More wells scheduled
More oil and gas developments are expected to go ahead in British waters this year than over the last three years, according to new research.
Boost for north east economy
BP has made two new oil and gas discoveries in the UK North Sea
As Serica buys BP assets
Petrochemicals group Ineos is extending its activities in the North Sea by buying two licences to explore for gas.
Ratcliffe expanding interests
Energy billionaire Jim Ratcliffe has joined the bidding for Royal Dutch Shell’s North Sea assets…
Explorer expands in North Sea
Parkmead, the Aberdeen-based oil explorer and producer headed by tycoon Tom Cross, has doubled its stake in the Polecat and Marten oil fields in the UK Central North Sea. ..
Engineering and services firm SengS has been awarded North Sea contracts worth £500,000 as the business continues to capitalise on opportunities presented by the low oil price. The Ellon-based company,Read More
Calls for more collaboration
Government departments need to share the aims and objectives of the oil and gas industry if the North Sea is to develop a viable future, say industry leaders. READ MORE
Almost half of fields heading for loss
Oil exploration in the North Sea remains at an all-time low with no sign of improving, according to a worrying report from the industry’s trade group. READ MORE