The move will jeopardise output from five North Sea fields that rely on the Gryphon for processing, meaning an estimated 9m barrels of oil will remain untapped in the ageing basin. The Treasury is ...
Back in October, the UK Government announced it would increase a windfall tax on companies drilling in the North Sea from 35% to 38%. Labour plans to use the revenue from oil and gas taxation to fund ...
Equinor has announces that it has struck oil and gas near the Fram field in the North Sea. The discovery is estimated at between 13 and 28 million boe. TGS and partners Aquila Holdings ASA and ...
The data come days after Donald Trump attacked Britain’s policy of winding down North Sea oil and gas production and expanding offshore wind. Writing on social media, Mr Trump said ...
INTERNATIONAL support has flooded in for striking North Sea oil and gas rig workers fighting pay cuts. Offshore rig workers from Mexico, the United States, Norway and Germany sent solidarity messages ...