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
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
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
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
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
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
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
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
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
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
