OGA to have ‘blended approach’ for license change requests

The UK Oil and Gas Authority (OGA) has decided to take “a blended approach” to licence management which should dampen the effects of the global Covid-19 pandemic. The coronavirus pandemic first affected the UK in early 2020 and is still … Read More

Premier Oil shareholders sign off on Chrysaor merger

A merger between Premier Oil and Chrysaor has been approved by Premier’s shareholders and the deal is expected to close by the end of the first quarter this year. Premier reached an agreement with Harbour’s UK operating company Chrysaor regarding … Read More

Shell to cut 330 North Sea jobs

Anglo-Dutch oil giant Shell has revealed plans to cut 330 jobs from its operations in the North Sea, most of them based in Aberdeen. According to an article by the BBC, most of the posts are based at its office … Read More

OGA seeks carbon capture and storage experts

The UK Oil & Gas Authority (OGA) is looking to commission a project to carry out work on a UKCS carbon capture risk register and global lessons learned. In anticipation of increased interest in carbon capture and storage projects on … Read More

i3 Energy abandons ‘sub-commercial’ Liberator licence

Independent oil and gas company i3 Energy has relinquished its UK North Sea Licence P.1987, which contains the Liberator field, after determining that the development would not be commercially viable. Liberator field location; Source: i3 Energy Located in Blocks 13/23d … Read More

Talon adds three offshore licenses to UK portfolio

Australia-based Talon Petroleum has been awarded three new exploration licenses in the UK Central North Sea (UKCS). Talon Petroleum said last week that the new license awards were part of the recent 32nd Offshore Licensing Round offered by the UK … Read More

European shipowners welcome last-minute Brexit trade deal

Following the last-minute deal reached between the United Kingdom and the European Union, the European shipping industry has applauded the Brexit deal that would support the current trade fluidity. On 1 January 2021, the UK will leave the EU Single … Read More

New strategy requires UK oil and gas sector to support net-zero target

A revised Strategy from the UK’s petroleum regulator Oil & Gas Authority (OGA), featuring a range of new net-zero obligations for the UK oil and gas industry, was submitted for laying before the UK Parliament on Wednesday, 16 December 2020. … Read More

Jersey planning for North Sea drilling campaign in 2022

Jersey Oil & Gas has identified a new prospect in the UK North Sea, near its existing infrastructure, following a comprehensive subsurface evaluation of all its licences with plans to carry out a drilling campaign from 2022. Jersey said on … Read More

Canadians embark on offshore wind mission in UK

The Newfoundland and Labrador Environmental Industry Association (NEIA) is leading an international business development mission to the UK to help businesses from Atlantic Canada explore opportunities in the offshore wind industry. NEIA’s virtual mission is taking a geographic approach over … Read More