“The economic case for investment is not strong enough at this time, as well as having the potential for delays,” a Shell spokesperson said in this BBC article published yesterday…
As announced last week, the new German coalition plans include a potential ban on new exploration licences being issued in their part of the North Sea. Is this a surprise?…
Svalbard is a geological outlier in Norway, as it is a place dominated by sedimentary strata rather than igneous and metamorphic rocks as is the case for the Norwegian mainland.…
In a press release issued yesterday, Equinor announced the sale of its 36.5% non-operated stake in the only producing gas field in Ireland – Corrib – to operator Vermillion. After…
“Investment in the upstream UK oil and gas sector is absolutely critical,” said Tim Eggar, chairman of the Oil and Gas Authority during the Petex Conference in London this week.…
The discovery of oil in the Zechstein Hauptdolomite of the Ossian prospect (42/4-1Z) in 2019 triggered a significant amount of interest from the industry. After all, could oil be the…
“How is your hobby, Phil?” That’s what Phil Kirk heard from his colleagues a few years ago when CO2 storage projects were being discussed. A quick rewind to the present…
As the North Sea matures further, there is a clear trend of more “challenging” prospects to appear or re-appear on the exploration radar. Prospects that were ignored for years because…
With a technical programme packed with high-quality talks, an exhibition space for industry operators and service companies and a whole range of fringe events, this three-day event organised by the…
“To this day I remember the moment that I was told that the oil in our prospect is indeed sourced from the Kimmeridge Clay.” It was a very important moment…
Even though the ultimate decision to go ahead with the West of Shetland discovery resides with the government in London, it is still quite a thing to hear this from…