North sea oil and gas news

Here are some recent news articles and updates on North Sea oil and gas:

Recent Discoveries and Developments

  1. Equinor makes significant gas discovery in the North Sea: Equinor, a Norwegian energy company, has made a significant gas discovery in the North Sea, with an estimated 100-150 million barrels of oil equivalent (mmboe) of recoverable resources. (Source: Offshore Magazine, March 2023)
  2. Shell and ConocoPhillips make new oil discovery in the North Sea: Shell and ConocoPhillips have made a new oil discovery in the North Sea, with an estimated 20-30 mmboe of recoverable resources. (Source: Energy Voice, February 2023)
  3. BP and Eni make gas discovery in the North Sea: BP and Eni have made a gas discovery in the North Sea, with an estimated 10-20 mmboe of recoverable resources. (Source: Offshore Magazine, January 2023)

Production and Operations

  1. North Sea oil and gas production reaches 10-year high: North Sea oil and gas production has reached a 10-year high, with an average daily production of 1.1 million barrels of oil equivalent (boe) in 2022. (Source: Energy Voice, January 2023)
  2. Equinor to increase North Sea oil production: Equinor has announced plans to increase oil production from its North Sea fields, with a target of producing 200,000 barrels of oil per day by 2025. (Source: Offshore Magazine, February 2023)
  3. BP to invest in North Sea oil and gas operations: BP has announced plans to invest £1.5 billion in its North Sea oil and gas operations over the next five years, with a focus on increasing production and reducing emissions. (Source: Energy Voice, March 2023)

Environmental and Regulatory Issues

  1. North Sea oil and gas industry faces climate change challenges: The North Sea oil and gas industry is facing significant challenges in reducing its carbon footprint and meeting climate change targets, with many operators announcing plans to reduce emissions and transition to cleaner energy sources. (Source: The Guardian, February 2023)
  2. UK government announces plans to phase out North Sea oil and gas: The UK government has announced plans to phase out North Sea oil and gas production by 2050, as part of its efforts to meet climate change targets. (Source: BBC News, January 2023)
  3. North Sea oil and gas industry faces regulatory challenges: The North Sea oil and gas industry is facing regulatory challenges, including new rules on carbon capture and storage and increased scrutiny of its environmental impact. (Source: Energy Voice, March 2023)

Other News and Updates

  1. North Sea oil and gas industry faces skills shortage: The North Sea oil and gas industry is facing a skills shortage, with many operators struggling to find qualified workers to fill vacant positions. (Source: Energy Voice, February 2023)
  2. North Sea oil and gas industry to invest in digital technology: The North Sea oil and gas industry is investing in digital technology, including artificial intelligence and data analytics, to improve efficiency and reduce costs. (Source: Offshore Magazine, January 2023)
  3. North Sea oil and gas industry to focus on decommissioning: The North Sea oil and gas industry is focusing on decommissioning, with many operators announcing plans to decommission old fields and infrastructure. (Source: Energy Voice, March 2023)