Supermajor Shell relaunched production at its Penguins oilfield in the North Sea, following the startup of a new floating production, storage and offloading vessel. Output from the field was shut ...

Forbes readers may be more familiar with Rosebank the whisky, than Rosebank, the biggest undeveloped oil field in the North Sea, 80 miles north-west of the coast of Shetland. Its owners claim is ...

Serica Energy, a top-10 UK oil and gas producer, is still willing to invest in the nation’s North Sea even after the rising tax burden prompted other companies to shift their focus elsewhere.

Shell is investigating a "suspected unexploded ordnance" near a gas pipeline in the North Sea. The device - which is not believed to be recent or sabotage - was discovered last month about 80km ...

A North Sea heavyweight has highlighted the appeal of acquisitions in the area where it expects to generate huge amounts of cash although firms are facing big tax increases. Serica Energy has said ...

North Sea is only 5% of revenue (though it was 20% last year). Even adding back the large impairment charge, operating profits would be negative after D&A for those operations (though around 18% ...

Shell has restored oil and gas production from the Penguins field in the UK North Sea with a new floating, production, storage and offloading (FPSO) facility, the UK-based supermajor said on ...

Feb 4 (Reuters) - Shell (SHEL.L), opens new tab said on Tuesday it has restarted production at the Penguins oil field in the UK North Sea, with a new floating, production, storage and offloading ...

The Scottish Government has been urged to end its presumption against new oil and gas in the North Sea and give its "full-throated support" to the industry. Holyrood announced in 2023 that its ...

From Jan. 31 - Feb. 1, 1953, 72 years ago tonight, a powerful storm with high winds pushed a catastrophic surge of water from the North Sea into southern parts of the Netherlands. This surge of ...

New images from the North Sea show never-before-seen landforms that were carved by a single, colossal ice sheet 1 million years ago and subsequently buried beneath a thick layer of mud ...

Aberdeen and Grampian Chamber of Commerce said it wants the Scottish Government to end the presumption against new developments in the North Sea. Business leaders in Scotland’s north east are ...