Initial estimates indicate the reservoirs west of Norway could contain 30 million to 110 million barrels of recoverable oil ...
Norway's Equinor EQNR.OL has made two new discoveries of gas and condensate in the North Sea, it said on Friday.
Warning comes as Harbour Energy says it will axe 100 of its offshore workforce after chancellor kept headline 78% levy ...
The Nini oil field on Europe's North Sea will soon start to essentially reverse the process of oil extraction.
Shell and Equinor have launched a 50/50 joint venture, Adura, to become the UK's largest independent North Sea oil and gas ...
The UK government's decision to retain the windfall tax is driving away investment, triggering job losses, and prompting industry warnings of a collapse in North Sea oil and gas production.
Last week’s Budget policy papers will have been a disappointment ​to the North Sea industry, writes Chris Sawyer ...
Britain’s Shell and Norway’s Equinor have completed the deal to combine their offshore oil and gas operations in UK waters to form a new operator — Adura. The joint venture, which was formally ...
The Labour Government sparked fury in the North Sea with its Budget as it confirmed plans for a move that will make the UK increasingly reliant ...
Shell and Equinor merge UK offshore operations to form Adura, projected to produce 140,000 barrels per day, becoming the largest independent North Sea producer in 2026.
Shell failed to tell the UK government about the huge implications for the public purse from its new merger with Equinor ...
Adura, jointly owned by Shell and Equinor, is based in Aberdeen, Scotland.