What do Shetlanders feel about Rosebank, the UK's biggest untapped oil and gas field, being on their doorstep? View on ...
British oil and gas has been in decline for several decades as the basin slowly gets used up. As a result, companies like ...
In 2024 the country’s highest court ruled on the climate impact of UK onshore oil and gas production, with tumultuous ...
Parkmead, the Aberdeen-based independent energy group, is selling its UK offshore oil licences in response to government ...
As production from existing fields dwindles and the average ... The two firms currently employ about 1,300 people in upstream oil and gas roles in the UK, and pump almost 140,000 barrels a day ...
Far from withdrawing investment, Ithaca has just completed a £750mn deal with Eni (IT:ENI), the Italian energy major, to acquire most of its UK oil and gas fields. The all-share tie-up has vaulted ...
Shell UK has been producing oil and gas from the North Sea for more ... Offshore, the company has interests in more than 50 fields, 25 platforms, and one floating production and storage offshore ...
"The UK basin is maturing and production ... 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 ...
the new entity will also hold Equinor's 80% operating stake in the ~0.5Bboe Rosebank oil field and Shell's 100% stake in the ~0.2Bboe Jackdaw gas field. With the UK North Sea Authority having ...
Shell said the deal was intended to sustain domestic oil and gas production ... Shell’s UK production business is forced to compete with those fields for investment from the global company.