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North Sea Oil and Gas news, featuring LNG, exploration, oil field development, offshore, jobs, market and investment news, renewables and energy transition.
Exclusive: Apache makes dozens of Aberdeen job cuts - Energy Voice
Jun 9, 2023 · Apache has suspended all North Sea drilling amid a "burdensome tax and regulatory regime", but workers say the firm is still making a "chunk of cash" from the region.
Apache to make fresh round of Aberdeen job cuts - Energy Voice
Nov 7, 2023 · Apache (NYSE: APA) has started a consultation on a fresh round of job cuts in its North Sea business based in Aberdeen. Apache decided to suspend North Sea drilling this year over the windfall tax ...
Exclusive: Apache plans end to giant North Sea Forties oilfield
Jul 13, 2023 · Court documents seen by Energy Voice confirm the plan which would bring an end to Forties 51 years after it started production and helped launch the North Sea industry from Aberdeen.
Apache to boost North Sea spending as Diamond Offshore wins …
May 26, 2022 · Apache North Sea has said it plans to boost its UK spending and headcount as it hands a rig extension deal to Diamond Offshore. The US-headquartered operator said it has “increased headcount in ...
VIDEO: Drilling rig kit collapses while drilling for BP off Shetland
Feb 6, 2024 · Footage has emerged of the moment a piece of kit collapsed into the sea during a drilling rig incident in the West of Shetland while working for BP.
Augean boss reveals expansion plan for North Sea services arm
Mar 22, 2017 · Augean said yesterday it was on the hunt for bolt-on acquisitions for its North Sea services subsidiary, with the Peterhead area identified as a target for expansion.
Who is the UK North Sea's top tax payer? - News for the Energy …
Oct 1, 2024 · Just 35 North Sea companies paid £7.5billion in 2023 as sector warns UK tax policies will kill jobs, investment and receipts.
'Rubber hitting the road' on TAQA North Sea decommissioning
Nov 7, 2022 · A recent North Sea Transition Authority (NSTA) report showed a 25% reduction in decom costs since 2017 – not to be sniffed at – but it means the 35% overall target is unlikely to be hit by the ...
Exclusive: BP celebrates first North Sea oil from 'stranded' Arundel ...
Sep 27, 2017 · BP today celebrated first oil from its ‘stranded’ North Sea Arundel development. The production milestone comes just 18 months after the project’s sanction.