Rental fees cut by 90 per cent to attract interest in British oil and gas leases LONDON, July 27 (Reuters) – England has cut rental fees by up to 90 percent in its latest tender for British oil and gas licences in the North Sea launched on Wednesday in a bid to attract companies to find new […]
New British oil and gas licences offered amid exploration drought Read More »
Shell North Sea Brent platform as tall as the Eiffel Tower LONDON, July 4 (Reuters) – Anglo-Dutch oil major Royal Dutch Shell will start dismantling its nearly 40-year-old Brent Delta platform in the North Sea in 2017, a senior manager said, delaying the process by around one year. Brent Delta, as tall as the Eiffel
Shell North Sea Brent platform decommissioning delayed to 2017 Read More »
UK oil “trying to fight for our survival”: Industry official LONDON _ The number of new UK oil investment projects in the North Sea has collapsed amid a fall in oil prices, underscoring fears for the future of the basin and the jobs it creates. Oil & Gas UK, an industry association, said in its annual
UK oil industry sounds alarm on North Sea amid market drop Read More »
150 people evacuated from North Sea oil platforms STOCKHOLM _ Norwegian rescuers say a potential disaster was narrowly avoided Thursday as an unmanned barge drifted past a North Sea oil field where it had been at risk of colliding with offshore platforms. BP had evacuated 150 people from installations in the Valhall field as the
North Sea oil platforms evacuated as drifting barge nears in rough seas Read More »
Maersk Oil working with JX Nippon, BP on North Sea project HELSINKI _ Maersk Oil says it has permission from British authorities to develop a gas field off the British coast in the largest find in the North Sea in a decade. The Danish company said Monday the Culzean field, discovered in 2008, has an
Maersk Oil to develop $4.5B North Sea gas field off Britain Read More »
