More Time for UK Operator to Breathe Life Into Two North Sea Oil Discoveries
Wedoany.com Report-Jun 22, UK-based oil and gas company Orcadian Energy has secured an extension for Phase B of its P2482 license, allowing continued development of the Elke and Narwhal oil discoverie...
EnQuest Restarts Production at UK Field After Four-Week Hiatus
Wedoany.com Report-May 28, EnQuest, a London Stock Exchange-listed energy company, has resumed production at its Magnus field in the UK sector of the North Sea following a four-week pipeline system ou...
Ithaca Energy Expects Higher Production in 2025
Wedoany.com Report-Mar 26, North Sea oil and gas company Ithaca Energy (ITH.L),forecast higher 2025 production on Wednesday, encouraged by the recent acquisition of the UK assets of Eni (ENI.MI). Itha...
Deferred Well Plug and Abandonment Could Add $5.5 Billion to UK Decommissioning Bill
Wedoany.com Report-Mar 12, Latest analysis from Westwood Global Energy Group, the specialist energy market research and consultancy firm, reveals the extent of financial and logistical hurdles for Nor...
UK Drafts New Oil Tax Plan to Replace Controversial Windfall After 2030
Wedoany.com Report-Mar 7, The UK government is drafting a new tax regime for oil and gas companies to replace a controversial windfall levy after 2030, with an aim to hit companies only when prices ar...
Elliott Pushes Big Cost Cuts at BP to Preserve Its Independence
Storage tanks at the Port of Rotterdam in Rotterdam, Netherlands. Wedoany.com Report-Feb 14, Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its...
BP Books Singapore Firm for Another Gulf of America-Bound Floating Production Unit
Rendering of BPs Kaskida offshore platform in the Gulf of Mexico Wedoany.com Report-Feb 13, Singapore-headquartered provider of offshore, marine, and energy solutions Seatrium has secured a job ahead...
Shell Starts Production From Penguins FPSO in UK North Sea
Wedoany.com Report-Feb 5, Shell has restarted production at the Penguins field in the UK North Sea with a modern floating, production, storage and offloading (FPSO) facility (Shell 50%, operator; NEO ...
BP to Eliminate About 5% of Workforce to Cut Costs, CEO Says
The company has stopped or paused 30 projects since last June. Wedoany.com Report-Jan 17, BP Plc is eliminating 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jo...
SLB Awarded Multi-Region Deepwater Contracts by Shell to Support Capital-Efficient Energy Development
Wedoany.com Report-Jan 10, Global energy technology company SLB has been awarded a series of major drilling contracts by Shell to support capital-efficient energy development across its deep- and ultr...