Western Europe

News
February 03, 2023
The agreements will secure the majority of the power needed for the existing manufacturing activities and also the additional power required for planned investments into electrification and hydrogen production as part of INEOS Inovyn Norway's plans to decarbonize its assets in Norway.
News
February 01, 2023
With the start-up of production from the 10th well, the Neptune-operated Cygnus gas facility is now capable of producing enough natural gas to meet the needs of approximately 2 million UK households, underlining the important contribution of Cygnus to UK energy security.
News
February 01, 2023
Under current projections, the project has the capacity to store up to one gigaton of CO2 - which equates to roughly three years’ worth of UK CO2 current emissions.
News
February 01, 2023
The Barents Blue concept is to make ammonia from natural gas from the Barents Sea, capture the CO2 and store it under the seabed. The Polaris CO2 storage under the Barents Sea was selected as the CO2 storage solution for the Barents Blue project.
News
January 30, 2023
Equinor awarded a front-end engineering design (FEED) contract the low-carbon hydrogen production plan H2H Saltend to Linde Engineering. Equinor also awarded an operation and maintenance service contract to Linde company BOC.  
News
January 26, 2023
BiSN signed a three-year contract, which features two one-year extensions, to provide this operator with Wel-lok™ alloy plugs for its ongoing offshore UK P&A campaign in the North Sea.
News
January 24, 2023
Produced in partnership with Scotland-based documentary maker Thomas Hogben, ‘The Time is Now: the UK’s changing energy industry’ intimately captures the hopes, fears and ambitions of some of the people working on the frontline of the UK’s energy transition.
News
January 23, 2023
The Press Association has reported a speech by Rachel Reeves at the Fabian Society Conference, saying that a Labour government would extend the windfall tax on UK North Sea operators from 75% to 78%. In response, OEUK said the impact of such changes would be disastrous for the UK’s energy supplies and future energy security.
News
January 20, 2023
TotalEnergies awarded the first contract- the LAPA Southwest (LAPA SW) development project- to Saipem and partner Aker Solutions do Brasil. Equinor also awarded a contract to Saipem for the Irpa pipeline project.
News
January 19, 2023
OEUK’s external relations director, said, “Keir Starmer’s suggestion that there should be no further investment in North Sea oil and gas will be deeply upsetting to the many workers and communities dedicated to providing the UK with energy. It will also further damage investor confidence."
News
January 18, 2023
Harbour Energy, the North Sea's biggest oil and gas producer, has told staff it plans job cuts, linked to the windfall tax imposed on the UK sector last year. The jobs would be cut in Harbour Energy's headquarters in Aberdeen.
News
January 18, 2023
The Obelix Upflank discovery was made some 23 km south of the Irpa gas discovery, and 350 km west of Sandnessjøen. This is the first discovery made on the Norwegian continental shelf (NCS) in 2023, and the first wells in the Equinor-operated production license awarded in the APA award in 2020.
News
January 17, 2023
The process, which will provide a significant boost to the UK’s energy security, opened on Oct. 7 and offered acreage across the North Sea. It included four priority areas, which have known hydrocarbons, in which there was very keen interest and could see production in as little as 18 months.
News
January 16, 2023
The North Sea Transition Authority’s announcement that it has received 115 bids for new oil and gas exploration licenses shows how UK offshore energy operators are doing their best to support the nation’s energy future, Offshore Energies UK (OEUK) said on Jan. 16.
News
January 16, 2023
Wintershall Dea is a partner in the Greensand project, which will see the entire CSS value chain realized across borders to an offshore storage site for the first time on the European continent.
News
January 11, 2023
Of the 47 drilling permits, 29 are in the North Sea, 16 are in the Norwegian Sea, and two are in the Arctic Barents Sea. This licensing round is expected to bolster and maintain activity in the Norwegian Continental Shelf.
News
January 11, 2023
The new licenses are close to existing infrastructure in the Gjøa and Fram areas of the Norwegian North Sea. Neptune already has a presence here, reflecting the company’s exploration strategy to focus on key opportunities within core areas.
News
January 10, 2023
The contract covers the design, engineering, manufacture, and installation of pipe for the Dvalin North field, which will be tied back to the Heidrun Platform via the existing Dvalin field on the Norwegian Continental Shelf.
News
January 09, 2023
The government received 13 new field-development plans last year. Companies including Equinor ASA and Aker BP ASA rushed to take advantage of Covid-era tax breaks that expired at the end of December.
News
December 29, 2022
The oil and gas industry warns that the Energy Price Levy, which slaps a 35% rate on profits from North Sea producers, risks drying up investment in a sector that’s key to the country’s energy security even as it transitions away from fossil fuels to achieve climate goals.
News
December 29, 2022
The agreement will see the companies examine the potential to supply renewable electricity from Ørsted’s Hornsea offshore windfarm projects to power future Neptune-operated hubs in the UK North Sea.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.