Tag: North
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BP is preparing to develop the third phase of the huge Clair field in the North Sea
British oil company BP is preparing to enter the third phase of development of the massive Clair oil field in the North Sea, with the tightening of carbon capture requirements for the project. The British company is looking forward to making a decision to develop the third phase of the project, which bears the name…
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A shocking surprise about the British oil fields in the North Sea
Once again, the controversy over the British oil fields in the North Sea, which is awaiting a new licensing round for oil and gas exploration after it stopped in 2020, is back. Offshore Energy UK, which represents Britain’s offshore oil and gas industry, revealed a shocking revelation about 10 British oil fields in the North…
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Offshore wind power in Scotland powers oil and gas platforms in the North Sea
Offshore wind energy in Scotland entered the oil and gas sector for the first time in the world, through a lease round in which reputable international energy companies competed in the sector. Crown e-State Scotland announced the selection of 13 bids out of 19 submitted bids to lease the seabed for the construction of wind…
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The closure of one of the largest oil fields in the North Sea due to exceptional taxes
Canada’s Canadian Natural Resources International has decided to shut down the Ninian field, one of the largest oil fields in the North Sea, given difficult market conditions, due to high natural gas production costs, unexpected taxes and lower UK business prospects. The company is working to “accelerate the abandonment” of its two remaining Ninian South…
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Disappointment for the Norwegian company Equinor after drilling a well in the North Sea
The Norwegian company Equinor announced that the results of drilling the appraisal well “16/2-23S” in the North Sea were disappointing. The state-owned company drilled the well 7.5 km east of the Edvard Grieg field and 10 km west of the Johan Sverdrup field in the North Sea, with the semi-submersible drilling rig “Debsey Stavanger” of…
