North Sea | Egypt Oil & Gas - Part 4

Chemical Group INEOS Buys 12 North Sea Fields

The Swiss chemicals company INEOS has purchased 12 gas fields in the North Sea, Reuters reported.

Total Selling Midstream Assets in the North Sea

French oil and gas major Total is selling its midstream assets in the North Sea, reported Offshore ...

North Sea Shedding Assets, Employees

Oil and service companies operating in the North Sea are writing down assets and firing workers in an effort to lower production expenses,

Norway’s Economy Follows Oil Price

The economy of Norway is a “train wreck in slow motion,” according to Svenska Handelsbanken AB, reported Bloomberg. Norway is western Europe’s largest oil producer, with hundreds of offshore platforms and fields in t ...

New Licenses Issued for North Sea Operators

A total of 41 new licences have been awarded for oil and gas operations in the North Sea.

North Sea Western Isles Development Running Two Years Late

Dana Petroleum has confirmed that its flagship £1bn Western Isles oil field development in the North Sea will come on stream two years later than planned.

Shell Fined for Diesel Leak on North Sea Platform

Oil giant Shell has been fined thousands of pounds after a diesel leak on board a North Sea platform.

Traders Set to Send Record Amount of North Sea Oil to South Korea

Oil traders may send a record amount of crude from the North Sea to South Korea this month, amid signs that refining rates in the Asian country are surging.

Rebound in North Sea Oil Fuels UK GDP Growth

A rebound in North Sea oil production in the three months to May helped the UK double its growth rate to 0.6% from the first quarter of the year, handing the Treasury a much-needed boost.

Downturn in North Sea Oil and Gas Will Put Scotland Behind UK

Growth in Scotland will lag further behind the UK in coming years as the downturn in the North Sea oil and gas industry takes a heavy toll on the country, economists have predicted.

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