UK Continental Shelf

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.

Two new wells add 15,000 BOE/D of peak capacity to the London-based supermajor's North Sea production profile.

Analysts say UK output growth could offset emissions associated with the production of imported LNG while supporting energy security.

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

The test marks a milestone in the Poseidon CCS project, which aims to store carbon dioxide in the depleted gas reservoir below the Leman development in the southern North Sea.

Global offshore decommissioning projects hear the starting gun in Australia and the North Sea, but will the race be a marathon or a sprint?

Delayed decommissioning has been a theme on the UK Continental Shelf thanks to legal, regulatory, and technical hurdles, the report says.

A new UK-based operating company is set to launch next year with a production profile of nearly 140,000 BOE/D.

The asset combination is structured under Eni’s “satellite model,” which Eni has deployed successfully with similar upstream joint-venture deals in Norway and Angola.