Posted: June 23, 2025 | Last updated: June 23, 2025 An ocean of money and metal - see how $40 billion was poured into rescuing North Sea oil rigs in a jaw-dropping operation.

New US tariffs and escalating global trade tensions have reshaped vessel markets in the first half of 2025, curbing ...

Where the tripod leg arrangement on conventional vessels has been primarily a means of stabilizing ships against minimal tidal motion, the Irish Sea's four triangular lattice/strut legs, measuring ...

The total U.S. rig count is made up of 438 oil rigs, 111 gas rigs, and five miscellaneous rigs, according to Baker Hughes’ count, which revealed that the U.S. total comprises 502 horizontal rigs ...

A new independent analysis commissioned by Offshore Energies UK (OEUK) from Westwood Global Energy Group has revealed that the UK has the potential to double its North Sea oil and gas production ...

News Politics Rosebank and Jackdaw North Sea oil fields will face tougher tests to get go-ahead New UK Government guidance says offshore developers will now have to pass climate impact assessments ...

LONDON, June 19 (Reuters) - Britain has issued tougher new environmental rules for fossil fuel projects with implications for the development of two vast North Sea oil and gas fields by Shell ...

The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for two wildcat wells in the North Sea, to be ...

Ed Miliband is set to open up the North Sea to oil drilling despite previously branding the idea "climate vandalism”. The government could change its rules on carbon emissions to allow two ...

Repsol UK holds interests in 48 producing and non-producing oil and gas fields. NEO UK’s portfolio includes Penguins, Culzean, Gannet, Shearwater, Britannia Area and Elgin Franklin.

Energy minister Michael Shanks said: “This new guidance offers clarity on the way forward for the North Sea oil and gas industry, following last year’s Supreme Court ruling.