Shell announced that it has restarted production at the Penguins field in the UK North Sea with a modern FPSO facility.

Shell plc SHEL recently decided to restart production at the Penguins field in the U.K. North Sea, utilizing a modern ... new export route for the revamped oil and gas production, replacing ...

“The Government will not challenge the judicial reviews brought against development consent for the Jackdaw and Rosebank offshore oil and gas fields in the North Sea. This decision will save the ...

Thousands of jobs in the North Sea are being put at risk because the Government is driven by “zealotry”, the Conservatives have said. Shadow environment minister Andrew Bowie said the Government will ...

The planned acquisition of Shell’s oil fields, which are jointly owned by Exxon, will make Mr Mazzagatti a significant player in the North Sea. After the deal was announced last year ...

The Barents Sea is poised to deliver a new oil discovery to a heavyweight Norwegian joint venture near one of the region’s ...

Shell plc SHEL recently decided to restart production at the Penguins field in the U.K. North Sea, utilizing a modern floating production, storage and offloading (FPSO) facility. The new FPSO, ...

Most leaders plan for what they expect—great ones plan for the unexpected. Learn how Fortune 500 companies build strategies ...

This phased plan minimizes CAPEX to first oil while providing flexibility for basin expansion and acceleration of production from fields beyond Sea Lion. An updated FDP has been submitted to the ...

FIRST Minister John Swinney has declined to either support or oppose the development of the controversial Rosebank and Jackdaw oil and gas fields in the North Sea. The SNP leader faced pressure to ...