A French energy giant has shut down a key North Sea hub amid growing concerns over the Government’s windfall tax.
French supermajor TotalEnergies announced last year it would decommission FPSO as part of broader strategy for Gryphon field ...
He was commenting on an article in which US oil giant Apache said it was quitting the North Sea because of the windfall tax ...
Norway gets it’s oil from the same oil fields that the UK has access to in the North Sea. We are literally buying our own oil ...
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 ...
The Scottish Government has been urged to end its presumption against new oil and gas in the North Sea and give its "full-throated support" to the industry. Holyrood announced in 2023 that its ...
In a separate statement posted on Equinor’s site back in November, the company announced that it had “struck oil and gas near the Fram field in the North Sea”. The discovery is estimated at ...
The British North Sea is one of the world's oldest offshore oil and gas basins where production has been in steady decline ...
In 2024, the Troll field in the North Sea produced more gas than ever before, and emissions were significantly reduced.
The move will jeopardise output from five North Sea fields that rely on the Gryphon for processing, meaning an estimated 9m barrels of oil will remain untapped in the ageing basin. The Treasury is ...