North Sea

Delay on the cards for first oil from flagship North Sea project, as operator puts the brakes on investment activity while uncertainty permeates UK’s fossil fuels arena

NEO Energy has decided to slow down investment plans across its portfolio. As a result, the start-up timeline for the firm’s oil redevelopment project in the North Sea may be postponed.
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Delay on the cards for first oil from flagship North Sea project, as operator puts the brakes on investment activity while uncertainty permeates UK’s fossil fuels arena Read More »

Giant oil & gas projects on thin ice as UK pulls out of court battle: Will Shell and Equinor get cold feet or take a stand against legal challenges?

While two huge oil and gas projects in the waters off the coast of the UK have been walking a tightrope for some time, their operators, Britain’s Shell and Norway’s Equinor, did not waiver in their commitment to enriching the energy market with these r…

Giant oil & gas projects on thin ice as UK pulls out of court battle: Will Shell and Equinor get cold feet or take a stand against legal challenges? Read More »

North Sea subsea interconnector among ‘major’ clean energy duo bringing over $165 million to UK archipelago

SSEN Transmission has revealed an investment of £125 million (close to $165.2 million), which the construction of two big green energy projects poured into the local islands’ economy and businesses located in Shetland.
The post North Sea subsea interco…

North Sea subsea interconnector among ‘major’ clean energy duo bringing over $165 million to UK archipelago Read More »

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