North Sea | Egypt Oil & Gas - Part 4

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.

North Sea Service Companies Cutting Jobs

Amec Foster Wheeler Plc and Petrofac Ltd on Tuesday joined a growing list of London-listed oil and gas support services companies planning to cut jobs in response to the tumble in oil prices.

BP Selling Stake in North Sea Gas Pipeline

UK energy giant BP announced that its interest in the Central Area Transmission System (CATS) in the North Sea will be sold for £324m.

Technip Awarded North Sea Brownfield Contract with Dana Petroleum

Technip, a world leader in engineering for the energy industry, has been awarded a brownfield subsea contract for the Triton floating production storage and offloading (FPSO) vessel, operated by Dana Petroleum, locat ...

Oil Prices Prompt North Sea Operators to Sell Off Assets

The North Sea, which brought upheaval to global oil markets in the 1980s just as shale has in this decade, is desperately seeking tax relief in Wednesday’s British budget.

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