Statoil has confirmed that the recent Aldous and Avaldsnes oil discoveries in the North Sea are connected and may represent an oil structure of between 500 million and 1.2 billion barrels of recoverable oil equivalent. If the upper part of the interval strikes pay dirt, the discovery will be one of the ten largest oil … Read more
BP plans to sell its interests in a number of operated oil and gas fields in the UK. The assets involved are the Wytch Farm onshore oilfield in Dorset and all of BP’s operated gas fields in the Southern North Sea, including associated pipeline infrastructure and the Dimlington terminal. BP anticipates that the staff currently … Read more
Scottish and Southern Energy has submitted a proposal under the EU’s NER300 funding process to develop a carbon capture and storage project at its gas-fired power station in Peterhead, Aberdeenshire. Shell UK and Petrofac subsidiary CO2 DeepStore will also be participating in the project by providing the offshore transport and storage elements of the proposal. … Read more
The Government has published the Offshore Renewable Energy Development Plan for public consultation. Ireland’s ocean territory is ten times our land mass size. This Plan, in conjunction with the Strategic Environmental Assessment of Irish Waters also now published, looks at offshore wind, wave and tidal energy resources and how that could be maximised in the … Read more