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HomeNorth Sea

North Sea

New British Prime Minister Liz Truss walks outside Number 10 Downing Street
Energy Crisis

UK Prime Minister Liz Truss to scrap frac ban -report

September 7, 2022 Clark Savage

 Britain’s new Prime Minister Liz Truss will on Thursday scrap the country’s fracking ban and will seek to make more use of North Sea reserves, the Telegraph newspaper reported. The reported moves are part of what […]

Germany
ET Renewable

Dutch build out North Sea wind farms, test floating solar panels

August 27, 2022 Clark Savage

Wind turbines, floating solar panels, and green hydrogen at sea are among the projects under construction off the Dutch coast. Wind turbines from Vattenfall are seen at the North Sea in Scheveningen, Netherlands August 25, […]

UK North Sea
Finance

UK North Sea Tax Receipts Now $27 Million Daily

August 2, 2022 Clark Savage

The UK Government is being urged to do more to support families, businesses, and the energy transition after research by the Aberdeen & Grampian Chamber of Commerce (AGCC) revealed a 662 percent increase in North […]

UK
Exploration and Production

UK firm invests millions in new facility to support North Sea oil & gas industry

July 18, 2022 Clark Savage

Aberdeen-based safety equipment manufacturer Dräger Marine & Offshore, a subsidiary of Dräger, has revealed a multi-million-pound investment in a new facility, which the firm describes as a demonstration of its commitment to the North Sea energy industry. […]

Shell
International News

Shell Gets Green Light To Develop Jackdaw Gas Field

June 3, 2022 Clark Savage

Shell Plc won official consent to develop the Jackdaw natural gas field in the UK’s North Sea, eight months after the country’s regulator blocked the project on environmental concerns. The move marks a change in […]

UK
International News

Shell warns UK North Sea tax levy bad for oil, gas, renewables supply investment

May 30, 2022 Clark Savage

HIGHLIGHTS Shell ratchets up pressure following unplanned 25% levy Reliefs don’t extend to renewables investment, Shell notes Shell a major North Sea investor with projects in pipeline Shell May 27 warned the UK’s new ‘energy […]

Boris Johnson
International News

Boris Johnson says UK must keep North Sea oil and gas flowing

May 29, 2022 Clark Savage

(Bloomberg) — Boris Johnson said he wants to keep North Sea oil and gas flowing to help tackle the rising cost of living and urged companies to boost investment. The prime minister’s comments underscore the […]

total-uk-north-sea
Exploration and Production

UK North Sea eyes chance of revival in energy crisis

May 16, 2022 Clark Savage

(Bloomberg) — Six months ago, U.K. North Sea oil and gas faced the bleakest outlook in its 50-year history. The government was focused on hosting the COP 26 climate talks and environmental groups were close […]

International News

Boris Johnson urges oil majors Shell, BP to invest in renewables

May 13, 2022 Clark Savage

(Bloomberg) — Boris Johnson urged the oil majors BP Plc and Shell Plc to invest “massively” in renewables to shore up the U.K.’s energy security, as soaring prices squeeze household budgets. The prime minister told […]

Suncor assesses the sale of its stake in Rosebank field offshore UK - ENB
International News

Equinor : New oil and gas discovery by the North Sea Troll and Fram area

April 11, 2022 Clark Savage

Equinor, which is the operator of production licence 293 B, has discovered oil and gas close to the Troll and Fram area. Based on preliminary estimates the size of the discovery is between 4 and […]

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