Remarkably they all agree on one basic fact - the Rosebank oil field in the Atlantic and the Jackdaw gas development in the North Sea were approved unlawfully. However, the lawyers disagree ...
and the government's North Sea Transition Authority (formerly known as the Oil and Gas Authority), could make a fresh decision about the fields’ licences, armed with a fuller understanding of ...
Oil production has slowed in the past decade but new discoveries are still being made in the North Sea. 16:58, 19 DEC 2024 Dumfries and Galloway firm to play leading role in project to store ...
The fate of those new fields also hinges on the results ... of investors open to considering acquiring oil and gas companies with UK North Sea assets. “Expect operational and tax synergies ...
Equinor discovered oil and gas reserves near the Troll field in the North Sea, estimated at 2–12 million barrels. The small Ringand find may not be viable alone but could combine with future ...
Ms Reeves has months to come up with a fairer way of taxing oil and gas firms ... month that it would end North Sea operations by 2030. It operates the giant Forties field. Firms will likely ...
Shell, with UK output of more than 100,000 boed, is developing the Jackdaw gas field. Other oil groups have formed North Sea ventures in recent years, including Eni and Ithaca Energy in Britain ...
which became one of the basin's most important fields and gave its name to the global oil benchmark. The new entity would be the British North Sea's biggest independent producer, but there is no ...