UK’s NSTA says the decommissioning cost estimate on the UKCS has dropped 25 per cent to £44.5 billion (about $54.2 billion).
Orcadian Energy and Carrick Resources have executed a formal agreement for the farm-out of a prospect in the UK North Sea.
NEO Energy has filed its environmental statement for the redevelopment of the Affleck field in the North Sea to the UK’s authorities.
UK’s Unite the union has raised safety concerns for crew aboard the Foinaven FPSO ahead of strike action set to begin this Friday.
Equinor has secured a permit from the country’s authorities for the drilling of a wildcat well, located in the Norwegian Sea.
A new deal signed between an oil and gas operator and a green energy and infrastructure developer will see the creation of one of the UK’s first wind-powered oil and gas production facilities.
i3 Energy and Europa Oil & Gas have completed a farm-in agreement ahead of the drilling of an appraisal well planned for September.
Equinor has received consent from Norway’s safety regulator for exploration drilling in the North Sea, using one of Transocean’s rigs.
On 28 July, the Greek Parliament passed a bill comprising regulations on the permitting of offshore wind projects and their development and operation, marking the country’s first legislative move on offshore wind energy.
Irish tidal and river energy technology developer Tidal Flyer has tested its system at LiR National Ocean Test facility (NOTF), Ireland’s flagship facility for testing and development of offshore technologies, under the support of the Selkie project.
Norway’s offshore safety regulator has granted Aker BP consent for life extension for a field located in the North Sea off Norway.
Shell has taken the final investment decision to develop the Jackdaw gas field in the UK North Sea, following regulatory approval earlier this year.
Wave Energy Scotland (WES) has launched a tender for a study into the techno-economic benefits of shared services and infrastructure for wind and wave energy generation technologies and projects.
With the next United Nations Climate Change Conference approaching in a few months, governments and energy companies around the globe are working on strategies on how to shift from fossil fuels to renewable energy.
