French oil major TotalEnergies and its fellow partners on the $20 billion Mozambique LNG project have agreed to provide additional equity to replace the previous contributions of British and Dutch export credit agencies, it said on Tuesday.The UK and Dutch agencies represented about 10% of the $15…
A consortium led by UK unmanned vessel developer ACUA Ocean has secured government support to develop a new 145-foot uncrewed offshore support vessel, aiming to scale up autonomous operations for offshore energy, logistics and surveillance.The Project MROS consortium…
Harbour Energy, a North Sea-focused producer, said on Monday it expected to cut 100 offshore jobs as part of an organisational review of its UK business.Lower commodity prices and an uncompetitive tax regime have pressured the UK oil and gas sector…
Britain and the Netherlands are withdrawing a combined $2.2 billion in support for the TotalEnergies-led Mozambique LNG project, they said separately on Monday, after both hired firms to probe human rights concerns surrounding the development…
Shell U.K. Limited, a subsidiary of Shell and Equinor UK Limited, a subsidiary of Equinor, completed a deal to combine their UK offshore oil and gas operations to form a new company, described as the largest independent producer in the UK North Sea…
Subsea7 has secured a sizeable contract by Ithaca Energy, for the provision of off-station decommissioning services for the Alba floating storage unit (FPU) and Greater Stella field FPF-1 production facility, off United Kingdom.The decommissioning scope includes the flushing of the subsea pipelines…
Britain's decision to issue more than two dozen oil and gas exploration licences was lawful, London's High Court ruled on Friday, dismissing a challenge by campaigners who said the government failed to consider the impact on climate change.Marine…
Britain will allow some new oil and gas production on or near existing fields, the government said on Wednesday, easing its stance on new licences while dashing oil and gas producers' hopes for an early end to windfall taxes on their sector…
Decommissioning activity on the UK Continental Shelf (UKCS) continues to grow as operators expand campaign-based approaches and rely on advanced planning and supply chain collaboration to manage rising costs and workloads, according to the latest report from Offshore Energies UK (OEUK)…
Thousands of U.K. jobs and billions in future tax revenue are at risk unless the government reforms the Energy Profits Levy (EPL), industry group Offshore Energies UK (OEUK) said ahead of the Autumn Statement.OEUK said statistical modelling…
Ocean services provider DeepOcean is nearing completion of a contract awarded by TotalEnergies for the disconnection and tow of the Gryphon Alpha floating production, storage and offloading (FPSO) unit, as well as the removal of associated subsea infrastructure…
Fugro has completed the geotechnical site investigations at the eastern array of Dogger Bank South Wind Farm, off UK.Fugro’s five-vessel campaign gathered core samples and cone penetration tests (CPT) data up to 50 meters below the seabed.According to RWE…
The UK North Sea Transition Authority (NSTA) has approved a three-year extension to the second term of License P2244, which contains the Pilot oil field, pushing the expiry date to December 2028.Orcadian Energy holds an 18.75% carried interest in the license…
EnergyPathways has applied for a gas storage license covering the natural gas and hydrogen storage components of its MESH energy project in the East Irish Sea, expanding the area targeted for salt cavern development nearly fourfold.The company…
IKM Testing UK has outlined plans to expand its workforce and service offering, after it had booked more than $8.5 million (£6.5 million) in decommissioning project sales for 2025.The offshore decommissioning and pipeline services provider will…
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