Skip to content
The Energy Bulletin The Energy Bulletin Daily

Daily news

Primary Menu
  • Home
  • Daily News
    • Regions
      • Global
      • N. America
        • USA
        • Canada
        • Mexico
      • Middle East
        • Saudi Arabia
        • Iraq
        • Iran
        • Syria
        • Egypt
        • Israel
        • Gaza
        • Kuwait
        • Bahrain
        • United Arab Emirates
        • Jordan
        • Lebanon
        • Yemen
      • Asia
        • China
        • India
        • Pakistan
        • Japan
        • South Korea
      • Africa
        • Nigeria
        • Libya
        • Algeria
        • Tunisia
      • Europe
        • Russia
        • United Kingdom
        • Ireland
        • Turkey
      • Latin America
        • Venezuela
        • Brazil
        • Argentina
        • Ecuador
    • Topics
      • Prices
      • Oil
        • Shale Oil
        • Tar Sands
        • Peak Oil
      • Gas
        • Shale Gas
      • Other Sources
        • Coal
        • Nuclear
        • Renewables
          • Wind
          • Solar
          • Biofuels
      • Environment
        • Climate
        • Water
        • Air Quality
      • Energy Demand
        • Energy Demand
        • Transportation
      • Economy & Security
        • Economy
        • National Security
  • Weekly Review
  • Archive
  • Subscribe
  • About

Category: North Sea

Category:
  • North Sea
  • Shell

Shell Gets Green Light To Develop Jackdaw Gas Field

Shell won official consent to develop the Jackdaw natural gas field in the UK North Sea, eight months after the country’s regulator blocked the project on environmental concerns. Shell Plc Continue Reading

Posted On : 3 Jun 2022 Published By : Tom Whipple
Category:
  • North Sea

Significant Discovery at Equinor Operated Well

The discovery is said to have excellent reservoir quality. Longboat Energy has announced a “significant” discovery at the Equinor operated Kveikje exploration well (35/10-8S) in license PL293B. The preliminary estimate Continue Reading

Posted On : 6 Apr 2022 Published By : Tom Whipple
Category:
  • North Sea

UK looks to North Sea oil and gas in race to secure domestic energy supplies

The UK’s North Sea regulator plans to hold the first oil and gas licensing round since 2020 this year, as the country races to secure more domestic energy supplies in Continue Reading

Posted On : 21 Mar 2022 Published By : Tom Whipple
Category:
  • North Sea

Analysis: UK North Sea’s oil and gas future darkens after Shell’s Cambo exit

 Up until a few days ago, the leadership of British North Sea producer Siccar Point was negotiating the sale of a stake in the promising Cambo oil development to another Continue Reading

Posted On : 6 Dec 2021 Published By : Tom Whipple
Category:
  • North Sea

Gas Prices Are Exploding But North Sea Drillers Struggle To Profit

Natural gas producers in the North Sea are in a rush to increase production as a supply squeeze lifted gas prices in the UK and Europe to record highs. But Continue Reading

Posted On : 10 Sep 2021 Published By : Tom Whipple
Category:
  • North Sea
  • Norway

Aker BP May Have Drilled Its Last Well in the Barents

Aker BP ASA, Norway’s second-biggest oil operator, isn’t planning on drilling for more oil and gas in the Arctic Barents Sea. (Bloomberg) — Aker BP ASA, Norway’s second-biggest oil operator, Continue Reading

Posted On : 31 Aug 2021 Published By : Tom Whipple
Category:
  • North Sea

Shell evacuates more North Sea project workers on COVID-19 outbreak

Highlights OGUK calls for self-isolation exemption Shell Shearwater infections reach 26, but rate slowing No ‘blanket exemption’ for sector or roles: government Nearly 150 workers have been evacuated or are Continue Reading

Posted On : 21 Jul 2021 Published By : Tom Whipple
Category:
  • North Sea

The new North Sea players riding the wake of the retreating majors

Private companies’ share of UK oil and gas production reached nearly a third last year — up from just 8 per cent a decade ago as a new breed of Continue Reading

Posted On : 19 Apr 2021 Published By : Tom Whipple
Category:
  • North Sea
  • United Kingdom

The UK Prepares To Boost North Sea Drilling

The U.K. has announced a ‘Landmark Deal’ to drill new wells in the North Sea securing the future of U.K. oil and saving thousands of jobs while calling net-zero promises Continue Reading

Posted On : 26 Mar 2021 Published By : Tom Whipple
Category:
  • North Sea

North Sea oil drilling ban ‘unlikely’ but not ruled out by UK ministers: Source

The UK government is unlikely to impose an “outright” ban on new exploration licenses in the North Sea basin, a person close to the matter told S&P Global Platts on Continue Reading

Posted On : 16 Mar 2021 Published By : Tom Whipple
Category:
  • North Sea

U.K. Lawmakers Mull Ban on New North Sea Exploration: Telegraph

U.K. lawmakers are considering a ban on new oil exploration licenses in the North Sea as a move away from fossil fuels, a step that could hit jobs and the Continue Reading

Posted On : 15 Mar 2021 Published By : Tom Whipple
Category:
  • Exxon
  • North Sea

Exxon Sells UK North Sea Oil, Gas Assets For Over $1 Billion

ExxonMobil will sell most of its non-operated assets in the UK’s central and northern North Sea to private equity fund HitecVision for more than $1 billion, the U.S. supermajor said Continue Reading

Posted On : 25 Feb 2021 Published By : Tom Whipple
Category:
  • North Sea

Commodities 2021: Confidence slowly lifts in battered North Sea oil, gas industry

The North Sea oil and gas industry enters 2021 picking up the pieces after a vertiginous price collapse, but with an optimism that it has more to give as new Continue Reading

Posted On : 29 Dec 2020 Published By : Tom Whipple
Category:
  • North Sea

UK North Sea Summary Part I: Licensing, Drilling, Discoveries and Development

Discoveries and Development The global peak in oil and gas production for UK occurred in 1999 and 2000, probably delayed by four or five years by the Piper Alpha tragedy, Continue Reading

Posted On : 28 Dec 2020 Published By : Tom Whipple
Category:
  • North Sea

Ghost Rigs Could Become The New Normal In Offshore Oil

As Europe moves into yet another wave of Covid-19 lockdowns, there is growing concern surrounding the future of offshore workers. However, a move to digitalize the industry by introducing a Continue Reading

Posted On : 9 Nov 2020 Published By : Tom Whipple
Category:
  • China
  • North Sea

Chinese Oil Giant Could Buy Exxon’s North Sea Assets

Sinopec and a private equity-backed company are among some half a dozen candidates to acquire Exxon’s North Sea assets that the supermajor put up for sale earlier this year. Kuwait Continue Reading

Posted On : 23 Sep 2020 Published By : Tom Whipple
Category:
  • North Sea

New study confirms extensive gas leaks in the North Sea; recommends stricter guidelines for handling of abandoned wells

Researchers from the GEOMAR Helmholtz Center for Ocean Research Kiel have found that considerable quantities of the greenhouse gas methane escape uncontrolled into the water from abandoned oil and gas Continue Reading

Posted On : 3 Aug 2020 Published By : Tom Whipple
Category:
  • North Sea
  • South Korea

S Korea shifts focus to North Sea from US for light sweet crude imports

VLCC of Forties crude arrives in May for first time in 9 months Q3 North Sea crude, condensate imports may surpass 6 mil barrels Forties-WTI price spread on CFR Asia Continue Reading

Posted On : 9 Jul 2020 Published By : Tom Whipple
Category:
  • Exxon
  • North Sea

Exxon Prepares To Unload North Sea Assets

ExxonMobil is considering moving forward with its sale of some North Sea assets after months of delays, industry and banking sources told Reuters on Thursday. The sale, with the potential Continue Reading

Posted On : 12 Jun 2020 Published By : Tom Whipple
Category:
  • North Sea

UK DATA: Upstream oil output slumps 7% in Q1 on COVID-19, technical issues

UK oil production slumped by almost 7% on the year to 1.103 million b/d in the first quarter, official data showed Thursday, likely due to COVID-19 disruption as well as Continue Reading

Posted On : 28 May 2020 Published By : Tom Whipple
Category:
  • North Sea

33% Of North Sea Oil Is Now Too Expensive To Extract

The oil price collapse will result in one-third of the North Sea oil left untouched because it will be uneconomical to produce, a new study from the University of Aberdeen Continue Reading

Posted On : 21 May 2020 Published By : Tom Whipple
Category:
  • North Sea

Will the Coronavirus Pandemic Doom North Sea Oil?

 For decades, the oil rigs rising out of the North Sea off Scotland provided Britain with hundreds of thousands of jobs in a thriving industry and billions in tax revenue. Continue Reading

Posted On : 23 Apr 2020 Published By : Tom Whipple
Category:
  • North Sea

North Sea Oil Faces Crisis

Oil and gas production in the North Sea became viable due to the 1973 oil crisis. The Arab-Israeli conflict caused a serious disruption that led to skyrocketing prices. Energy security Continue Reading

Posted On : 6 Apr 2020 Published By : Tom Whipple
Category:
  • North Sea

Offshore workers’ jobs at risk in ‘double-edged’ crisis, union warns

Oil rigs in the Cromarty Firth Oil price wars and the public health pandemic could drive the North Sea oil and gas industry over the edge, putting tens of thousands Continue Reading

Posted On : 20 Mar 2020 Published By : Tom Whipple
Category:
  • North Sea
  • Wind

Total Shortlisted For $7 Billion Wind Project

Total is among the shortlisted bidders for an offshore wind power project that has been estimated to cost some $7 billion, Bloomberg reports , citing unnamed sources in the know. Continue Reading

Posted On : 29 Feb 2020 Published By : Tom Whipple
Category:
  • North Sea
  • Wind

The North Sea’s Most Important Energy Play Isn’t Oil

Things have not been looking good for North Sea energy. In fact, last November, Oilprice went so far as to declare that “ North Sea Oil Is Doomed With Or Continue Reading

Posted On : 22 Jan 2020 Published By : Tom Whipple
Category:
  • North Sea

Wildcat Well Comes Up Dry In Norwegian Sea

German energy group Wintershall Dea found no gas in the second wildcat exploration well that it has drilled in one license in Norway’s Norwegian Sea, after it found gas at Continue Reading

Posted On : 9 Jan 2020 Published By : Tom Whipple
Category:
  • North Sea

North Sea industry faces new pressures over climate, resource shortfall

Rising oil and natural gas production and an easing of the UK’s political crisis are giving rise to optimism in the North Sea. But concerns loom over an expected longer-term Continue Reading

Posted On : 7 Jan 2020 Published By : Tom Whipple
Category:
  • North Sea
  • Norway

Johan Sverdrup: Norway’s big bet on a rosy future for oil

In the middle of the North Sea, four metal platforms perched on yellow supports and weighing 100,000 tonnes sit above more than $1oobn of black gold. The Johan Sverdrup field, located Continue Reading

Posted On : 1 Jan 2020 Published By : Tom Whipple
Category:
  • North Sea

Giant North Sea Oilfield Boosts Production To 350,000 Bpd

The huge Johan Sverdrup oilfield in Norway’s North Sea is already producing 350,000 barrels of oil per day, two months after coming on stream, a senior executive at Equinor, the Continue Reading

Posted On : 4 Dec 2019 Published By : Tom Whipple
Category:
  • North Sea

North Sea Oil Is Doomed With Or Without Brexit

The uncertainty of the future of Brexit has left the United Kingdom’s economy in stagnation as business investment falters on the eve of the nation’s December general election. While Boris Continue Reading

Posted On : 22 Nov 2019 Published By : Tom Whipple
Category:
  • North Sea

Oil Major Makes 100 Million Barrel North Sea Discovery

Norway’s energy giant Equinor has made one of this year’s biggest discoveries in the North Sea estimated to contain up to 100 million barrels of oil equivalent in the most Continue Reading

Posted On : 8 Nov 2019 Published By : Tom Whipple
Category:
  • North Sea
  • Norway

North Sea oil’s fight-back: Johan Sverdrup boosts an embattled industry

 Norway’s Johan Sverdrup oil field is ramping up production to levels not seen in years in the North Sea. It is one of many changes underway in an industry characterized Continue Reading

Posted On : 4 Nov 2019 Published By : Tom Whipple
Category:
  • North Sea

Another Beneficiary Of The OPEC Deal Emerges

US shale won’t be the only beneficiary of higher oil prices if the commitment of OPEC and its Russia-led allies to extend their oil production cuts into March 2020 manages Continue Reading

Posted On : 3 Jul 2019 Published By : Tom Whipple
Category:
  • North Sea

Delek’s Ithaca to buy Chevron’s North Sea interests for $2 billion

Ithaca Energy Limited is buying Chevron’s British North Sea oil and gas field interests for $2 billion, the unit of Israel’s Delek Group said on Thursday. Delek said last month Continue Reading

Posted On : 30 May 2019 Published By : Tom Whipple
Category:
  • North Sea

North Sea Oil Production Struggling

North Sea oil production is struggling, according to independent energy research and intelligence business Rystad Energy. The company’s North Sea oil output forecast – which looks at crude and lease Continue Reading

Posted On : 21 May 2019 Published By : Tom Whipple
Category:
  • North Sea

Faltering North Sea Oil Production Set To Tighten Global Markets

Crude and lease condensate production in the North Sea is set for lower levels in the summer months, further tightening the global oil market which is already grappling with production Continue Reading

Posted On : 21 May 2019 Published By : Tom Whipple
Category:
  • Israel
  • North Sea

Israel’s Delek says made offer for Chevron’s North Sea oilfields

Israel’s Delek Group confirmed on Sunday it submitted a proposal through its Ithaca unit to buy Chevron’s oil and gas fields in the British North Sea. Last week Reuters reported Continue Reading

Posted On : 29 Apr 2019 Published By : Tom Whipple
Category:
  • North Sea

Tackling North Sea talent shortages

The North Sea is a mature oil and gas basin, which has seen its fair share of hard times over the last few years. But recent reports show cause for Continue Reading

Posted On : 16 Apr 2019 Published By : Tom Whipple
Category:
  • North Sea
  • Shale Oil

Marathon Oil Exits UK North Sea In Continued Focus On U.S. Shale

Marathon Oil said on Monday that it would be exiting the UK North Sea as it continues to focus on high-return U.S. shale oil operations. Houston-based Marathon Oil has signed Continue Reading

Posted On : 26 Feb 2019 Published By : Tom Whipple
Category:
  • North Sea

Shell to go ahead with Shearwater gas expansion in North Sea

Royal Dutch Shell said on Monday it would expand the Shearwater gas hub in the British North Sea, its seventh project to get the green light in the aging basin Continue Reading

Posted On : 11 Dec 2018 Published By : Tom Whipple
Category:
  • North Sea

Blockchain platform goes live for North Sea crude oil trading

Oil majors and trading firms can start finalizing crude oil deals on a live blockchain-based platform for the first time, in a move that could revolutionize the market. Commodities trading Continue Reading

Posted On : 29 Nov 2018 Published By : Tom Whipple
Category:
  • North Sea
  • Scotland

Dismantling the oil industry: rough North Sea waters test new ideas

Scottish marine salvage group Ardent is adapting the tanks it used to refloat the Costa Concordia, the cruise ship wrecked off the Italian coast in 2012, to decommission North Sea Continue Reading

Posted On : 27 Nov 2018 Published By : Tom Whipple
Category:
  • North Sea

Can North Sea Oil Stay Profitable?

The UK continental shelf in the North Sea has recently drawn attention with several significant asset sale deals that have seen Chevron reduce its exposure to the legacy production area Continue Reading

Posted On : 26 Oct 2018 Published By : Tom Whipple
Category:
  • North Sea
  • Norway

Chevron becomes first oil major to exit Norway

U.S. oil firm Chevron will become the first oil major to formally exit the Norwegian continental shelf (NCS) as it transfers its last stake in an exploration license, according to Continue Reading

Posted On : 11 Oct 2018 Published By : Tom Whipple
Category:
  • North Sea

North Sea Oil Renaissance Could Flop

Last year, when Oilprice wrote about a rush of investments into North Sea oil and gas, it looked like that part of the oil world was undergoing a seismic shift, Continue Reading

Posted On : 9 Oct 2018 Published By : Tom Whipple
Category:
  • Iran
  • North Sea
  • USA

U.S. grants BP, Serica license to run Iran-owned North Sea field

The United States has granted BP and Serica Energy a new license to run a North Sea gas field partly owned by Iran in a rare exemption by U.S. President Continue Reading

Posted On : 9 Oct 2018 Published By : Tom Whipple
Category:
  • North Sea

UK drilling continues to fall, risking North Sea industry: lobby group

 Industry group Oil & Gas UK warned Tuesday of a continued drop in North Sea drilling needed to sustain output levels in the longer term. Receive daily email alerts, subscriber Continue Reading

Posted On : 11 Sep 2018 Published By : Tom Whipple
Category:
  • North Sea
  • Norway

Equinor Raises Resource Estimate At Giant North Sea Oil Field

Equinor has raised the resource estimate for its giant oil field Johan Sverdrup in the North Sea and said it was able to drive development costs for the project further Continue Reading

Posted On : 28 Aug 2018 Published By : Tom Whipple
Category:
  • North Sea
  • Norway

The Next Major Challenge For Norway’s Oil Industry

The next challenge for Norway’s oil industry may not come from another oil price crash. It could come from a political uncertainty over which new areas Western Europe’s biggest oil Continue Reading

Posted On : 22 Aug 2018 Published By : Tom Whipple

Posts navigation

Older posts

Archives

  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
Website maintained by Post Carbon Institute
Theme: Royal Magazine by ThemeinWP