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 ...

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.

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

Equinor, Norway’s state-controlled oil company, is the lead developer on Rosebank in the North Sea, which is expected to generate nearly £7bn of investment and hundreds of millions of pounds in ...

Energy giant Shell is due to install a multi-billion pound gas platform in the North Sea this spring despite being blocked from drilling, Sky News understands. The Jackdaw field, which it is ...