uk north sea – north sea map

North Sea oil firms will help UK hit net zero

 · UK government to allow new North Sea oil and gas exploration Joint investment of up to £16bn tied to industry promise to cut carbon emissions by 50% by end of decade

 · UK faces legal action over North Sea oilfield exploration plans This article is more than 1 month old , Greenpeace threatens to take government to court as approval risk undermining climate

Auteur : Jillian Ambrose

 · Last modified on Mon 2 Aug 2021 12,45 EDT, Far from threatening the UK’s net zero goals, all companies operating in the North Sea, including private equity and state-backed overseas oil and gas

UK North Sea fiscal regime: Where are we now

Nobel Upstream

North Sea

 · More oil and gas wells are to be drilled in the North Sea, the UK government has announced, The decision has angered environmental campaigners, who say the government should refuse new licences

UK Government’s North Sea Oil Plans ‘Prioritise Corporate

UK North Sea – Latest oil and gas news

Even before the most recent measures announced in Budget 2016 the UK Government introduced measures in 2014 and 2015 to support its objective of providing “the right conditions for business investment to maximise the economic recovery of the UK’s oil and gas resources at a time when the North Sea industry is facing considerable challenges”, These measures included:

Oil Firm Under Investigation for Corruption is Contractor

UK seeks to drill more oil and gas from North Sea

 · UK-based oil company IOG, focused on developing its Southern North Sea gas fields, has renamed its Core Project and the associated Thames infrastructure, IOG, which changed its own name from Independent Oil & Gas to IOG in April, has said that the Core Project would now be named Saturn Banks Project, and the Thames infrastructure would be named Saturn Banks Pipeline System,

UK faces legal action over North Sea oilfield exploration

uk north sea

 · Campaigners have reacted with anger to the UK ’s decision to allow new exploration for oil and gas in the North Sea despite the recognition that it must be compatible with national climate goals, Climate campaigners had hoped that the UK would immediately stop issuing new licences to explore for and extract oil and gas from the North Sea saying this was essential to meet the country’s

IOG Renames UK North Sea Project

North Sea

Overview

 · The UK’s Scotland Minister David Duguid was branded “ridiculous” earlier this month for suggesting oil from the A recent DeSmog investigation found that North Sea assets are increasingly being bought up by privately-owned companies with poor environmental records The SFO is investigating Petrofac for alleged bribes in the Middle East Africa and Asia over more than 15 years

North Sea oil was battered by Covid but now faces much

 · North Sea recovery plans on agenda at MER UK meeting Published 11 June 2020 15:34 GMT Rigs and Vessels Shell pulls plug on North Sea vessel charter amid ‘different views on obligation’ Published

The UK sector of the North Sea is a major hydrocarbon province with estimated reserves of 2,8 billion barrels of oil and 7,3 trillion cubic feet of gas as of December 2015 1, Offshore oil production began in 1975 and has yielded some 27 billion barrels to date, There are still significant investment opportunities in the UK sector helping to reserve the declining trend observed over the last

UK government to allow new North Sea oil and gas

 · The UK’s North Sea oil trade might have survived one of many darkest market downturns in historical past throughout the Covid-19 pandemic but the deepest gloom lies over the way forward for the fossil-fuel trade Companies are braced for this week’s annual financial report from trade physique Oil and Gas UK OGUK, It is anticipated to put naked the total toll of the pandemic on the

North Sea, shallow, northeastern arm of the Atlantic Ocean, located between the British Isles and the mainland of northwestern Europe and covering an area of 220,000 square miles 570,000 square km, It is connected to the Atlantic by the Strait of Dover and the English Channel,