UK North Sea-focused oil and gas company Jersey Oil & Gas said Friday it was in advanced exclusive negotiations with a significant UK North Sea operator over a farm-out of its interest in the Greater Buchan Alpha offshore licenses.Jersey Oil and Gas has been working to develop the Greater Buchan Area oil production hub project in the UK North Sea, to serve as a hub through which oil discoveries made by several operators in the Greater Buchan Area in the UK North Sea would be developed…
Britain shortlisted for state support a project by BP BP.L and Equinor to build a large-scale gas power plant with carbon capture and storage (CCS), the government's latest selection round showed on Thursday.The British government has shortlisted…
French oil major TotalEnergies has spudded the 'highly prospective' Benriach Well in the Laggan Tormore area, west of Shetland, UK.This is according to Kistos, TotalEnergies' partner in the project, who said Tuesday that TotalEnergies had started drilling at the exploration well…
Energy firm Vattenfall has selected offshore installation company Havfram Wind as a preferred supplier for the wind turbine installation services for Vattenfall’s Norfolk projects in the United Kingdom. Havfram Wind will transport and install the turbines over a period of 3 years…
Windfall taxes mean oil and gas producers in the British North Sea will likely leave 500 million barrels of oil equivalent in the ground over the next decade, the equivalent of one year's output in the aging basin, industry group OEUK said on Tuesday…
UK-based workers' union Unite said Saturday that its Worley Services UK members were the latest group of offshore workers to demand a better deal on jobs, pay, and conditions in the UK Continental Shelf (UKCS).Unite said that a 100% of over 50 workers…
Crown Estate Scotland has announced the results of the world’s first leasing round designed to enable offshore wind energy to supply offshore oil and gas platforms directly. Thirteen projects have been offered exclusivity agreements.INTOG (Innovation…
Oil and gas producer Capricorn Energy CNE.L said on Thursday it would cut three fourths of its UK staff to keep less than 40 employees there as the oil and gas producer focuses on its Egypt operations. Capricorn told Reuters that the consultation…
UK-based oil and gas company Serica Energy said Thursday it had completed the acquisition of Tailwind Energy and that admission of the completion consideration shares to trading on AIM has occurred.Serica said in December 2020 it would acquire Tailwind…
UK's Unite the union on Wednesday said that its members at BP Petrofac sites have voted to support a strike over pay at oil and gas facilities in the North Sea.'The vote will see the BP Petrofac workers join 1,400 others in dispute with their employers…
The UK offshore oil and gas regulator North Sea Transition Authority (NSTA) is investigating an unnamed oil company for possibly failing to meet licence commitments designed to stimulate activity, in support of the UK’s energy security.The North…
Offshore workers employed by Sparrows Offshore Services on BP’s North Sea installations have called off the strike action after securing an extra three weeks paid leave on BP assets, British union Unite said on Tuesday. The strike involved almost 50 workers at BP's Andrew…
Oil and gas company Serica Energy said Tuesday that the conditions precedent in relation to its proposed acquisition of Tailwind Energy from Tailwind Energy Holdings LLP had been satisfied, save for the condition precedent relating to the Admission of the Completion Consideration Shares…
Around 1400 offshore workers employed on the UK Continental Shelf (UKCS) platforms will take strike action in the next weeks, seeking better deal on jobs, pay, and conditions, workers' union Unite said Monday.According to Unite, platforms and…
Green hydrogen firm Lhyfe and UK-based energy and services company Centrica will jointly develop offshore renewable green hydrogen in the UK in what they say is 'a first' for the country. The two companies said they would explore combining their…
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