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 […]
Bilfinger and Schneider Electric have successfully deployed an autonomous offshore buoy in the North Sea, demonstrating a new approach to powering and controlling remote subsea assets without the need for permanent offshore personnel or traditional umbilical connections. The Normally Unmanned Installation (NUI) buoy, developed for Buoyant Production Technologies (BPT), a subsidiary of Crondall Energy, completed 1,000 hours of […]
Vår Energi has taken final investment decision (FID) on the Balder Next New Wells project in the North Sea, advancing the next phase of development in the Balder area and adding 86 MMboe of reserves tied to the Jotun FPSO.
EnerMech has secured a multi-year contract to deliver integrated topside process services across a portfolio of offshore assets in the UK Continental Shelf (UKCS), further strengthening its position in the North Sea.
Aker BP has awarded Aker Solutions a long-term maintenance, modification and operations (MMO) contract covering all Aker BP-operated assets on the Norwegian Continental Shelf.