Plans to relax restrictions on new oil and gas drilling in the North Sea will be unveiled on Wednesday under the government's ...
The move is likely to be welcomed by the oil and gas industry. But the sector’s biggest ask has been for the Chancellor to ...
The UK government will allow oil and gas drillers to develop new fields next to existing ones, in a move ministers argued was ...
A man from Aberdeen has died following an incident on board a North Sea drilling rig. Emergency services were alerted to the death of Lee Hulse on the Valaris 121 rig, located 140 miles off the coast ...
North Sea oil fields were were once described as ‘climate vandalism’ by Ed Miliband, the Energy Secretary - Paul Campbell/PA Wire Two of the North Sea’s most controversial drilling projects are poised ...
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UK Extends Windfall Tax as It Clears a Path for Limited North Sea Drilling
The UK will allow new oil and gas production only from existing or nearby North Sea fields while extending the windfall tax ...
BBC News reports that it understands the government intends to “relax” the UK’s current moratorium on new drilling for oil and gas ...
Exploration well 33/12-N-3 GH will be drilled in production license 037 B/152 and 33/12-N-3 HH will be drilled in production license 037 B/277 in December.
North Sea drilling engineers typically earn, per year (total cash), about £55,000–£170,000 in the UK sector and NOK 800,000–2,200,000 in the Norwegian sector, depending on experience and allowances.
The drilling program is expected to be completed in December 2025. First oil from Teal West is expected in mid-2026.
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