OilPrice.com on MSNOpinion
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 ...
The current is at work once more, this time as the industry faces deep difficulties. Complaints from north of the border—most ...
NOT a single exploration well was drilled in North Sea waters in 2025 – the first year since oil and gas was discovered there ...
The Norwegian Offshore Directorate report makes clear that Norway’s sector of the North Sea will remain productive for years.
The UK oil and gas industry suffered its worst ever year for exploration in 2025, with investment set to plunge further, as ...
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Orcadian Energy steadies North Sea strategy as new tax regime eases UK oil and gas uncertainty
Orcadian Energy Plc ( ($GB:ORCA) ) has issued an announcement. Orcadian Energy reported audited results for the year to 30 June 2025, noting that ...
North Sea oil fields were were once described as ‘climate vandalism’ by Ed Miliband, the Energy Secretary - Paul Campbell/PA Wire Two of the North Sea’s most controversial drilling projects are poised ...
UK oil and gas producers — already suffering from high taxes and waning output — now also face the imminent risk of being hit by a pullback in operations by equipment and services suppliers, a lobby ...
Shell PLC and Equinor ASA have named their United Kingdom North Sea joint venture Adura, which they announced December as the biggest independent producer on the UK’s side of the sea. “Work continues ...
Oil and gas majors Shell and Equinor have completed the transaction to combine their offshore UK oil and gas operations in a 50/50 joint venture, Adura, which will be UK’s largest independent North ...
Labour is raising taxes and environmental standards on North Sea oil and gas while refusing to issue new licences, but insists hydrocarbons will remain part of the UK’s energy mix. Wood Mackenzie ...
UK Prime Minister Keir Starmer has insisted that his government will maintain a pragmatic approach to the country’s future energy mix, including the use of North Sea oil and gas, during a joint press ...
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