Norwegian oil company DNO has agreed to buy rival Sval Energi from private equity group HitecVision in a deal valued at $1.6 ...

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The consultation will set out the next steps for the government’s strategy to transition away from fossil fuels ...

Orcadian acquired Halo Offshore UK, a subsidiary of a North Sea focused developer that went into liquidation two years ago, ...

The windfall tax on oil and gas firms will end in 2030 – but the government has pledged to ban new drilling licences to help “unleash” clean energy in the North Sea. Both policies have been revealed ...

The Department for Energy Security and Net-Zero (DESNZ) is seeking expert guidance on how to support workers and maximise economic benefits as North Sea oil and gas production declines, and the region ...

Jersey Oil & Gas has highlighted its appetite to acquire producing assets in the North Sea, as it awaits regulatory and fiscal "clarity" over the proposed major Buchan Horst development project ...

And trade leaders last night hit out at UK ministers. They have accused them scoring an own goal by crippling firms with windfall taxes. Russell Borthwick, chief executive of Aberdeen and Grampian ...

Serica and EnQuest are in discussions over a possible merger amid a challenging backdrop for the North Sea oil and gas sector. Bosses at Serica believe a tie-up would deliver 'substantial ...

Industry minister Sarah Jones pledged a ‘well-managed’ transition away from oil and gas (Jane Barlow/PA) “So, we owe it to the North Sea workers and communities who have done so much for our ...

Top UK oil and gas producers complained that there’s still little clarity on the government’s plans for taxes and permits for North Sea drilling, making investment decisions difficult. “We ...