An early visit by Prime Minister Andy Burnham to meet North Sea energy operators and their workforce could mark a crucial turning point in government attitudes towards home-grown energy and the future of the offshore industry, says David Whitehouse, Chief Executive of Offshore Energies UK (OEUK). OEUK has requested an urgent prime ministerial visit to operators in Scotland and supply-chains in […]
Kistos maintained its full-year 2026 production guidance following strong operational performance during the first half of the year, while advancing development projects in the North Sea and progressing acquisitions of upstream assets in Oman.
Andy Burnham is expected to announce an expansion of North Sea oil and gas drilling in the early weeks of his premiership. Whilst the plans are not yet concrete and the announcement date is not certain, senior members of the party, including deputy leader Lucy Powell, have given confirmation that there will be a greater emphasis on North Sea oil and gas. Burnham begins his tenure in a tricky position, making clear his plans to abide by Labour’s 2024 manifesto — a manifesto which committed to not issuing new drilling licences.
UK energy industry leaders are calling on newly appointed Prime Minister Andy Burnham to overhaul North Sea oil and gas policy, arguing his new government has an opportunity to improve investment conditions while maintaining the country’s energy transition.
Andy Burnham, set to become the UK’s new Prime Minister on Monday following Keir Starmer’s resignation, is preparing to signal strong support for new oil and gas activity in the North Sea as part of an early policy push.
Within days of taking office incoming Prime Minister Andy Burnham is preparing to announce new drilling for oil and gas in the North Sea as well as taking public control of Thames Water. Burnham’s team has asked the civil service to draw up plans for new energy and water policies that can be revealed as […]
Serica Energy Chair David Latin and Ithaca Energy Executive Chairman Yaniv Friedman have been appointed conference co-chairs for SPE Offshore Europe 2027, which will be held Sept. 7-9, 2027, at P&J Live in Aberdeen. The two executives will lead the conference executive committee, helping shape the event’s strategic agenda as the UK North Sea industry continues to navigate investment […]
TechnipFMC PLC has received a contract to execute the Vår Energi ASA-led Ofelia and Gjøa Nord development projects on Norway’s side of the North Sea. TechnipFMC did not specify the value of the integrated engineering, procurement, construction and installation contract but said it was a “large” award, which the company defines as ranging from $500 […]
Partners in the Carmen discovery offshore Norway have confirmed the gas-condensate accumulation through an appraisal well that increased confidence in a resource estimated at 21 MMboe to 107 MMboe recoverable.
Equinor and partners Petoro, Shell, TotalEnergies and ConocoPhillips have approved an investment of approximately USD 410 million in a new subsea development to increase gas production from the Troll field in the North Sea, Equinor announced on Friday. The Troll West Increased gas recovery North (TWIN) project is expected to add approximately 11 bcm (388.5 bcf) of gas production […]