with Larry Kudlow on Fox […]

AI

Energy Addition, Not Transition — What It Really Means for Investors

October 30, 2025 Andy Del Prado

In the global energy landscape, the narrative of a swift “transition” away from fossil fuels to renewables has dominated headlines. However, a closer examination of demand trends, investment patterns, and infrastructure realities reveals a different […]

Big Oil Companies

Lower Oil Prices Hit Equinor’s Q3 Profits and They Miss Analysts Estimates

October 29, 2025 Clark Savage

Norway’s energy giant Equinor, a major player in the global oil and gas sector, released its third-quarter 2025 earnings on October 29, revealing a challenging period marked by declining oil prices that weighed heavily on […]

Crude Oil News

UK Government Policies: Taxes, Bans, and Accelerated Decline and Fiscal Collapse 

September 22, 2025 Clark Savage

Under the Labour government, North Sea operations face a barrage of measures that critics argue are deliberately stifling investment and production. A 78% tax rate on offshore profits, including a prolonged windfall tax introduced in […]

AI

The Grid Crisis No One’s Ready For – ENB Weekly Recap

September 20, 2025 Andy Del Prado

Weekly Daily Standup Top Stories America’s Grid is Nearing Its Breaking Point September 14, 2025 Clark Savage The United States’ power grid, once a marvel of 20th-century engineering, is now teetering on the edge of collapse. […]

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