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Exploration well 35/6-5 S, the first in production license 1110, was drilled to a vertical depth of 3,933 m subsea by the ...

Also a late-phase operation, Aker BP plans to produce from Ula until latest 2028, when the field’s production license expires ...

Aberdeen & Grampian Chamber of Commerce has called on Chancellor Rachel Reeves to reduce the tax burden on North Sea oil and ...

The Aberdeen & Grampian Chamber of Commerce is calling for tax cuts for North Sea oil and gas producers to protect the UK ...

Oil giants such as BP and Shell who operate in the North Sea should be given huge tax breaks to help protect the UK against Donald Trump’s burgeoning trade war, Chancellor Rachel Reeves has been told.

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In 2024, Sverdrup accounted for about 54% of Aker BP's group production, which totaled 439kboe/d. Equinor has also revised its ambitions for the field, targeting a 75% reserves recovery rate, ...

One of Norway's most active explorers is plotting a return to the scene of two significant offshore oil and gas discoveries for appraisal well drilling. The appraisal well plans were revealed ...

Norwegian state-backed group Equinor cut its green targets to boost shareholder value. And France's TotalEnergies will invest less in low-carbon projects.

Interocean is to to provide marine vetting for three offshore wind projects being developed under a joint venture between bp ...

The Government’s £22 billion backing of “unproven” technology to capture and store carbon emissions is high risk, MPs have ...