10000 results found for 'North Sea'

10000 results found for 'North Sea'
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  • Future of North Sea oil project may be up in the air as trio contemplates UK tax policy’s impact

    27 November 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation

    Following the UK’s decision to retain its current fiscal and regulatory regime regarding Britain’s oil and gas policy, Aberdeen-based full-cycle energy business NEO NEXT Energy and its partners, Serica Energy and Jersey Oil & Gas (JOG), are expected to gather together to determine their next steps for a proposed oil redevelopment project in the North Sea on the UK Continental Shelf (UKCS).

  • Hamburg Declaration: North Sea countries target 100 GW of cross-border offshore wind, boost to green hydrogen

    26 January 2026
    Authorities & Government, Regulation & Policy

    Energy ministers from nine North Sea countries signed the ‘Hamburg Declaration’ at the North Sea Summit in Hamburg on January 26, agreeing to work towards up to 100 GW of cross-border offshore wind capacity in the North Seas by 2050, while also advancing offshore renewable hydrogen as part of a more integrated regional energy system. […]

  • North Sea oil & gas operators urged to up production ante by stepping up well intervention and development drilling game

    28 October 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    As energy security concerns continue to run the show, Great Britain’s regulator, the North Sea Transition Authority (NSTA), has called on oil and gas operators to join forces and bolster well interventions and development drilling activities to revive shut-in wells to sustain domestic oil and gas production, which will lower the reliance on energy imports, support the supply chain, and unlock cost-efficient energy output.

  • Green light for Vår Energi to spud North Sea exploration well

    9 October 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Vår Energi, Norway’s oil and gas player, has obtained the Norwegian authorities’ blessing for drilling activities in the North Sea off the coast of Norway.

  • Equinor gets the all-clear to deploy export solution for North Sea gas

    7 October 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Equinor has received the Norwegian authorities’ blessing for a new gas export solution, which will create an alternative path for gas exports from a platform in the North Sea to bolster Norway’s energy security.

  • BP is on a roll with sixth major project up and running: More North Sea oil & gas unlocked

    9 October 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    UK-headquartered energy giant BP has brought online an oil and gas field in the North Sea, which is developed as a subsea tie-back to an existing platform on the UK Continental Shelf (UKCS).

  • North Sea operator steps up oil project’s game with boost in production and reserves

    7 October 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Norwegian upstream oil and gas player Vår Energi has ramped up its production and reserves from a field in the North Sea by bringing online a new low-pressure project off the coast of Norway.

  • Tenaz gains access to ‘highly prospective’ North Sea gas assets in $244M deal

    6 October 2025
    Business & Finance, Business Developments & Projects

    Canada’s public energy company Tenaz Energy has acquired a private company holding interests in an offshore development on the border between the Dutch and German sectors of the North Sea.

  • Mermaid Subsea performs ‘fast-track’ subsea recovery project for major operator

    3 November 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders

    Aberdeen-headquartered Mermaid Subsea Services (UK) has completed a fast-track subsea recovery project in the North Sea for what it says is a major operator. The subsea campaign involved the internal and external severance of casing, conductor, guide pipe and cement lines, local seabed excavation, recovery of the CAN-Basic structure and management of associated materials, as well […]

  • Shell and Equinor breathe life into UK North Sea’s ‘largest’ independent oil & gas producer

    1 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Adura, an incorporated joint venture (IJV) between the UK’s Shell and Norway’s Equinor, has been born, combining the two energy heavyweights’ offshore oil and gas operations on the UK Continental Shelf (UKCS).

  • Multimillion-dollar fine for EnQuest over 33 idle wells as UK cracks down on decom inactivity

    9 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Rules & Regulation

    Great Britain’s regulator, North Sea Transition Authority (NSTA), has hit London Stock Exchange-listed energy player EnQuest with a penalty over decommissioning failures related to 33 inactive wells.

  • Heerema secures decom contract for BP’s North Sea platform

    2 October 2025
    Business Developments & Projects, Project & Tenders

    Heerema Marine Contractors has secured a decommissioning contract with the U.K.-headquartered energy giant BP.

  • 13 UK operators fall behind on their decom duty with 153 wells in arrears

    2 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Rules & Regulation

    Great Britain’s regulator, the North Sea Transition Authority (NSTA), has signaled its readiness to tackle the decommissioning deficit on the UK Continental Shelf (UKCS) by revealing the names of operators that are lagging behind their peers in the decommissioning department.

  • Prosafe vessel staying longer with Ithaca in UK

    14 November 2025
    Business Developments & Projects, Vessels

    Ithaca Energy (UK) Limited has extended the stay of an accommodation, safety, and support vessel (ASV) from Prosafe’s fleet at a field it operates in the UK North Sea.

  • Shell flows first gas from North Sea field

    1 October 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Shell has kicked off production from a gas field in the North Sea, which is expected to help maintain domestically produced gas for Britain’s homes, businesses, and power generation.

  • $25.6M acquisition expanding Serica’s North Sea footprint

    30 September 2025
    Business & Finance, Business Developments & Projects

    The UK-based upstream oil and gas player Serica Energy has signed a sale and purchase agreement to acquire 100% of the issued share capital of Prax Upstream from Prax Exploration & Production.

  • German TSO opens €11.7 million tender for marine warranty surveyor services

    14 October 2025
    Project & Tenders

    50Hertz has launched an €11.7 million call for tenders for marine warranty surveyor (MWS) services for offshore wind energy projects in both the Baltic Sea and the North Sea. The German TSO is looking to award a framework agreement(s) for MWS services through four lots, with the contract for each lot worth a little less […]

  • Shell, BP, Ithaca, GE Vernova book Valaris’ five rigs for oil & gas and offshore wind jobs

    27 October 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Bermuda-incorporated offshore drilling contractor Valaris has divested one mobile offshore drilling unit (MODU) from its fleet and found multimillion-dollar assignments for five rigs within the oil and gas and offshore wind realms.

  • TechnipFMC picked for flexible pipe for Ithaca’s Scottish field

    9 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    North Sea oil & gas operator and producer Ithaca Energy has appointed TechnipFMC to deliver flexible pipe for its development in the UK North Sea. Under a contract defined as significant, TechnipFMC will design, manufacture, and install flexible risers, flowlines, and associated hardware for the Captain development, located approximately 145 kilometers north-east of Aberdeen, Scotland, […]

  • Dutch wave energy device all good during first night at sea

    24 February 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Technology

    A wave energy converter (WEC) developed by Wave Energy Collective (Weco) has spent its first night in the North Sea, with the Hague-based company confirming that everything worked as expected. Weco reported that its Kaizen 2.0 WEC had been deployed with an improved installation procedure and exposed to cold North Sea waters, with all sensors […]

  • North Sea operator raises its stake in UK gas field

    1 October 2025
    Business & Finance, Business Developments & Projects

    Ithaca Energy, a North Sea oil and gas operator and producer, has completed its acquisition of an additional stake in a gas field on the UK Continental Shelf (UKCS).

  • Oil-to-CO2 storage wells begin transformation journey offshore Denmark

    30 March 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Infrastructure, Outlook & Strategy, Project & Tenders, Storage, Transition, Vision

    North Sea wells originally used for oil production are currently being prepared for CO2 storage as part of the Greensand Future project in Denmark, which will store carbon dioxide in the Nini West field located approximately 240 kilometers northwest of Esbjerg. To remind, in December 2022, Project Greensand was granted an exploration permit for the injection […]

  • New oil & gas UK offshore hub for Serica with TotalEnergies’ assets in the bag

    26 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    UK-based upstream oil and gas player Serica Energy has wrapped up the acquisition of an interest in West of Shetland gas fields and assets from France’s energy giant TotalEnergies. The move expands the British player’s footprint on the UK Continental Shelf (UKCS).

  • Denmark grants its first-ever approval for CO2 storage facility

    18 December 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Infrastructure, Outlook & Strategy, Project & Tenders, Storage, Transition, Vision

    Denmark has issued its first-ever approval for a full-scale CO2 storage facility, clearing the Greensand Future project to store CO2 in the Nini West field in the North Sea. The Danish Energy Agency reported today, December 18, that the licensees behind Greensand Future, INEOS E&P, Harbour Energy and Nordsøfonden (the Danish North Sea Fund), are […]

  • Harbour Energy obtains go-ahead for North Sea drilling ops with Transocean rig

    2 October 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Harbour Energy has secured a permit to spud a wildcat well in the Norwegian sector of the North Sea, which will be done with a semi-submersible rig owned by Transocean.