News Archive for: July 2015

Shell revealed it would take a “good look” at its North Sea portfolio as it considers $30billion of asset sales over the next two years. The confirmation comes after Energy Voice asked chief executive Ben van Beurden if the firm could rule out more cuts to North Sea numbers….

Energy firm SSE has announced it is buying a minority stake in French oil and gas giant Total’s West of Shetland operations for £565m.

Under the deal, Perth-based SSE will take a 20% stake in the Greater Laggan Area development, which includes the Glenlivet, Laggan, Tormore and Edradour gas fields.

It…

The Oil and Gas Authority (OGA), the UK oil and gas regulator, yesterday awarded 41 new offshore oil and gas exploration licences as part of UK’s 28th Offshore Licencing Round. Oil & Gas UK, representative body for the UK Offshore oil and gas industry, has welcomed the awards.

The 41 new licences were awarded in…

The Oil and Gas Authority (OGA) – the UK oil and gas regulator – has announced today, July 27, 2015, the remaining winners from the 28th Offshore Licensing Round.

According to OGA, the 41 new licences awarded today in addition to the 134 confirmed in late 2014 makes this one…

The Oil and Gas Authority (OGA) is expected to confirm the remaining licences of the 28th offshore round today.

The final tally will bring a close to one of the most active bids in 50 years.

Last year a total of 134 new North Sea exploration licences were awarded by the…