News

The Great Energy Transition is under way, and may come to define this era, but it's not going smoothly. For the oil and gas ...
LABOUR was warned before last year’s general election that its policies could be “catastrophic” for the oil and gas sector as ...
Labour was warned there was a “real and present danger” its policies on oil and gas could be “catastrophic” for the industry ...
Scotland’s abundant natural resources give Aberdeen a unique edge. Thanks to its wind capacity, most of the 17 GW of floating ...
Net income from continuing operations for the first quarter of 2025 was $8 million, as compared to net income from continuing operations of $20 million in the first quarter of 2024. Adjusted net ...
And unlike steel, Britain's domestic energy sector is not a lost cause ... Almost all UK volume comes from the North Sea oil and gas basin. Production here reached 1.09 million barrels per ...
The UK's advantage lies not just in its wind resources, but in the industrial legacy of its North Sea oil and gas sector. The transformation of this infrastructure and expertise for renewable energy ...
The UK Government has been urged to back the North Sea to the same extent it has supported the stricken steel sector. Ministers passed legislation earlier this month to nationalise Chinese-owned ...
“The North Sea is central to Europe’s energy, food and supply chain security," said Bente Pretlove, director of food and ocean systems at DNV. "Collaboration across borders and sectors is ...
TotalEnergies' shutdown of the FPSO is part of a broader decommissioning strategy for its Gryphon field ...
Additionally, the sector faces stiff competition not only ... Almost all UK volume comes from the North Sea oil and gas basin. Production here reached 1.09 million barrels per day (bpd) last ...
But he must also recognise that parts of our industrial base, particularly the energy sector, are ready to power growth without bailouts or subsidies. North Sea operators don’t need nationalisation.