Tagged With North Sea
North Sea—what lies beneath
7 June 2017
Shell wants to leave some of its defunct Brent infrastructure at sea. It’s the cheap way to decommission—but might also have ecological benefits
The UK is officially leaving the EU. What now for energy?
5 April 2017
UK prime minister Theresa May has hailed the dawn of a "Global Britain", but Brexit's critics say it will cripple the economy, kill access to its main market, spark ruinous inflation and shred the country's global influence.
An M&A lifeline in the North Sea
15 March 2017
Assets that cut tax bills could be a blessing for UKCS operators looking for a bargain
North Sea struggles in a new era
1 February 2017
Higher oil prices would help, but they won’t restore glory to an increasingly marginal play
The slippery slope
2 December 2016
Europe's upstream struggled in 2016, leaving the continent more dependent on imports
North Sea - comeback basin?
22 November 2016
Thanks to the innovation of independent producers, predictions of the UK North Sea's death may be premature
The future is here
14 September 2016
Decommissioning the North Sea used to be something to worry about later. But the time to clean up the fast-declining province is nigh
High costs and high risks in the North Sea
5 July 2016
In a period of weaker oil prices, can the UK’s offshore cope with Brexit too?
North Sea output heads south
29 April 2016
Slowing offshore activity in the UK and Norway is prompting support
Brexit schmexit
15 March 2016
A UK vote to leave the EU wouldn’t much affect the North Sea. It has bigger fish to fry
The storm nears in the North Sea
25 February 2016
UK and Norwegian oil output has defied gravity for the past year, but the slowdown will become plain in 2016
Production forecasts: falling, not freezing
25 February 2016
Welcome to our in-depth report on production forecasts
UKCS: still got it at 50
21 January 2016
Despite low oil prices and extensive job losses, UK North Sea production isn't going into meltdown
UK Premier sells Norwegian business for $120m
16 November 2015
Premier has quit Norway, selling assets to Det norske oljeselskap in a cash deal worth $120m
MOL spreads exploration and production risk
23 October 2015
The Hungarian MOL Group is spreading its upstream risk more evenly, balancing growth in the relatively stable North Sea
Norway completes Polarled line under budget
20 October 2015
Work on the 26.6bn cm/yr Polarled line is now done. It is the first pipeline on the Norwegian continental shelf to cross the Arctic Circle
UK oil and gas production gracefully coming to an end
11 September 2015
The UK’s offshore oil and gas bonanza has been an amazing success story: it contributed enormously to national wealth and made the country self-sufficient for a time
Hope remains for the UK North Sea prospects
7 August 2015
The UK Continental Shelf still has its attractions for the producer, sky-high costs notwithstanding. This year might even see a year-on-year rise in output, with regulatory enhancments still to come
Oil & Gas Authority sets out its aims
7 August 2015
The newly-created Oil & Gas Authority will oversee the operations of UK North Sea producers as the province moves into a period of deeper decline. Petroleum Economist asks how it will achieve this
BP invests $1bn in UK North Sea project
5 August 2015
The investment will bring new life to the Eastern Trough Area Project in the central North Sea
North Sea rocked by price fall as production costs double
21 March 2015
Lower oil prices are re-shaping oil and gas operations in the North Sea — with UK waters seeing the most drastic changes
Spending on UK upstream projects could drop by half
16 January 2015
The North Sea's future is in the balance after falling oil prices and rising costs have threatened funding
One third of UK North Sea projects to become uneconomic
9 October 2014
OGUK warned that the falling oil price will render the projects uneconomic and lead to accelerated shut downs
Global offshore activity worst since 1999
6 October 2014
With oil companies focused on cost cutting, projects have been feeling the pinch
Statoil shuts production in Huldra after 13 years
3 September 2014
The field in the Norwegian North Sea was discovered in 1982 and has produced around 17.5 billion cubic metres (cm) of wet gas
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