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UK North Sea Oil Enters Survival Mode as Investment Dries Up
UK North Sea oil and gas endured its toughest year in decades in 2025, with investment pulled back sharply and offshore ...
US President Donald Trump urged Keir Starmer to extract more oil from the North Sea and criticized UK taxes on fossil fuels in his latest attack on the prime minister’s policies during a five-day ...
UK North Sea assets are consolidating rapidly, with mergers involving Harbour Energy, TotalEnergies, Shell and Equinor concentrating over 500,000 boe/d of output as operators adjust their strategies ...
President Trump said the North Sea was a “treasure chest,” but its high taxes were driving away oil producers. By Jenny Gross Reporting from London During President Trump’s four-day visit to Scotland, ...
The UK government’s decision to keep the windfall tax on North Sea oil and gas operators could wipe out as much as $20 billion (£15 billion) of potential investment in Britain’s offshore oil and gas ...
Mark Ireland has previously received funding from companies with fossil fuel interests. “We are going to get all our oil and gas out of the North Sea”, Conservative Party leader Kemi Badenoch said ...
Murlach adds a peak net production of about 15,000 boe/d to the bp-operated Eastern Trough Area Project (ETAP) in the central North Sea. bp started oil and gas production from Murlach field in the UK ...
Delegates at this year's Offshore Europe conference in Aberdeen have voiced concerns that the long-established local supply chain could be a victim of fiscal and regulatory uncertainty in the UK North ...
The North Sea is "very unprotected" and vulnerable to possible Russian sabotage attempts on critical undersea infrastructure NATO nations heavily rely on, according to a senior Dutch military official ...
Plans to reduce emissions through electrifying UK North Sea oil and gas platforms are at risk from current fiscal and licensing conditions, leading industry figures have told Upstream, with reforms to ...
Aker BP has discovered oil at Omega Alfa in the Norwegian North Sea, adding substantial resources to the Yggdrasil area and bringing the company closer to its production goals. Aker BP has discovered ...
Petroface, a North Sea oil and energy services group, could file for insolvency as early as Monday morning before markets open, it has been reported. The company’s board is reportedly holding ...
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