UK Continental Shelf

Lower operating expenditures and a changing asset mix helped UKCS operators cut average production costs by 9% year over year, despite relatively flat production levels, according to the NSTA.

This paper identifies opportunities and risks associated with repurposing an offshore oil and gas platform for green hydrogen production. Various technical scenarios were investigated for the case study platform, and their profitability was determined using economic calculations. In addition, all the submodels were compared with standard decommissioning costs for reco…

North Sea operators produced an additional 16 million BOE from 56 reinstated wells in 2025 as improved intervention efficiency lowered costs and helped restore shut-in assets to production, according to the NSTA.

As the company works to realign its portfolio, it puts its North Sea assets in the crosshairs.

Located along the North Sea, the Humber is expected to play a central role in the UK’s effort to achieve a net-zero emissions status by 2050.

The transaction creates a new company, NEO NEXT+, which is now the largest independent producer on the UK Continental Shelf.

Westwood links 2026 exploration outcomes to policies, with operators offshore Norway finding seven times more resources than those offshore the UK.

The North Sea Transition Authority has updated its UKCS Well Applications and Consents Guidance to include the process for applying for consent to drill carbon-storage wells.

The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.

The North Sea Transition Authority’s survey highlights shifting innovation and deployment priorities across 46 operators, offering a basinwide snapshot of technologies driving efficiency gains, strengthening asset integrity, and accelerating progress toward net-zero performance in the UK North Sea.