North Sea

Industry observers warn that the future of the UK North Sea hinges less on geology than on whether fiscal stability can be restored.

This paper discusses cases from the North Sea and offshore California in which high-fidelity pressure and dynamics measurements, combined with high-speed telemetry, helped overcome complex geotechnical challenges.

Updates about global exploration and production activities and developments.

Marine contractor also approves the construction of a new heavy-transport ship.

SPE Offshore Europe has reaffirmed its position as Europe’s leading offshore energy event, welcoming more than 25,000 professionals to P&J Live in Aberdeen 2–5 September 2025 in what was widely regarded as a landmark week for the sector.

A total of 20 companies submitted applications for new exploration blocks offshore Norway.

The initial phase of the carbon capture and storage project has a capacity of 1.5 million tonnes per year, with a second phase—due online in 2028—expected to bring the storage capacity to 5 million tonnes per year.

The operator estimates discovering more than 96 million BOE of recoverable volumes with its latest Norwegian North Sea exploration activity.

The North Sea project will transport and permanently store up to an initial 4 million metric tons of carbon dioxide per year, with startup expected in 2028.

Equinor and Shell plan to launch the joint venture—initially announced in late 2024—by the end of 2025, pending regulatory approvals.